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Smallfield Road, Horne, RH6

South East

£250,000
Listed on 09/04/2026

Property Details

Bedrooms
3
Type
Barn Conversion
Area
1233 sqft

Description

This property presents a unique investment opportunity, situated in the desirable Smallfield village. Originally designed as a single-family home, the three-bedroom property has been divided into two separate dwellings over time, offering potential for reconfiguration back to its original state (subject to planning permission). The entrance leads to a welcoming lobby with storage that could be optimized further. The main living area features an open-plan kitchen and lounge beneath vaulted ceilings, creating a spacious atmosphere. The kitchen includes essential fittings and offers adequate space for appliances. A multi-fuel log burner adds character while providing warmth. Each dwelling has well-proportioned bedrooms and functional shower rooms needing modernization. Although off-street parking is available, the property's utility setup requires attention, as it lacks gas and mains drainage and is of timber frame construction. This offers an exciting project for buyers seeking to add value through renovation and reconfiguration.

Investment Analysis

(RH6 area)

Below Market Value

This property is priced -53.6% below area average per sq ft

-53.6%
Potential saving
This Property
£203/sq ft
Area Average
£437/sq ft
Avg Rent (weekly)
£379
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£592,703
10% above area average per sq ft
Potential ROI
+91.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (RH6)

Area prices are falling by -3.4% over the last 12 months
3 year growth: -4.9%
5 year growth: +4.2%
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

Smallfield Road, Horne, RH6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£885
Based on a loan of £187,500 over 30 years at 3.91% 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

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