2-bedroom flat · RH6 9BQ
For saleListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very generously proportioned 2 double bedroom flat, offered to the market with no chain and a newly extended lease upon completion spanning (125 years).
The property is within a stones throw of Horley town centre, train station, shops and amenities. On approach to the property, you have a secure telecom system allowing entry to the block.
The flat itself is located on the first floor accessed by a communal staircase. Entering the property, you are greeted by a spacious entrance hall leading to all rooms and multiple storage cupboards.
Both bedrooms are very generously sized. Each can house a double bed and furniture and overlook the front and rear respectively.
The living/dining room is also of great proportions, easily housing multiple sofas, dining table and any other desired freestanding furniture.
The room also benefits from a large window to front allowing in lots of natural light. The kitchen houses a host of wall and base units, appliances and ample work space.
Completing the inside, is the bathroom, which houses all expected sanitaryware. Outside, the block offers well maintained communal grounds and 1 allocated parking space for the property.
Lease Details Length of Lease: 125 years remaining (2026) Annual Service Charge – £1,800 Service Charge Review Period – January Lease details have been provided by the Vendor.
This information should be confirmed by your solicitor.
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.
Disclaimer Consumer Protection from Unfair Trading Regulations 2008.
We have not tested any apparatus, equipment, fixtures, fittings or services and so cannot verify that they are in working order or fit for purpose.
You are advised to obtain verification from your solicitor or surveyor. References to the tenure of a property are based on information supplied by the seller.
We have not had sight of the title documents and a buyer is advised to obtain verification from their solicitor.
Items shown in photographs are not included unless specifically mentioned within the sales particulars, but may be available by separate negotiation.
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 advisors 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
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FAQ
About 3 Cherry Lodge Aurum Close, Horley
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