3-bedroom property · RH6 9JP
For saleListed 1 dayAuction 11 Nov · in 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Vacant Detached Barn Currently Arranged to Provide Two Residential Units (1 x One Bedroom, 1 x Two Bedroom) in Need of Refurbishment.
Offered With Planning Permission to Demolish the Existing Dwellings and Erect Two New Detached Dwellings
The property comprises a detached barn arranged to provide two residential units (1 x one bedroom, 1 x two bedroom).
Tenure
Freehold
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Riverside Garden Park are within easy reach.
Transport links are provided by Gatwick Airport rail station and the M23.
Accommodation
The Stables
Ground Floor
Reception Room with Open-Plan Kitchen Bedroom Bathroom
The Barn
Ground Floor
Reception Room with Open-Plan Kitchen Two Bedrooms Bathroom
Exterior
The property benefits from off street parking.
Planning
Tandridge Borough Council granted the following planning permission (ref: 2024/20) on 13th March 2024 : 'Demolition of two existing semi-detached dwellings.
Erection of two new detached dwellings with private gardens'.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable.
Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 The Barn and The Stables Sevenacres, Smallfield Road, Horne, Horley, West Sussex, RH6 9JP
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