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See how verdicts work2-bedroom maisonette · RH6 9EL
Listing removedListed 296 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This ground floor maisonette is ideally located in a quiet cul-de-sac within walking distance of the town centre and mainline station and is offered to the market with no onward chain.
The property offers generous accommodation on one level with 739 square feet of living space. It benefits from a long lease with 125 years remaining and is subject to a peppercorn ground rent.
There is no applicable service charge, and the property is ideally suited to first time buyers, who will be stamp duty exempt, but also attractive to potential investors and commuters due to its close proximity to the mainline train station and airport.
The accommodation consists of an entrance hall with storage provision, two double bedrooms, bathroom, kitchen and an inviting open plan lounge/diner with feature fireplace.
The kitchen features cream cabinetry, decorative splashback tiling, stand-alone appliances and provides direct access to the splendid rear garden.
Externally, the property benefits from front and rear gardens with off road parking and storm porch.
The block paved parking provision is an added bonus and there is scope to adapt the front garden to create an additional parking space if required.
There is side access to the rear garden, which is hard landscaped and includes a garden shed. Location is always key and it is no exception here.
The property is ideally located within walking distance of the bustling town of Horley, which offers residents an excellent mix of local amenities. The town has excellent transport links.
Gatwick is only 10 minutes away and Horley mainline railway station provides services to London and the south coast.
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 20, Meadowcroft Close, Horley
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