3-bedroom bungalow · RH6 9BS
Listing removedListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being Sold via Secure Sale online bidding. Terms & Conditions apply.
Starting Bid £395,000 Situated just off the highly sought-after Balcombe Road in Horley, this charming three-bedroom detached bungalow presents an exciting opportunity for those looking to create their ideal home.
Offering both privacy and convenience, the property benefits from easy access to local amenities, transport links, and the wonderful community atmosphere of the area.
The accommodation comprises a generous lounge, perfect for relaxing or entertaining, kitchen, a bathroom, and a separate WC.
Three well-proportioned bedrooms provide flexibility for families, home offices, or guest rooms.
Externally, the property enjoys a secluded garden, ideal for outdoor entertaining, gardening, or simply enjoying some quiet, private space.
A private driveway ensures off-street parking, and a detached garage provides additional storage or workshop space.
While the bungalow does require modernisation, this presents an excellent opportunity for buyers to put their own stamp on the property and create a truly personalised home.
With vacant possession, the property is ready for immediate occupation and offers potential for those looking to invest in a property with scope to enhance and improve.
Immediate ‘exchange of contracts’ available Being sold via ‘Secure Sale’ This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted.
Ultimately a transparent process which provides speed, security and certainty for all parties.
Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.
The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’.
The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’. These prices are subject to change.
EPC Rating: E Location Avenue Gardens is positioned in the Central & South area of Horley, just off the popular Balcombe Road, within easy reach of the town’s amenities and transport links.
The area is residential and characterised by a mix of detached and family homes with a generally suburban, owner‐occupied feel.
Horley’s town centre - with its shops, cafés, pubs and local services - is a short walk or drive away, and Horley railway station on the Brighton Main Line offers frequent services to London and the South Coast, making it popular with commuters.
Gatwick Airport is also nearby, adding excellent travel convenience.
The location benefits from several schools and nurseries within walking distance, including primary and secondary options, along with local green spaces and community facilities.
Overall, Avenue Gardens sits in a well‐connected and established residential neighbourhood that blends convenience with a quieter, family‐friendly environment. Parking - Driveway Parking - Garage
Value & comps
No previous sales on record.
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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 starting price
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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 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 Avenue Gardens, Horley
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