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Bonfire Hill, Horsham, RH13

South East

£850,000

Listed on 18/05/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1988 sqft

Description

Nestled in a tranquil setting on Bonfire Hill, this expansive bungalow, known as The Fords, offers an impressive layout and substantial outdoor space, making it ripe for renovation or investment. With nearly 2,000 sq ft to work with, the property's foundation is solid but presents opportunities for modernization and enhancement throughout. The primary living areas include a dual-aspect lounge and dining room characterized by original parquet flooring and a log burner, which could benefit from fresh decor and updates to transform these spaces into modern retreats. The classic country-style kitchen, complete with a separate utility area and workshop, provides ample potential for a contemporary redesign that could enhance functionality for culinary enthusiasts or home project lovers alike. The sleeping quarters are well-configured for privacy; however, updating the loft principal suite—featuring Velux windows and a dedicated dressing area—could significantly elevate its appeal. The ground-floor bedroom leading to the terrace and the contemporary wet room also offer scope for refreshing finishes. An exceptional highlight of this property is the self-contained annexe currently utilized as an Airbnb. This space can serve multi-generational living needs or provide ongoing rental income with proper updates to maximize its appeal. It features essential amenities like underfloor heating in the kitchen and modern fixtures in the shower room but would benefit from cosmetic enhancements. The generous grounds extend to approximately three-quarters of an acre, providing numerous outdoor 'rooms' ripe for landscaping or gardening projects. Plus, with an active planning application concerning adjacent land that may yield further development opportunities, investors should consider the long-term potential here. Located on the edge of Southwater village yet conveniently connected to local amenities and transport links, this property offers a unique opportunity to create a bespoke home while enjoying rural charm.

Investment Analysis

(RH13 area)

Below Market Value

This property is priced -4.4% below area average per sq ft

-4.4%
Potential saving
This Property
£428/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£338
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£978,046
10% above area average per sq ft
Potential ROI
+4.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (RH13)

Area prices are stable by +1.7% over the last 12 months
3 year growth: -0.3%
5 year growth: +4.1%
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

Bonfire Hill, Horsham, RH13
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£3,033
Based on a loan of £637,500 over 30 years at 3.97% 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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