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See how verdicts work2-bedroom flat · RH6 7GW
For saleListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This impressive first floor apartment is ideally located in the town centre within walking distance of the local amenities.
The apartment is ideally suited for first time buyers but also attractive to potential investors and commuters due to its close proximity to the local mainline train station and international airport.
The apartment is in excellent decorative order and presented to a high standard, featuring double glazed windows, gas central heating, fitted storage off the hallway and a southwest facing private balcony.
The accommodation consists of an entrance hall, two generous double bedrooms, one of which features integrated wardrobes, and a stylish bathroom featuring a chrome towel rail, tiled flooring, floor to ceiling decorative tiling, shaver point, wall mounted mirror and white sanitary ware.
The apartment is completed by an inviting open plan living area with a contemporary kitchen featuring white gloss units, induction hob, integrated oven and fridge/freezer.
The lounge/diner opens out onto the private balcony via patio doors. Russell Square is an impressive development of luxury apartments completed by Rydon Homes in July 2015.
The apartments are notable for their generous size dimensions, including private amenity space.
The development benefits from a video door entry system, lift provision, central courtyard and each apartment comes with allocated parking.
Location is always key and it is no exception here as the residents are situated in the heart of the bustling town of Horley, which offers a great mix of local amenities and excellent transport links.
Remaining Lease Term: 88 years Annual Service Charge: £2,500.96
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
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FAQ
About Flat 10, Russell Square,, Russells Crescent, Horley
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