2-bedroom flat · RH6 7PX
For saleReduced £10k (−3.6%) on 17 OctListed 612 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This larger then average top floor apartment is purpose built and located within a short walk of Horley town centre.
The apartment is offered to the market with no forward chain and benfeits from a long lease.
The accommodation includes a spacious entrance hall with storage cupboards, which leads through to a generous lounge/diner with wood effect flooring and a large floor to ceiling window flooding the room with natural light.
In addition, there is a sizeable kitchen/breakfast room featuring matching wall and base units, space for a number of appliances, table and chairs.
The property benefits from having two double bedrooms, with the master having a range of fitted wardrobes. The bathroom has a white suite and includes an airing cupboard and separate w/c.
There is also the added bonus of a private loft for additional storage. Outside to the rear there is a garage en bloc, residents parking on a first come basis and communal gardens.
This property is in the heart of the thriving town of Horley, which offers residents an excellent mix of local amenities. The town offers excellent transport links.
Gatwick is only 10 minutes away and Horley mainline railway station provides services to London and the south coast.
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
FAQ
About 5 Elizabeth Court, Victoria Road, Horley
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