Chain-free studio near Lancing village and station — affordable but lease may restrict mortgages..
- First-floor studio flat, chain free
- Short walk to Lancing village centre and railway station
- Double glazed windows; electric night storage heating
- Separate kitchen, inner lobby with washer plumbing
- Service charge approx. £670 per year
- Lease c.76 years remaining — lenders may refuse mortgages
- Dated finishes; will benefit from modernisation
- Area has above-average crime and high deprivation
A compact, chain-free first-floor studio located a short walk from Lancing village centre and the mainline railway station. The open-plan studio has a separate kitchen, bathroom and an inner lobby with plumbing for a washing machine; double glazing is fitted throughout and the property is heated by electric night storage heaters.
This flat is well suited to an investor or a first-time buyer seeking an entry-level purchase in a walkable location. Service charge is approximately £670 per year and council tax is very cheap, keeping running costs low. The accommodation is straightforward and low-maintenance but finishes are dated and would benefit from modernisation to maximise rental or resale value.
Important: the lease has approximately 76 years remaining. That is likely to restrict mortgage availability and could make some lenders refuse to lend. Buyers should obtain independent legal and mortgage advice about lease extension costs and financing before committing. Also note the area records above-average crime and higher local deprivation indices, which will influence rental demand and buyer suitability.
Sold chain free, this studio offers a practical, affordable entry point to the local market for someone willing to accept a short lease and carry modest updating works.
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