1-bed unit + 2-bed unit · RH6 9JP
Sold STCListed 50 daysAuction 23 Sep · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Online Auction - 23rd of September 2026 .
An interesting freehold investment and development opportunity comprising an attached barn conversion currently arranged as two separate residential units, situated in the semi-rural village of Horne, Surrey.
Extending to approximately 114.6 sq m (1,233 sq ft) in total, the accommodation comprises The Stables, a one-bedroom unit with open-plan kitchen/living accommodation, and The Barn, a two-bedroom unit also providing open-plan kitchen/living space.
Both units benefit from off-street parking.
The property is in need of modernisation and offers an attractive opportunity for investors, developers and cash purchasers seeking a project within a sought-after semi-rural location.
The property is understood to be of timber-frame construction and has mains electricity and water, but no mains gas or mains drainage.
The title also extends to include part of a warehouse situated on the adjoining Nordec Heating Limited site. Prospective purchasers should refer to the title plan and legal pack for full details.
Situated on Smallfield Road in Horne, the property enjoys a peaceful countryside setting while remaining well connected.
Smallfield provides local shops and amenities, with Horley approximately a 10-minute drive away.
Horley Railway Station is approximately 3.1 miles away, providing regular services towards London and the South Coast, while Gatwick Airport and the M23 are also within convenient reach.
The title plan is included within the auction pack, but we would recommend that any interested buyers also review the Land Registry Mapsearch also included in the pack as well as to undertake their own enquiries and investigations in relation to the property plan and boundaries" Tenure Freehold Terms Legal Pack To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk UNCONDITIONAL LOT Exchange and administration fee information: (plus fees) Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1500 + VAT and contracts are exchanged.
The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot.
The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details).
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.
Registration Process To register to bid on the property, find the property on the Town & Country Property Auctions website. Click onto the property, follow the link to “Log in/ register to bid”.
You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group.
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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
FAQ
About The Barn and Stable, Sevenacres Smallfield Road, Horne, West Sussex, RH6 9JP
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