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See how verdicts work4-bedroom detached house · RH12 2LZ
Sold STCReduced £75k (−9.7%) on 25 OctListed 143 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £775,000 - £800,000 A rarely available and superbly located 4 double bedroom, 3 reception room detached house, built in 1964 with 2 garages, secluded south east facing garden and no onward chain.
This is the first time to the market since built and does require complete modernisation but offers the new owners a great opportunity to create their perfect home.
This property is situated on an extremely popular development, close to excellent schools, major transport links, Horsham park, beautiful country walks in Warnham nature reserve and the town centre.
The accommodation comprises: enlarged entrance hallway which is plenty big enough for pushchairs, coats and shoes, cloakroom and family room with storage (formerly the garage).
The great sized sitting room features a fireplace and French doors onto the garden.
A formal dining room leads into the kitchen with side access and offers scope to incorporate the 2 rooms into a family sized kitchen/dining room.
A staircase from the entrance hallway rises to the first floor with 4 generous sized double bedrooms and family bathroom.
Benefits include double glazed windows and oil fired central heating to radiators (boiler located in the kitchen).
There is a gas supply to the road but not into the property and the potential purchasers should factor into their budget a new central heating system.
A driveway provides parking for 2 vehicles, leading to the garage with attached store utility/store room.
An additional driveway provides parking for 1 vehicle, leading to a further garage which could be converted into an office, playroom or gym.
The 75’ x 56’ south east facing garden is a particular feature and offers an excellent degree of privacy. The garden is predominantly lawned with mature borders, paved patio and side access.
Disclaimer In accordance with the requirements of the Anti Money Laundering Act 2022, Mansell McTaggart Horsham Ltd.
mandates that prospective purchaser(s) who have an offer accepted on one of our properties undergo identification verification.
To facilitate this, we utilise MoveButler, an online platform for identity verification.
The cost for each identification check is £35, including VAT charged by MoveButler at the point of onboarding, per individual (or company) listed as a purchaser in the memorandum of sale.
This fee is non-refundable, regardless of the circumstances.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Old Millmeads, Horsham, RH12
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