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Myrtle Crescent, Lancing, West Sussex BN15

South East

£300,000

Listed on 12/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
962 sqft

Description

This mid-terraced family home, rich in character, represents a fantastic opportunity for those looking to create a personalized living space. Offered without an ongoing chain, this property serves as a blank canvas ready for your creative touch. Inside, you will find gas central heating and uPVC double glazing throughout, ensuring comfort and efficiency from the outset. The ground floor features a bright and airy living room with southerly exposure, complemented by a spacious open-plan kitchen/dining area that is perfect for family gatherings or entertaining friends. This area extends into a full-width conservatory that overlooks the garden, adding valuable additional living space. A convenient ground floor cloakroom enhances practicality. Upstairs offers three well-sized bedrooms suitable for family life or as a home office, alongside a modern family bathroom that caters to everyday needs. Outside, the easy-to-maintain rear garden allows for relaxation rather than upkeep. Located in a sought-after area with convenient access to the village centre and local railway station, this home presents an excellent investment opportunity in a prime location.

Investment Analysis

(BN15 area)

Below Market Value

This property is priced -20.2% below area average per sq ft

-20.2%
Potential saving
This Property
£312/sq ft
Area Average
£391/sq ft
Avg Rent (weekly)
£341
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£413,597
10% above area average per sq ft
Potential ROI
+25.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (BN15)

Area prices are rising by +2.7% over the last 12 months
3 year growth: -5.1%
5 year growth: +17.7%
Investment Disclaimer: Analysis based on BN15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Myrtle Crescent, Lancing, West Sussex BN15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,133
Based on a loan of £225,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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