2-bedroom flat · RH6 7GW
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bright and modern two-bedroom apartment now available in Horley, through Shared Ownership. The property features an entrance hallway, open-plan living room and kitchen, two bedrooms and one bathroom.
The property offers residents a private balcony and allocated parking. Available for £117,000 for 45% share based on the marketing figure of £260,000.
Monthly rent - £465.6 Monthly Service Charge - £234.57 Total Monthly Charge - £700.17 plus mortgage required for 45% share.
On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge.
Where charges are not billed monthly, purchasers will be informed before proceeding.
An annual rent increase takes place every April Location Located within a modern residential development of similar properties within Horley town centre.
A 5-minute walk to Horley Train Station with links to London, Gatwick, and the will be fantastic for work or just leisure, whilst Horley town centre with bus links and its plethora of shops, restaurants, and amenities is also on the doorstep.
Good schools are also close by. With M23 and M25 motorways readily accessible.
EPC rating Energy rating band - C Environmental impact band - C Other information How we allocate Shared Ownership homes We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria.
Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority.
All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by SO Resi and MTVH You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.
If the home is managed by another provider Visit their website to find their allocation policy. Contact us if you have any questions.
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home.
We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
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 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
Agent & docs
FAQ
About Russell Square, Horley, Surrey, RH6
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