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 work2-bedroom house · RH6 9AX
Listing removedReduced £25k (−5.9%) on 20 JunListed 187 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £425,000 - £450,000 - Introducing this beautifully presented two double bedroom bungalow, ideally located in a highly sought-after residential area, just a short 10-minute walk from Horley train station and the town centre.
The property is offered to the market with no onward chain. Upon approach, the home boasts excellent kerb appeal, featuring a large brick-laid driveway, detached garage, and an attractive frontage.
Stepping inside, you are welcomed by a spacious entrance hallway, providing access to both bedrooms, the through lounge/dining room, and the family bathroom.
Both bedrooms are generously sized doubles, comfortably accommodating double beds, large wardrobes, and additional freestanding furniture.
The family bathroom is fitted with a white suite, comprising a bath with shower over, wash hand basin, WC, and heated towel rail, finished with fully tiled walls and floors, enhanced by underfloor tile warming.
The open-plan through lounge/dining room forms the heart of the home, offering a fantastic space for both relaxing and entertaining.
This impressive room easily accommodates multiple sofas, a coffee table, media unit, and additional furnishings, and is complemented by an electric fireplace.
Leading on from the lounge is the kitchen and a substantial conservatory.
The conservatory provides a versatile additional living space, ideal as a dining area or secondary sitting room, particularly enjoyable during the warmer months.
The kitchen is fitted with a range of wooden wall and base units, an integrated fridge/freezer, with freestanding dishwasher and washing machine under the worksurfaces.
The south-facing rear garden can be accessed from both the kitchen and conservatory and features a patio area alongside a lawn, thoughtfully divided by a low brick wall.
The garden also includes multiple storage sheds, one of which has power connected.
The detached garage is accessible from the garden, offering either secure parking or additional storage, along with side gate leading back to the driveway.
Further benefits include a recently installed boiler, which is hydrogen ready (January 2026), which remains under 5 year warranty, and fibre optic broadband.
EPC Rating: D 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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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.
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FAQ
About 22 Smallmead, Horley
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