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 work5-bedroom house · RH14 0RG
For saleListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An interesting detached former school, with scope for re-development, subject to the usual consents. Description An interesting, detached former school, set in a village location.
The property is in need of complete refurbishment and offers scope for redevelopment, subject to the usual consents.
Under permitted development rights, the total square footage would extend to approximately 6,000 square feet. The plot is of a generous size, including a garden and parking area.
There are some notable features within the existing structure, such as high, vaulted ceilings and the property has enormous potential to be converted to a substantial family house.
Permission was granted by Chichester District Council under Section 192 of the Town and Country Planning Act 1990 for the lawful development of the building along with permission to enlarge the property, creating a substantial dwelling.
Once finished, the property will include three bedrooms and a bathroom on the first floor, with two further bedrooms on the ground floor, as well as an entrance hall, vaulted dining hall/reception room, kitchen, study and a bathroom.
Further details, including plans, are available from the agents upon request. Location The property is located on the southern edge of the village of Loxwood.
This popular village has a thriving community, with its village school, hall, medical centre, church, pubs and Post Office/general store.
Loxwood supports a range of clubs, associations, community events and activities, including the annual Loxwood Beer Festival.
In addition to convenience shopping in the village, a wider selection is available at Cranleigh.
Here, there is a wide range of shopping, banks, restaurants, speciality shops and supermarkets including a Marks and Spencer.
A full range of shopping, leisure and cultural amenities is available at Horsham (12.5 miles east), and Guildford (13 miles north), where there are also main line train stations offering fast and frequent services into London, with journey times from about 35 minutes from Guildford, and Billingshurst train station just 6 miles away.
In addition to Loxwood Primary School, there is a wide selection of schools in the vicinity from nurseries to private secondary schools; including Loxwood Primary, The Weald Secondary School, Pennthorpe Preparatory School, Farlington Independent School and Cranleigh Preparatory and Senior School, St Christ’s Hospital, St Catherine’s at Bramley, and the Royal Grammar School in Guildford.
The surrounding area also benefits from a wide range of recreational opportunities include golf at a number of clubs in the area, such as Slinfold Golf and Country Club.
There are also sport and leisure centres at Billingshurst, Cranleigh, Horsham and Guildford, and country sports at a number of local venues.
Polo is available at Ewhurst and Cowdray Park, racing at Epsom and Goodwood and there is sailing at Chichester Harbour.
The surrounding countryside offers miles of riding, cycling and walking directly from the property. All distances and journey times are approximate. Acreage: 0.49 Acres
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Old School House,, Vicarage Hill, Billingshurst
Explore nearby