Jacobs Steel says ..
A current two bedroom apartment with plans to convert the loft space to create a three bedroom/two bathroom two level apartment, under permitted development and with freeholder consent subject to conditions.
Property Oracle says ..
This two-bedroom apartment in Lancing, West Sussex, is located on North Road, offering convenient access to the town centre and Lancing train station. The property currently offers two bedrooms and a bathroom and plans are in place to convert the loft to create a three-bedroom, two-bathroom property. The existing accommodation appears functional and in reasonable condition; however, some updates and modernization might enhance its overall appeal. The internal photos show a relatively simple finish and decor, which is neither modern nor dated. The kitchen appears adequate but lacks modern styling. The bathroom shows some wear and tear. While the property benefits from a central location and proximity to amenities, including nearby schools and transportation, it lacks a garden or any significant private outdoor space. The list price appears competitive relative to other properties within the local area but doesn’t present outstanding value due to its small size and lack of outdoor space. The potential loft conversion adds value and appeal, but this requires further investigation regarding planning and completion costs. Buyers should carefully weigh these factors and the potential costs associated with the conversion against the asking price. Overall, this property presents an opportunity for those looking for an apartment in a convenient Lancing location that can improve its living space via a loft conversion, however a lack of outdoor space needs to be considered.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 782.21
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Metrics Year-on-Year
- Average area value
- 827,000.00 £Decreased by 61.77 %
- Est sale value
- 820,538.29 £Decreased by 33.86 %
- Average area rental value
- 2,642.00 £/moIncreased by 25.21 %
- Est letting value
- 2,346.63 £/moIncreased by 200.00 %
- Est rental Yield
- 3.83 %Increased by 227.35 %
- Crime Rate
- 53.00 %Unchanged by 0.00 %
Agent Activity
Jacobs Steel marked this listing as sold.
Jacobs Steel created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Lancing Children & Family Centre | Children's Centre | 0.00 KM | |
| Springboard Education | Other Independent Special School | Requires improvement | 0.39 KM |
| The Globe Primary Academy | Academy Sponsor Led | Good | 0.75 KM |
| Seaside Primary School | Academy Converter | 1.06 KM | |
| Boundstone Children & Family Centre | Children's Centre | 1.13 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Freshbrook Road | £ 0 | 0 | 0.00 KM |
| Grinstead Lane | £ 168,750 | 0 | 0.00 KM |
| Culver Road | £ 0 | 0 | 0.00 KM |
| Penhill Mews | £ 180,000 | 0 | 0.00 KM |
| West Lane | £ 500,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lancing | 5275 | LAC | 0.13 KM |
| East Worthing | 5283 | EWR | 3.67 KM |
| Shoreham-By-Sea | 5277 | SSE | 5.64 KM |
| Worthing | 5279 | WRH | 6.05 KM |
| West Worthing | 5278 | WWO | 7.89 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| North Road, Lancing, West Sussex, BN15 | £ 140,000 | BUY | Unknown | 0.05 KM |
| North Road, Lancing | £ 250,000 | BUY | 6 / 10 | 0.06 KM |
| North Road, Lancing | £ 175,000 | BUY | 6 / 10 | 0.06 KM |
| North Road, Lancing | £ 225,000 | BUY | Unknown | 0.06 KM |
| North Road, Lancing | £ 150,000 | BUY | Unknown | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 2 North Road | £ 170,000 | 0.07 KM |
| 6 Meadow Lane | £ 221,750 | 0.07 KM |
| 9 Meadow Lane | £ 152,500 | 0.07 KM |
| 3 Meadow Lane | £ 149,950 | 0.07 KM |
| 1 Meadow Lane | £ 169,950 | 0.07 KM |