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Parsonage Road, Horsham

South East

£700,000

Listed on 17/07/2026

Property details

Bedrooms
3
Type
Detached
Area
1223 sqft

Description

This detached family residence presents an excellent opportunity for buyers looking to invest in a property with significant renovation and extension potential. Located in a sought-after area of Horsham, the home is set on a generous plot, offering ample space for enhancement (subject to necessary planning permissions). The welcoming entrance hall leads to two spacious reception rooms, featuring charming fireplaces that add character. A well-sized kitchen/breakfast room provides a functional space for family dining. Upstairs are three generously proportioned bedrooms, served by a shower room, all of which could be updated or reconfigured to suit modern living needs. Outside, the property boasts a large driveway accommodating several vehicles and features both a double garage and an additional store, perfect for storage or conversion opportunities. The expansive rear garden is an inviting area that could be transformed into a stunning outdoor retreat. With close proximity to good schools and transport links, this property is ideal for families seeking to create their dream home.

Investment analysis

(RH12 area)

Above Market Value

This property is priced +28.2% above area average per sq ft

+28.2%
This Property
£572/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£341
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£600,676
10% above area average per sq ft
Potential ROI
-19.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (RH12)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -2.9%
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

Parsonage Road, Horsham
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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
£2,645
Based on a loan of £525,000 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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