We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom house · RH6 8ED
Listing removedReduced £15k (−2.5%) on 20 JunListed 483 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented and vastly extended 4 bedroom detached family home, which has been lovingly upgraded over time being with the same owners since 1984 now available to the market.
The property is located on a corner plot in a quiet cul-de-sac within close proximity of Horley town centre, transport links, Gatwick Airport and amenities.
Upon approach to the property, you will notice the quiet location where the property is tucked away in the corner plot.
There is a sizable driveway with a gated side entrance exposing the garage and garden and a porch to front. Entering the porch, there is space for shoes and coats, with access to the hallway.
From here, there are doors to the downstairs shower room, kitchen and living/dining room. The downstairs shower room was added by the current owners, and is a modern finish with expected sanitaryware.
Here there is also the newly installed wall mounted boiler. Continuing to the kitchen, there is a range of wall and base units, granite tops and fitted/freestanding furniture.
There is also a small orangery to rear allowing in lots of natural light and a door to the garden.
The living/dining space is a superbly proportioned room, where is has benefitted from the sizable two storey rear extension.
The dining space allows room for an 8+ person table, and the living room ample of family furniture and doors to rear which allow in lots of natural light.
Upstairs, a spacious hallway gives access to all 4 bedrooms, there are 3 generous doubles and 1 large single/small double room.
Bedroom 1 benefits from a en-suite shower and all rooms come with fitted wardrobes. The bathroom is partially tiled with relevant sanitaryware. Outside to rear, is a generous garden.
Being on the corner plot, it extends to the rear and side of the property. It is mainly laid to lawn, with a patio abutting the property.
There is also a koi pond, multiple storage sheds and a large outbuilding which is perfect for an office or another useful space as it has power, lighting, wifi and an A/C unit.
Internal viewings are advised.
EPC Rating: C Location Located midway between London and Brighton, the town of Horley lies south of the twin towns of Reigate and Redhill and north of Gatwick Airport and Crawley.
The mainline station provides a regular train service to London and the South Coast.
There is easy access to the M23 and A23 and the town is also linked to Redhill, Gatwick and Crawley via the Fastway bus service.
A shopping centre, post office, library, variety of restaurants, leisure centre and recreation grounds can all be found within the local area.
Nursery, primary and secondary schools are located across the town.
Anti Money Laundering In accordance with the requirements of the Anti Money Laundering Act 2022, Mansell McTaggart Horley 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 £30, 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. Referral Fee We are pleased to offer our customers a range of additional services to help them with moving home.
None of these services are obligatory and you are free to use service providers of your choice.
Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services.
If you choose to use a service provider recommended by Mansell McTaggart, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.
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.
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FAQ
About 22 Ferndown, Horley
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