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 house · RH13 9SR
Listing removedListed 214 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Location The property is conveniently positioned within a popular residential road, that is within a short walk of the Southwater village centre, featuring a good range of local shopping facilities, including a large Co-Op and a range of take away restaurants.
In addition there are two pubs -The Lintot & The Tipsy Fox, a Doctor's Surgery and a number of other shops.
The popular Southwater Country Park with an attractive Lake, offering water sports, fishing and extensive pathways, a café & visitor centre and a Dinosaur adventure play park is also a short walk from the house.
The property is also positioned within close proximity of Southwater Infants and Junior Academy schools, in addition to The Ghyll a sports and leisure facility and The Downs link a repurposed rail line running between Guildford & Shoreham.
Horsham's thriving town centre, with its wide selection of shopping facilities, an Everyman Cinema, The Capitol Theatre and Horsham main line station is a short drive or bus ride from Southwater too.
Property The property is a freehold terraced house and offers well-proportioned accommodation, arranged across two floors, the property has been modernised throughout and is ready to move straight into.
The ground floor features a spacious living room, with ample space for sofas and other furniture with large patio doors leading out into the back garden.
To the front of the house is the kitchen/dining room that has a good range of floor and wall mounted units, work surfaces and space for a dining table.
On the first floor the main bedroom is set at the back of the house, with fitted wardrobes. The second bedroom overlooks the front garden space and is a good size for a home office or single bed.
In addition, there is a recently modernised walk in shower room.
Garden To the front of the house there is a small front garden that has been landscaped by the current owner with a walkway to the front door.
To the rear there is an enclosed area of garden, enclosed by fencing with gated rear access, that offers a paved patio, that leads to an area of AstroTurf grass making for a low maintenance garden, with a timber storage shed and allocated parking space directly behind the house that can be found following out of the back gate.
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 96 Timber Mill, Horsham
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