Cheyne Walk, Horley, Surrey, RH6
South East
£475,000
Listed on 13/11/2026
Listed on 13/11/2026
The listing
Property details
Bedrooms
3Type
BungalowArea
936 sqftFeatures
- Garage
- Garden
- Parking
Description
This three-bedroom detached bungalow in Horley offers a chance to update the accommodation to suit individual requirements. The layout includes a living room, kitchen/breakfast room, conservatory and three bedrooms, with scope to consider changes subject to the necessary permissions.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
42out of 100
Grade ELow opportunity
Confidence: MEDIUM
This detached bungalow has a clear medium-scale makeover in prospect: the living room, bedrooms, kitchen and bathroom all have dated finishes, giving a buyer scope to refresh the interiors and shape the home to their taste. The large established garden, attached garage, driveway and generally sound-looking exterior add to the appeal of the project.
The numbers are the main constraint. At £475,000, the asking price is around 16% above the local £/sqf average, and adding a substantial programme of works leaves the purchase economics stretched against local benchmarks for this floor area. That comparison is with current local values, not a forecast of what the property might be worth after renovation.
Key opportunities
- Refresh the dated finishes across the living room, bedrooms and kitchen to create a more cohesive, modern interior.
- The large established rear garden, patio and mature planting offer an appealing outdoor setting with room for a buyer’s own ideas.
- Detached living, an attached garage and off-road parking provide useful fundamentals for a renovation project.
Key risks
- At the current asking price, the purchase plus a substantial multi-room programme looks stretched against local benchmarks for this floor area.
- Headroom after works looks limited when the asking price sits alongside the indicated works scale — around 21% above what similar-sized stock commands locally today; we have not assumed a post-renovation resale figure.
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Transport
Nearest stations
Horley Rail Station
0.1 miles
Train · Horley
Gatwick North Terminal Shuttle Station
0.7 miles
Metro · Gatwick Airport
Gatwick South Terminal Shuttle Station
0.8 miles
Metro · Gatwick Airport
Gatwick Airport Rail Station
0.8 miles
Train · Gatwick Airport
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£1,941
Based on a loan of £356,250 over 30 years at 5.13% 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-9.5% since listed
£475,000£25,000(-5.0%)
12/11/2026£500,000£25,000(-4.8%)
13/08/2026£525,000Initial listing
08/06/2026Services
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