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Balcombe Gardens, Horley, Surrey, RH6

South East

£450,000

Listed on 25/06/2026

Property details

Bedrooms
2
Type
Bungalow
Area
1102 sqft

Description

Located in a sought-after area of Horley, this detached two-bedroom bungalow is an ideal candidate for those looking to undertake a renovation project. With no onward chain, the property presents a blank canvas, ready for modernisation to reflect personal style and preferences. The interior features a spacious living room, two ample double bedrooms, along with a kitchen, bathroom, and separate WC that all require refurbishment. Outside, the property boasts a detached garage and a sizable private garden, offering plenty of outdoor space for potential enhancements. Its prime location within walking distance to Horley town centre and the mainline railway station adds to its appeal, making it not only a promising home but also a strong investment opportunity in an area with access to quality schools.

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Investment analysis

(RH6 area)

Below Market Value

This property is priced -6.6% below area average per sq ft

-6.6%
Potential saving
This Property
£408/sq ft
Area Average
£437/sq ft
Avg Rent (weekly)
£362
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£529,913
10% above area average per sq ft
Potential ROI
-1.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (RH6)

Area prices are stable by -0.7% over the last 12 months
3 year growth: -1.9%
5 year growth: +6.3%
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

Balcombe Gardens, Horley, Surrey, 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
£1,700
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.

Stamp duty calculator

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