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See how verdicts work2-bedroom flat · RH6 7GW
For saleReduced £4.5k (−3.5%) on 18 JulListed 177 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Shared Ownership 45%.
Situated within easy reach of Horley High Street and its excellent range of local amenities, this well-presented two double bedroom apartment, providing an ideal opportunity for first-time buyers to step onto the property ladder.
The property welcomes you with a spacious entrance hall, offering ample room for coats and shoes, along with two generous storage cupboards for added convenience.
The heart of the home is the bright and contemporary open plan living space, featuring a striking floor-to-ceiling window that floods the room with natural light and creates an inviting atmosphere.
The modern kitchen is thoughtfully designed with integrated appliances, stylish wooden worktops, and a versatile movable island, perfect for both everyday living and entertaining.
The living area also provides access to a private balcony, ideal for enjoying some outdoor space. Both bedrooms are well-proportioned doubles, with the main bedroom benefiting from built-in wardrobes.
Completing the property is an allocated off-road parking space.
Combining comfort, practicality, and a highly convenient location close to shops, cafes, and transport links, this apartment makes for a superb home.
Tenure is Leasehold | Rent Charge £495 per month | Service Charge £254 per month | 87 years remaining on the lease EPC Rating: B
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 Shared Ownership, Russells Crescent, Horley
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