First Avenue, Lancing, West Sussex, BN15
MI

First Avenue, Lancing, West Sussex, BN15

By Michael Jones & Bacon

£ 400,000

Reviews

3 out of 5 stars

Michael Jones & Bacon says ..

NO ONGOING CHAIN This charming character-style family home, with no ongoing chain, offers immense potential and some updating required. It features four to five spacious bedrooms and an open plan living/dining room, perfect for modern family life. The deceptively sized kitchen/breakfast roo...

Property Oracle says ..

This five-bedroom property located in Lancing, West Sussex, presents a mixed bag of opportunities and challenges. The property’s major advantage is its location, with good access to local schools and the train station. A substantial garden adds considerable appeal, especially for families. However, the interior requires substantial modernisation. The décor, fittings and fixtures appear dated, suggesting a significant amount of renovation is required to bring it to a contemporary standard. The kitchen, although updated, still reflects the overall feeling of needing to be modernized. The current aesthetic may deter some buyers, but it also allows for significant personalization. The list price appears reflective of the property’s market value considering the need for renovations, but detailed square footage information is required for a more precise price-per-square-foot comparison. Potential buyers should factor the cost of refurbishment into their overall financial assessment. Given the existing structure and the potential post-renovation value, this property could appeal to buyers seeking a substantial property with a considerable degree of customisation, willing to put the effort into restoring the home.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
6
Bedrooms
5
Bathrooms
1
Sqft (est)
1,518.90

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
830,864.00 £
Increased by 21.56 %
from 683,485.00 £
Est sale value
1,345,745.40 £
Increased by 57.65 %
from 853,621.80 £
Average area rental value
1,899.00 £/mo
Increased by 17.22 %
from 1,620.00 £/mo
Est letting value
3,037.80 £/mo
Increased by 100.00 %
from 1,518.90 £/mo
Est rental Yield
2.74 %
Decreased by 3.52 %
from 2.84 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Michael Jones & Bacon marked this listing as sold.

  • Michael Jones & Bacon created the listing.

Nearby Schools

NameTypeOfstedDistance
Lancing Children & Family CentreChildren's Centre0.60 KM
The Globe Primary AcademyAcademy Sponsor LedGood0.64 KM
North Lancing Primary SchoolCommunity SchoolGood0.74 KM
Springboard EducationOther Independent Special SchoolRequires improvement0.98 KM
Boundstone Children & Family CentreChildren's Centre1.06 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Fourth Avenue £ 462,50000.00 KM
Glebe Close £ 000.00 KM
Glebe Way £ 000.00 KM
West Lane £ 500,00000.00 KM
Shadwells Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lancing5275LAC0.72 KM
East Worthing5283EWR3.99 KM
Shoreham-By-Sea5277SSE5.42 KM
Worthing5279WRH6.34 KM
West Worthing5278WWO8.16 KM

Nearby Listings

AddressPriceTypeScoreDistance
First Avenue, Lancing, West Sussex, BN15 £ 400,000BUYUnknown0.07 KM
First Avenue, Lancing, West Sussex, BN15 £ 325,000BUY6 / 100.08 KM
Orchard Avenue, Lancing, West Sussex, BN15 £ 375,000BUY7 / 100.09 KM
Orchard Avenue, Lancing, BN15 £ 375,000BUY7 / 100.10 KM
Crabtree Lane, Lancing £ 225,000BUYUnknown0.12 KM

Nearby Properties

AddressPriceDistance
44 First Avenue £ 62,0000.01 KM
27 First Avenue £ 125,0000.01 KM
34 First Avenue £ 326,0000.01 KM
37 First Avenue £ 205,0000.01 KM
5 First Avenue £ 176,0000.01 KM