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Gorse Bank Close, Storrington, RH20

South East

£650,000

Listed on 17/04/2026

Property details

Bedrooms
4
Type
Detached
Area
1690 sqft

Description

This detached chalet bungalow has been held by the same family since its construction in 1969, and it's now available for the first time on the market. With its four to five bedrooms and generous living spaces, this home offers significant potential for renovation and expansion, provided that necessary planning permissions are obtained. The entrance hall is spacious with a large understair storage area, leading into a sizable kitchen equipped with a utility room and ample dining space. The open plan living/dining area features a central fireplace, creating a cozy yet inviting atmosphere perfect for both relaxation and entertaining. A flexible ground floor layout allows for a fifth bedroom, which could also be utilized as an office or snug, catering to diverse family needs. The upstairs landing guides you to well-sized bedrooms that include plenty of integrated storage solutions. The principal bedroom benefits from an en-suite shower room. Oil central heating ensures comfort during colder months. The exterior offers a wrap-around garden with a patio, surrounded by mature trees and hedges for privacy, along with ample parking on the driveway leading to a double garage. Located in a desirable area close to local amenities and countryside walks, this property stands as an excellent opportunity for those looking to create their own bespoke family home while enhancing its value through thoughtful renovations.

Investment analysis

(RH20 area)

Below Market Value

This property is priced -6.8% below area average per sq ft

-6.8%
Potential saving
This Property
£385/sq ft
Area Average
£413/sq ft
Avg Rent (weekly)
£321
Avg Yield
2.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£767,395
10% above area average per sq ft
Potential ROI
+5.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (RH20)

Area prices are falling by -6.8% over the last 12 months
3 year growth: -3.6%
5 year growth: -4.0%
Investment Disclaimer: Analysis based on RH20 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Gorse Bank Close, Storrington, RH20
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,456
Based on a loan of £487,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

Price History

-3.7% since listed
£650,000£25,000(-3.7%)
08/10/2025
Current price
£675,000Initial listing
04/10/2025

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