Jacobs Steel says ..

Property Oracle says ..

The property is a 3-bedroom detached bungalow located on Leconfield Road in Lancing, West Sussex. It is listed at £400,000 and has a plot size of 0.00 sqft. The property requires modernisation and is in need of renovation. The location is reasonably good; it’s within a 1.18km radius of Lancing train station, providing convenient access to public transportation. Several schools are also within a reasonable distance, including Boundstone Nursery School (Outstanding Ofsted rating) and The Globe Primary Academy (Good Ofsted rating). Based on the provided images, the property is in poor condition and requires significant renovation. The walls show signs of damp, the carpets are stained, and the kitchen and bathroom appear outdated and need replacing. The garden is overgrown and unkempt. The property’s plot size is listed as 0.00 sqft, which is unusual and likely inaccurate. Further clarification is needed to assess the amount of land available. Considering the average house price in the area is £1,130,770 and the average price per sqft is £1,190, the listed price of £400,000 for this property seems low. However, this is likely due to the property’s condition and the need for extensive renovation. The price may be considered reasonable given the extensive work required, but a full structural survey would be needed to confirm this.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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