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See how verdicts work2-bedroom terraced house · RH6 9AA
Listing removedListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £375,000 - £400,000.
Mayhew Estates are delighted to offer for sale this charming character property, believed to have been built circa 1875, offering deceptively spacious and versatile accommodation.
Ideally located within easy walking distance of Horley mainline railway station (approximately 0.3 miles) and Horley High Street (approximately 0.2 miles), the property combines period charm with everyday convenience.
The accommodation has been thoughtfully improved and extended over the years and must be viewed to fully appreciate its size, layout, and excellent location.
The current owners, since purchasing the property in 2019, have carried out extensive improvements including a full rewire, installation of a new boiler, new ceilings, a new kitchen, and neutral redecoration throughout, creating a beautifully presented home ready for immediate occupation.
On the ground floor, there is a useful entrance lobby providing space for coats and shoes, leading through to the impressive 24ft lounge.
Adjoining the lounge is a beautifully refitted 19ft kitchen/breakfast room, featuring sleek modern units, contemporary worktops, space for a breakfast table and chairs, and a door providing direct access to the outside.
Sliding doors from the kitchen lead to a practical lean-to, with further doors opening onto the rear garden, creating a flexible additional living or storage space.
The lean to area currenlty has planning permission to be made in to a downstairs wc, details of which can be seen on Reigate and Banstead Council's planning portal under reference 23/02434/hhold To the first floor are two well-proportioned double bedrooms, both benefiting from built-in wardrobes, complemented by a particularly generous and well-appointed family bathroom.
Externally, the property offers off-road parking for two vehicles to the front.
The rear garden is a particular highlight and has been thoughtfully designed to include a paved patio with raised fish pond, an area of artificial lawn, and a further patio area to the rear, providing ideal spaces for relaxation and entertaining.
Lounge (7.44m x 3.56m) Kitchen (5.92m x 2.24m) Bedroom One (4.27m x 2.74m) Bedroom Two 3.05m" x 2.74m" Bathroom (2.7m x 2.2m)
Value & comps
No previous sales on record.
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Returns
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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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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 36, Balcombe Road, Surrey
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