Crabtree Lane, Lancing
JA

Crabtree Lane, Lancing

By Jacobs Steel

£ 249,950

Reviews

2 out of 5 stars

Jacobs Steel says ..

A deceptively spacious four bedroom maisonette over three floors located in the heart of Lancing. The property is currently let out as a house of multiple occupation and each of the rooms is let out individually. A great investment or first time buy.

Property Oracle says ..

This property on Crabtree Lane in Lancing presents a mixed bag. It’s a four-bedroom maisonette in a location that benefits from proximity to Lancing train station and several primary schools. The train station offers convenient access to Brighton and other towns in the area, which is appealing to commuters and families. Several nearby schools offer various educational choices, however, more detailed information on the quality of those schools would be beneficial. The kitchen and bathroom appear to have been recently updated and are presented in a reasonably modern condition, while other areas of the property might benefit from some modernisation. The lack of information regarding the square footage for other properties prevents accurate comparison of price per sqft.

However, a significant drawback is the apparent lack of outdoor space. The absence of a garden could be a deal-breaker for many buyers, particularly families. The property is located within a row of shops. This could be viewed as a positive or negative, depending on buyer preferences. The commercial nature of the immediate surrounding streets might not appeal to those seeking a more residential environment. Overall, the property represents a reasonable entry point to the Lancing property market, but the absence of outdoor space and need for some minor updates are notable considerations.

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
4
Bathrooms
1
Sqft (est)
953.25

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
844,579.50 £
Increased by 57.65 %
from 535,726.50 £
Average area rental value
1,899.00 £/mo
Increased by 17.22 %
from 1,620.00 £/mo
Est letting value
1,906.50 £/mo
Increased by 100.00 %
from 953.25 £/mo
Est rental Yield
2.74 %
Decreased by 3.52 %
from 2.84 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Jacobs Steel created the listing.

Nearby Schools

NameTypeOfstedDistance
Lancing Children & Family CentreChildren's Centre0.49 KM
The Globe Primary AcademyAcademy Sponsor LedGood0.65 KM
North Lancing Primary SchoolCommunity SchoolGood0.86 KM
Springboard EducationOther Independent Special SchoolRequires improvement0.87 KM
Seaside Primary SchoolAcademy Converter1.06 KM

Images

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Lancing5275LAC0.61 KM
East Worthing5283EWR3.95 KM
Shoreham-By-Sea5277SSE5.43 KM
Worthing5279WRH6.31 KM
West Worthing5278WWO8.13 KM

Nearby Listings

AddressPriceTypeScoreDistance
Crabtree Lane, Lancing £ 225,000BUYUnknown0.00 KM
Crabtree Lane, Lancing £ 175,000BUY6 / 100.01 KM
Crabtree Lane, Lancing £ 199,950BUY5 / 100.02 KM
Crabtree Lane, Lancing £ 225,000BUY5 / 100.02 KM
Crabtree Lane, Lancing £ 199,950BUY8 / 100.02 KM

Nearby Properties

AddressPriceDistance
10 Crabtree Lane £ 100,0000.01 KM
30 Crabtree Lane £ 42,0000.01 KM
38 Crabtree Lane £ 220,0000.01 KM
3 Grinstead Avenue £ 159,9500.08 KM
19 Grinstead Avenue £ 175,0000.08 KM