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The Coronet, Horley, RH6

South East

£475,000

Listed on 20/04/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1051 sqft

Description

This semi-detached 3-bedroom family home presents a remarkable chance for renovation and extension, located on a generous corner plot within a peaceful cul-de-sac off Balcombe Road. Its close proximity to Horley train station, the town centre, Gatwick Airport, and essential amenities enhances its appeal as an investment property with significant potential. Upon entering, you'll find a spacious hallway that leads to a bright open-plan living/dining area ideal for modern family living. The kitchen, while functional, requires updating and has potential for reconfiguration into an open-plan layout with access to the sizable garden, which is perfect for extensions (subject to planning permission). Upstairs, the home features three well-sized bedrooms and a family bathroom—one can consider incorporating the storage cupboard into the bathroom for added functionality. The outdoor space is truly exceptional for this style of home; a large lawn area surrounded by mature trees provides both privacy and ample scope for various landscaping or extension concepts. With side access also available, there's extensive opportunity to explore loft or side extensions to further enhance this property's value.

Investment analysis

(RH6 area)

Above Market Value

This property is priced +2.8% above area average per sq ft

+2.8%
This Property
£452/sq ft
Area Average
£440/sq ft
Avg Rent (weekly)
£341
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£508,395
10% above area average per sq ft
Potential ROI
-3.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (RH6)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -2.6%
5 year growth: +5.6%
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

The Coronet, Horley, RH6
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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
£1,794
Based on a loan of £356,250 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

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