North Road, Lancing
JA

North Road, Lancing

By Jacobs Steel

£ 190,000

Reviews

2 out of 5 stars

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

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
827,000.00 £
Decreased by 61.77 %
from 2,163,391.00 £
Est sale value
820,538.29 £
Decreased by 33.86 %
from 1,240,585.06 £
Average area rental value
2,642.00 £/mo
Increased by 25.21 %
from 2,110.00 £/mo
Est letting value
2,346.63 £/mo
Increased by 200.00 %
from 782.21 £/mo
Est rental Yield
3.83 %
Increased by 227.35 %
from 1.17 %
Crime Rate
53.00 %
Unchanged by 0.00 %
from 53.00 %

Agent Activity

  • Jacobs Steel marked this listing as sold.

  • Jacobs Steel created the listing.

Nearby Schools

NameTypeOfstedDistance
Lancing Children & Family CentreChildren's Centre0.00 KM
Springboard EducationOther Independent Special SchoolRequires improvement0.39 KM
The Globe Primary AcademyAcademy Sponsor LedGood0.75 KM
Seaside Primary SchoolAcademy Converter1.06 KM
Boundstone Children & Family CentreChildren's Centre1.13 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Freshbrook Road £ 000.00 KM
Grinstead Lane £ 168,75000.00 KM
Culver Road £ 000.00 KM
Penhill Mews £ 180,00000.00 KM
West Lane £ 500,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Lancing5275LAC0.13 KM
East Worthing5283EWR3.67 KM
Shoreham-By-Sea5277SSE5.64 KM
Worthing5279WRH6.05 KM
West Worthing5278WWO7.89 KM

Nearby Listings

AddressPriceTypeScoreDistance
North Road, Lancing, West Sussex, BN15 £ 140,000BUYUnknown0.05 KM
North Road, Lancing £ 250,000BUY6 / 100.06 KM
North Road, Lancing £ 175,000BUY6 / 100.06 KM
North Road, Lancing £ 225,000BUYUnknown0.06 KM
North Road, Lancing £ 150,000BUYUnknown0.06 KM

Nearby Properties

AddressPriceDistance
2 North Road £ 170,0000.07 KM
6 Meadow Lane £ 221,7500.07 KM
9 Meadow Lane £ 152,5000.07 KM
3 Meadow Lane £ 149,9500.07 KM
1 Meadow Lane £ 169,9500.07 KM