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Water View, Horley

South East

£650,000
Listed on 01/11/2025

Property Details

Bedrooms
4
Type
Detached house

Description

Nestled in a quiet cul-de-sac, this four-bedroom detached home presents a unique opportunity for those looking to invest in a property with significant renovation potential. The setting is characterized by lush greenery and a picturesque central pond, offering a serene atmosphere while still being conveniently close to local amenities and transportation options. The exterior of the home features an appealing façade, complete with a private driveway and an integral garage. Inside, the layout includes a welcoming entrance hall that leads to spacious living areas. The ground floor is designed for functionality, featuring a modern downstairs WC and an additional study that can serve as a home office or flexible family space. On the upper level, you'll find four well-sized bedrooms, with the master bedroom benefiting from an en-suite bathroom. A stylish family bathroom serves the other bedrooms, making this home suitable for both families and professionals alike. The ample rear garden is an attractive feature, providing plenty of room for outdoor activities or relaxation. Importantly, there’s considerable scope for expansion; potential buyers may explore options to extend the property to the rear and side (subject to planning permission), allowing for tailored renovations that could significantly increase value. This property not only offers comfortable living but also serves as a canvas for your personal touch—whether you envision modern updates or larger structural changes. With its desirable location and inherent flexibility, this home stands out as an excellent investment opportunity in today’s market.

Investment Analysis

(RH6 area)
Area Average
£437/sq ft
Avg Rent (weekly)
£359
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
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

Water View, Horley
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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
£2,381
Based on a loan of £487,500 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.

Next Steps

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