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See how verdicts work2-bedroom flat · RH6 9EL
Listing removedReduced £15k (−6.4%) on 8 SepListed 145 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the ever popular Meadowcroft Close, is this well presented first floor maisonette, offered to the market with no forward chain.
With a bright and airy feeling throughout and a great opportunity for a buyer to get on the property ladder. The property will also benefit from a new lease on completion.
Waking through the front door the stairs lead up to the first floor and a spacious landing, with private loft access and hallway storage.
The lounge/diner is set to the front with a spacious lounge area with a bay window and a well sized dinning area.
The dual aspect kitchen has a range of high white gloss wall and base units, integrated appliances and tiled splash backs.
The property also has the bonus of two double bedrooms, each with different aspects. The family bathroom has a white suite part tiled walls and frosted window to rear.
Outside there is a a small private garden, which requires a degree of updating. The property is with in walking distance of public transport as well as Gatwick South terminal and Horley town center.
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
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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
Agent & docs
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FAQ
About 7, Meadowcroft Close, Horley
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