We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · RH12 2QW
Listing removedReduced £40k (−9.4%) on 20 OctListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Location This beautifully presented Semi Detached Bungalow is set at the end of a small cul de sac, in an ultra convenient location, just a short walk from Horsham town centre, park and station.
Horsham is a thriving historic market town with an excellent selection of national and independent retailers including a large John Lewis at Home and Waitrose store.
There are twice weekly award winning local markets in the Carfax in the centre of Horsham for you to stock up on local produce.
East Street, or 'Eat Street' as it is known locally, has a wide choice of restaurants ranging from independent eateries such as Monte Forte and larger chains, including Wagamama, Pizza Express and Cote.
You are spoilt for choice for leisure activities as there is a leisure centre with swimming pool close to Horsham Park whilst the nearby Capitol has a cinema and theatre.
Further afield, the stunning South Downs and coast are within easy reach.
For those needing to commute, Horsham Station has a direct line to Gatwick (17 minutes) and London Victoria (56 minutes) and there is easy access to the M23 leading to the M25.
The property is located within close proximity of a number of excellent schools, which includes Tanbridge, Trafalgar Infants and Greenway Junior.
Property The front door of this modern Home opens into a Hall, which has doors opening to the Living Room and the Kitchen, which is fitted with a stylish range of floor and wall mounted units, with a selection of integrated and freestanding appliances (current appliances are negotiable).
The Living Room is a great size with a large window flooding the room with natural light, making it the perfect space to relax with family or entertain.
Completing the accommodation is the modern Family Bathroom with a separate bath and shower cubicle, and Two generous Double Bedrooms, with the largest benefitting from built in storage.
Outside This attractive, and well presented Bungalow is set back from the road with driveway parking for a number of cars, leading to the 24ft Single Garage, which has a courtesy door opening into the Garden.
This has a paved patio, that is perfect for barbecues in Summer months, which leads on to an area of lawn that would be the ideal space for a keen gardener to enjoy.
Additional information Tenure: Freehold Council Tax Band: D agents notes We strongly advise any intending purchaser to verify the above with their legal representative prior to committing to a purchase.
The above information has been supplied to us by our clients/managing agents in good faith, but we have not necessarily had sight of any formal documentation relating to the above.
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 52, Collingwood Road, Horsham
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