1-bedroom flat · RH6 9HE
Sold STCListed 127 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Looking for a great priced one bedroom apartment that you can put your own mark on – this is it!
This fabulously central location is tucked away just a stone’s throw from Horley Town Centre and mainline railway station, it’s the perfect spot for those wanting to commute or make the most of the town’s vibrant restaurants & bars.
The apartment is top floor, measures over 570 sq foot, and would be a fantastic project for a first time buyer or even a rental investor.
It is already double glazed with modern UPVC windows, has electric heating and a practical layout.
The spacious entrance hall has two large built-in storage cupboards and a further airing cupboard housing the water tanks, so storage is never an issue in this property.
The kitchen is self-contained from the living space, has a window to the side with the kitchen units fitted in a U-shaped layout.
The 18ft lounge/diner makes a wonderful living space with a large window to the rear overlooking the communal gardens.
The double bedroom, which runs parallel, has a built-in wardrobe along with plenty of space for other furniture, and again overlooks the gardens.
Outside, the building is set within wraparound gardens that are mainly lawned with mature borders.
To the front are communal parking bays and a driveway which leads to the side of the building and onto the garage forecourt where this property’s garage is located.
The apartment is available with no onward chain, has a Share of Freehold and a long 994 year lease. Call Woodlands to view.
Room Dimensions: - Entrance Hall - Lounge/Diner - 5.66m x 3.48m (18'7 x 11'5) - Kitchen - 2.95m x 2.44m (9'8 x 8'0) - Bedroom - 5.16m x 2.67m (16'11 x 8'9) - Bathroom - 2.24m x 1.68m (7'4 x 5'6) - Electric Heating - Double Glazed Window - Communal Gardens - Garage En Block - Communal Parking To Front And Side - Share Of Freehold - Years Remaining On Lease: 994 - Ground Rent: N/A - Service Charges: £2,400 Per Annum (Paid Monthly) -
Value & comps
No previous sales on record.
Returns
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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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