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See how verdicts work2-bedroom bungalow · RH6 9DA
Sold STCReduced £25k (−5.3%) on 13 OctListed 55 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on the ever popular Langshott development in Horley, is this well proportioned detached bungalow with a degree of updating required and no forward chain offered, it would make the perfect purchase for a buyer looking to put their own stamp on their next home.
The spacious kitchen is situated off to the left hand side walking through the front door and has matching wall and base units, space for white goods and a door accessing the side, leading around to the rear garden as well as the front.
The lounge/Diner is located to the rear and has sliding patio doors access the garden.
There is the added bonus of the property having two double bedrooms, with the main have a fitted wardrobe and en suite shower room The family bathroom has a white suite, part tiled walls and built in airing cupboard.
Outside to the rear there is an enclosed garden with side access and door leading to the detached garage. The garden is mainly laid to lawn, with paved seating area.
Set to the side of the property and front is ample off road parking for a number of vehicles. There is also future potential to extend the property, subject to the appropriate planning permission.
Langshott is popular with all age groups and is within walking distance of Horley town centre and it's collection of shops and restaurants as well as main line train station.
Also there are a number of popular local schools on the door step, as well as 24 hour public transport.
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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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
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FAQ
About 44, Wheatfield Way, Horley
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