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Balcombe Road, Horley, RH6

South East

£550,000
Listed on 05/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1615 sqft

Description

This semi-detached three-bedroom residence, located on the fringes of Horley town centre, presents a promising opportunity for those looking to invest or renovate. The property features a spacious layout that includes a generous lounge and a separate dining room, making it suitable for both relaxation and family gatherings. A bonus loft space currently serves as an additional bedroom, enhancing versatility. The well-equipped kitchen offers ample storage options, while the bright conservatory provides a pleasant view of the sizable rear garden, which has considerable potential for extension subject to planning permissions. For convenience, there is also a downstairs WC and an upstairs family bathroom. The large driveway accommodates multiple vehicles, adding to the property's appeal. The location is noteworthy, situated just minutes away from Horley's vibrant town centre, where you'll find various shops, cafés, and essential amenities. Excellent transport links are easily accessible via Horley Station and the proximity to Gatwick Airport enhances connectivity for travel. Additionally, local schools and parks are within reach, promoting a family-friendly environment. This property not only offers comfortable living but also significant potential for renovation or expansion to suit personal preferences or increase value. Early viewing is encouraged to fully appreciate what this home has to offer.

Investment Analysis

(RH6 area)

Below Market Value

This property is priced -22.0% below area average per sq ft

-22.0%
Potential saving
This Property
£341/sq ft
Area Average
£437/sq ft
Avg Rent (weekly)
£359
Avg Yield
3.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£775,886
10% above area average per sq ft
Potential ROI
+36.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (RH6)

Area prices are stable by +1.4% over the last 12 months
3 year growth: -1.0%
5 year growth: 10.7%
Investment Disclaimer: Analysis based on RH6 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

Balcombe Road, Horley, RH6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,015
Based on a loan of £412,500 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE