West Chiltington Lane, Coneyhurst
South East
£700,000
Listed on 07/10/2026
Listed on 07/10/2026
The listing
Property details
Bedrooms
5Type
Equestrian FacilityArea
3918 sqftDescription
A rural development site in Coneyhurst extending to approximately 12 acres, with an option to acquire just over 14 acres by negotiation. Full planning permission has been granted under reference DC/20/2567 to replace an existing agricultural building with a detached dwelling of approximately 364 sq.m. (3,918 sq.ft.). The approved scheme provides for a substantial five-bedroom home, with further details and conditions available from the selling agent and Horsham District Council.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
59out of 100
Grade DWeak opportunity
Confidence: LOW
At £700,000, the asking price is exceptionally low against the stated local £/sq ft benchmark, making acquisition value the standout strength. This is a development project rather than a home to renovate: the site has open pasture, existing agricultural buildings and drawings for a proposed 3,918 sq ft dwelling, with planning consent stated for replacing the agricultural building. Verify the permission, conditions and implementation status before proceeding; the approved scheme offers scope to create a substantial bespoke country home, while the wider land and barns add potential for other uses subject to consent.
The overall score is weak because this is a heavy, unbuilt project and there is no renovation estimate or listing GDV to assess the economics. The existing barn has weathered roof covering and open-sided sections, and the images do not show a completed residential dwelling. Budget and programme will need to be developed around the approved scheme and the site works.
Key opportunities
- Create a bespoke 3,918 sq ft country home around the approved replacement-dwelling scheme.
- Shape the open pasture and site layout to suit the eventual home and rural setting.
- Explore equestrian or other uses for the land and existing barns, subject to the necessary consents.
Key risks
- Delivering a new 3,918 sq ft dwelling on a rural site is a major build programme, not a cosmetic refresh; establish a full project budget and timeline.
- The existing agricultural barn has weathered roof covering and open-sided sections.
- Verify the planning permission, conditions and implementation status before relying on the approved scheme.
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Finance
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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.
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