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Park Rise, Horsham, West Sussex. RH12 2AY

South East

£425,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
828 sqft

Description

This three-bedroom semi-detached bungalow is nestled in a desirable area of Horsham, presenting a unique opportunity for renovation and investment. The property is situated on a generous corner plot, offering ample space that could accommodate extensions or additional landscaping, subject to obtaining the necessary planning permissions. The layout includes an entrance hall, three bedrooms, a shower room, a lounge, and a kitchen—providing a solid foundation for modern updates. While the home requires some modernization to fully realize its potential, the existing features such as double-glazed windows and gas central heating offer functional livability as you plan your renovations. Externally, the property boasts an enclosed rear garden along with a detached garage and a driveway, enhancing its appeal for both homeowners and future tenants. Located on the sought-after west side of Horsham, this bungalow enjoys convenient access to the town center, local shops, schools, and various transport options. Its prime location further enhances its investment potential. An internal viewing is recommended to fully appreciate the possibilities this property holds.

Investment Analysis

(RH12 area)

Above Market Value

This property is priced +15.7% above area average per sq ft

+15.7%
This Property
£513/sq ft
Area Average
£443/sq ft
Avg Rent (weekly)
£344
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£403,894
10% above area average per sq ft
Potential ROI
-13.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (RH12)

Area prices are stable by +1.4% over the last 12 months
3 year growth: -0.7%
5 year growth: 4.0%
Investment Disclaimer: Analysis based on RH12 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

Park Rise, Horsham, West Sussex. RH12 2AY
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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
£1,557
Based on a loan of £318,750 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.

Next Steps

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