2-bedroom flat · RH6 7AB
For saleReduced £5k (−2.1%) on 25 AugListed 162 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £250,000 - £260,000 - Mansell McTaggart Horley are pleased to present this well-appointed two-bedroom apartment, ideally situated in Horley town centre, offering convenient access to local amenities and transport links.
On approach to the building, residents benefit from a secure telecom entry system, with well-maintained communal stairs and lift access.
Upon entering the apartment, you are welcomed by a generous hallway offering two useful storage cupboards and access to all rooms, creating a practical and inviting first impression.
To the rear of the property, the bright open-plan kitchen benefits from ample natural light and features a range of wall and base units with work surfaces, an integrated oven, extractor fan, and hob, along with space for a washing machine and fridge/freezer, making it both functional and well-equipped.
The adjoining living area provides comfortable space for a sofa, additional furnishings, and a small dining setup, ideal for both relaxing and entertaining.
The master bedroom is a spacious double, complete with room for freestanding wardrobes and direct access to a private en-suite, fitted with a WC, wash hand basin, and shower cubicle, enhancing convenience and privacy.
The second bedroom, also located at the rear, is well-proportioned and suitable for a double bed and additional storage, making it versatile for a range of needs.
A modern family bathroom serves the property, comprising a WC, wash basin, and a bath with shower, with glass screen, finished to a modern and contemporary standard.
Externally, the apartment benefits from an allocated parking space and is conveniently located within walking distance of the train station and a very short drive to Gatwick Airport, making it ideal for commuters and those seeking excellent transport connections.
Lease Details Length of Lease: 114 years remaining (2026) Annual Service Charge – £1,600 Service Charge Review Period – January Annual Ground Rent - £350 Lease details have been provided by the Vendor.
This information should be confirmed by your solicitor.
EPC Rating: C Location Located midway between London and Brighton, the town of Horley lies south of the twin towns of Reigate and Redhill and north of Gatwick Airport and Crawley.
The mainline station provides a regular train service to London and the South Coast.
There is easy access to the M23 and A23 and the town is also linked to Redhill, Gatwick and Crawley via the Fastway bus service.
A shopping centre, post office, library, variety of restaurants, leisure centre and recreation grounds can all be found within the local area.
Nursery, primary and secondary schools are located across the town.
Anti Money Laundering In accordance with the requirements of the Anti Money Laundering Act 2022, Mansell McTaggart Horley ltd mandates that prospective purchaser(s) who have an offer accepted on one of our properties undergo identification verification.
To facilitate this, we utilise MoveButler, an online platform for identity verification.
The cost for each identification check is £30, including VAT charged by MoveButler at the point of onboarding, per individual (or company) listed as a purchaser in the memorandum of sale.
This fee is non-refundable, regardless of the circumstances. Referral Fee We are pleased to offer our customers a range of additional services to help them with moving home.
None of these services are obligatory and you are free to use service providers of your choice.
Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services.
If you choose to use a service provider recommended by Mansell McTaggart, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.
Value & comps
No previous sales on record.
Returns
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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 4, 100 Victoria Road, Horley
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