Fox & Sons says ..
Fox and Sons are delighted to present this ground floor apartment to the market. Sold with tenant in situ, and achieving over 6% rental yield, this property would be ideal for anyone looking to start or expand their portfolio.
Property Oracle says ..
This ground floor flat on South Street in Lancing presents a potential opportunity for buyers. While the immediate location is urban, its proximity to the beach and local amenities adds appeal. The property’s condition suggests it may benefit from some modernization. Considering the list price in relation to comparable properties in the area, it appears to offer reasonable value. The flat is located close to Lancing railway station and several schools. The nearby streets have a mix of residential and commercial properties.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 6
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
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
- 430,833.00 £Increased by 18.07 %
- Average area rental value
- 1,665.00 £/moIncreased by 19.18 %
- Est rental Yield
- 4.64 %Increased by 1.09 %
- Crime Rate
- 21.00 %Unchanged by 0.00 %
Agent Activity
Fox & Sons created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Springboard Education | Other Independent Special School | Requires improvement | 0.40 KM |
| Lancing Children & Family Centre | Children's Centre | 0.77 KM | |
| The Globe Primary Academy | Academy Sponsor Led | Good | 1.34 KM |
| Seaside Primary School | Academy Converter | 1.41 KM | |
| Boundstone Nursery School | Local Authority Nursery School | Outstanding | 1.55 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Kimber Close | £ 450,000 | 0 | 0.00 KM |
| Penhill Mews | £ 180,000 | 0 | 0.00 KM |
| Grinstead Lane | £ 168,750 | 0 | 0.00 KM |
| Freshbrook Road | £ 0 | 0 | 0.00 KM |
| Culver Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lancing | 5275 | LAC | 0.66 KM |
| East Worthing | 5283 | EWR | 3.37 KM |
| Worthing | 5279 | WRH | 5.73 KM |
| Shoreham-By-Sea | 5277 | SSE | 6.01 KM |
| West Worthing | 5278 | WWO | 7.59 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| South Street, Lancing | £ 230,000 | BUY | 5 / 10 | 0.00 KM |
| South Street, Lancing | £ 150,000 | BUY | 4 / 10 | 0.00 KM |
| South Street, Lancing, West Sussex, BN15 | £ 375,000 | BUY | Unknown | 0.04 KM |
| Sunbeam Apartments, 164 South Street, BN15 8FA | £ 375,000 | BUY | 6 / 10 | 0.05 KM |
| South Street, Lancing | £ 375,000 | BUY | 6 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 149 South Street | £ 44,000 | 0.00 KM |
| 159 South Street | £ 155,000 | 0.00 KM |
| 147 South Street | £ 55,000 | 0.00 KM |
| 91 Brighton Road | £ 236,000 | 0.06 KM |
| 95 Brighton Road | £ 152,000 | 0.06 KM |