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Park Terrace East, Horsham

South East

£440,000
Listed on 01/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
813 sqft

Description

This property boasts a prime location within walking distance of Horsham's vibrant town centre, which provides an array of dining options, shops, and recreational facilities. The area is well-connected, with easy access to local schools and the main line station offering direct services to London Victoria in around 55 minutes. The house is laid out over two floors with a separate entrance hall that leads into spacious living areas, including a sitting room featuring a distinctive fireplace and bay window, as well as a dining room with a log burner. The kitchen is modern and functional but could benefit from some updates to enhance its appeal. Upstairs, the generous landing provides access to three spacious bedrooms filled with period character, along with an expansive loft space that presents exciting possibilities for conversion (subject to planning permission). Outside, the professionally landscaped rear garden offers privacy and an attractive setting for outdoor activities. With its contemporary paved features and timber cladding, it sets a stylish tone while also presenting opportunities for further landscaping or personalization. This property represents not only a comfortable family home but also an investment opportunity for those looking to capitalize on location and potential future enhancements.

Investment Analysis

(RH13 area)

Above Market Value

This property is priced +21.6% above area average per sq ft

+21.6%
This Property
£541/sq ft
Area Average
£445/sq ft
Avg Rent (weekly)
£363
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£397,874
10% above area average per sq ft
Potential ROI
-18.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RH13)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -0.6%
5 year growth: 5.3%
Investment Disclaimer: Analysis based on RH13 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 Terrace East, Horsham
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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
£1,612
Based on a loan of £330,000 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