3-bedroom bungalow · RH6 8HX
Listing removedListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For Sale by Conditional Auction - Located in a quite cul de sac location with further scope for extending and modernising throughout.
The property is located within catchment of some desirable schools and Horley town centre and railway line that has excellent links for commuters into London.
This three-bedroom detached bungalow is offered for sale via Andrews auction and presents an excellent opportunity for buyers looking to modernise and add value.
The property requires updating throughout but offers significant potential for extension, subject to the necessary planning permissions.
The accommodation currently comprises three bedrooms, including a front-facing main bedroom with ensuite.
The second bedroom benefits from direct access to a conservatory/garden room positioned to the side of the property.
The front lounge is generously sized and features a large bay window, allowing for an abundance of natural light. This flows through to a versatile dining room, previously used as a snug/music room.
The kitchen is well-proportioned and fitted with a range of base and wall units, along with built-in appliances. A useful utility area provides additional storage and access to the rear garden.
Externally, the property sits on a plot of approximately 0.17 acres, with a good-sized north-facing rear garden.
To the side, there is a detached double garage, while the front of the property offers off-road parking for up to four vehicles.
Method of Sale The property is to be sold by condition auction Finance your purchase Conditional auction allows an extended timescale which accommodates mortgage buyers.
If you require advice on how to finance a purchase through conditional auction, please contact us in branch.
Buyers Fees A non-refundable reservation fee of 4.20% of the purchase price inc VAT (subject to a minimum of £6,600 inc VAT) is payable, in addition to the purchase price, by the successful bidder to secure the purchase of the property.
Although paying a reservation fee may seem daunting it shows your commitment to the seller, and it also secures their commitment to you.
Bid Registration Register, make an offer and bid via the auctions section on the Andrews website. Pre-auction offers can be made at any time via the website.
The seller can choose to accept a pre-auction offer, which ends the auction immediately, should they so wish. The registration process, to offer and bid, is extremely simple and free.
Please visit the Andrews website and click on the auction tab at the top to get started.
Value & comps
No previous sales on record.
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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 4, Greenfields Close, Surrey
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