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Cherry Tree Cottage, Wickhurst Lane, Broadbridge Heath, Horsham, West Sussex, RH12 3LU - Image 1
Cherry Tree Cottage, Wickhurst Lane, Broadbridge Heath, Horsham, West Sussex, RH12 3LU - Image 2
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Cherry Tree Cottage, Wickhurst Lane, Broadbridge Heath, Horsham, West Sussex, RH12 3LU

South East

£450,000

Listed on 19/06/2026

Property Details

Bedrooms
2
Type
Detached
Area
1109 sqft

Description

This Grade II listed, detached house presents a rare opportunity for those looking to invest in a property with substantial renovation potential. With an internal area of approximately 1,108 SQFT, the home features two bedrooms and three reception rooms, including a generously sized living room adorned with a charming period fireplace. The separate dining area and an additional reception provide ample space for reconfiguration or enhancement. Set within a wrap-around garden that includes a garage and several sheds, the property allows for outdoor developments or landscaping ideas. While it is currently in need of modernisation, its heritage status and character offer unique prospects for restoration and improvement. Located just over two miles from Horsham railway station, this property is ideally positioned for both residential living and investment. As such, it is particularly appealing to developers seeking to create something special in the well-regarded West Sussex area.

Investment Analysis

(RH12 area)

Below Market Value

This property is priced -9.2% below area average per sq ft

-9.2%
Potential saving
This Property
£406/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£343
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £55,000
Target Value
£545,173
10% above area average per sq ft
Potential ROI
+8.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (RH12)

Area prices are falling by -3.0% over the last 12 months
3 year growth: -3.5%
5 year growth: +1.0%
Investment Disclaimer: Analysis based on RH12 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

Cherry Tree Cottage, Wickhurst Lane, Broadbridge Heath, Horsham, West Sussex, RH12 3LU
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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
£1,700
Based on a loan of £337,500 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.

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