Lancing Park, Lancing
RO

Lancing Park, Lancing

By Robert Luff & Co

£ 400,000

Reviews

3 out of 5 stars

Robert Luff & Co says ..

Robert Luff & Co are delighted to present this spacious detached bungalow located on popular Lancing Park - a residential Cul-de-sac situated just off of the coast road in Lancing. Lancing beach is just a few minutes walk away and the village centre, pubs, cafes and mainline station are also with...

Property Oracle says ..

This two-bedroom detached bungalow in Lancing Park, West Sussex, presents a mixed picture. The property benefits from a convenient location close to Lancing beach and village centre, with relatively easy access to transport links via the nearby Lancing train station. The proximity to the sea and local amenities is a considerable draw for potential buyers. The garden, although needing some maintenance, provides additional outdoor space.

However, the property’s condition requires significant consideration. While the bathroom seems recently updated, other rooms, particularly the living areas and bedrooms, exhibit considerable wear and tear, and some evidence of dampness or damage. The kitchen is dated and will likely need a complete overhaul. The presence of visible cracks and peeling paint highlights a need for renovation.

The list price, £400,000, should be viewed in the context of similar properties in the area. Whilst there is not sufficient data for a comprehensive comparative market analysis the price isn’t unreasonable, given the desirability of the location and potential for future value after renovation, but is not outstanding value at this moment in time. A prospective buyer should factor in substantial refurbishment costs into their overall investment budget.

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
2
Bathrooms
1
Sqft (est)
1,360.30

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
1,426,954.70 £
Decreased by 33.86 %
from 2,157,435.80 £
Average area rental value
2,642.00 £/mo
Increased by 25.21 %
from 2,110.00 £/mo
Est letting value
4,080.90 £/mo
Increased by 200.00 %
from 1,360.30 £/mo
Est rental Yield
3.83 %
Increased by 227.35 %
from 1.17 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Robert Luff & Co marked this listing as sold.

  • Robert Luff & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Springboard EducationOther Independent Special SchoolRequires improvement1.11 KM
Lancing Children & Family CentreChildren's Centre1.37 KM
Boundstone Nursery SchoolLocal Authority Nursery SchoolOutstanding1.56 KM
The Globe Primary AcademyAcademy Sponsor LedGood1.64 KM
Boundstone Children & Family CentreChildren's Centre1.69 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Kimber Close £ 450,00000.00 KM
Field Close £ 000.00 KM
St Mark's Crescent £ 000.00 KM
Grinstead Lane £ 168,75000.00 KM
Culver Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lancing5275LAC1.24 KM
East Worthing5283EWR2.65 KM
Worthing5279WRH4.99 KM
Shoreham-By-Sea5277SSE6.78 KM
West Worthing5278WWO6.84 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lancing Park, Lancing £ 400,000BUY6 / 100.00 KM
Lancing Park, Lancing £ 475,000BUY6 / 100.04 KM
Lancing Park, Lancing £ 575,000BUY6 / 100.04 KM
Milford Court, Brighton Road, Lancing, West Sussex, BN15 £ 280,000BUY6 / 100.07 KM
Brighton Road, Lancing £ 270,000BUYUnknown0.07 KM

Nearby Properties

AddressPriceDistance
25 Lancing Park £ 363,0000.04 KM
41 Lancing Park £ 487,5000.04 KM
21 Lancing Park £ 436,0000.04 KM
19 Lancing Park £ 286,0000.04 KM
26 Lancing Park £ 137,0000.04 KM