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See how verdicts work2-bedroom flat · RH6 7GZ
Under offerReduced £15k (−6.1%) on 26 OctListed 306 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £245,000 - £275,000. Mayhews are delighted to offer this modern Town Centre apartment to the market.
Sovereign Walk is just a short walk from our Town Centre office and Horley mainline train station. A gated entrance opens in to an attractive internal courtyard.
This apartment is in the front block through the door immediately to the left after entering through the gates.
Once inside the apartment a spacious entrance hall gives access to both double bedrooms, bathroom, lounge and two large storage cupboards. The kitchen is off the lounge.
The lounge has french doors leading to a balcony which overlooks the communal courtyard. The kitchen is fitted with a range of matching high and low level units with plenty of work surface space.
There are also built in appliances. The master bedroom has an en-suite shower room. Having two double bedrooms with an en-suite and a separate bathroom is a real bonus.
Outside: Communal gardens Lounge 3.86m x 4.27m Kitchen 3.5m x 1.78m Bedroom 1 4.2m2 x 2.87m Ensuite 2.13m x 1.17m Bedroom 2 3.12m x 3.23m Bathroom 2.13m x 1.9m
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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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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 Sovereign Walk, Victoria Road, Horley, RH6
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