Fox & Sons says ..
Fox and Sons are delighted to present this first floor flat to the market. Sold with tenant in situ, and achieving a 6% rental yield, this property would be ideal for anyone looking to start or expand their portfolio.
Property Oracle says ..
This is a two-bedroom flat located on South Street in Lancing. The property is listed with Fox & Sons. While the square footage is not provided, the flat offers one bathroom. The location is convenient, with Lancing railway station nearby and several schools in the vicinity. The internal condition suggests that the property would benefit from some modernisation. The asking price of £230,000 appears reasonable, potentially offering an opportunity for renovation and value appreciation. The property is a flat, so land is not a significant feature.
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
- 5
- Location
- 7
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
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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 |
| Sunbeam, South Street, Lancing, BN15 8FA | £ 375,000 | BUY | 6 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 147 South Street | £ 55,000 | 0.00 KM |
| 159 South Street | £ 155,000 | 0.00 KM |
| 149 South Street | £ 44,000 | 0.00 KM |
| 91 Brighton Road | £ 236,000 | 0.06 KM |
| 95 Brighton Road | £ 152,000 | 0.06 KM |