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Gorse Bank Close, Storrington RH20

South East

£650,000
Listed on 09/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
1690 sqft

Description

This four to five-bedroom detached chalet bungalow has been in the same family since its construction in 1969 and is now available for the first time. It offers a unique opportunity for buyers looking to customize a spacious family home with extensive potential for renovation and expansion, contingent on obtaining necessary planning approvals. The property features a welcoming entrance hall with generous storage options, leading into a large kitchen with an adjacent utility area, perfect for family dining. The open-plan living/dining room creates an inviting space for relaxation and social gatherings, with easy access to the outside patio area that enhances outdoor living during warmer seasons. The ground floor presents versatile options, including a possible fifth bedroom or study, suited for contemporary lifestyle demands. Upstairs, well-proportioned bedrooms provide ample space and storage solutions, including a principal bedroom with an en-suite shower room. The property utilizes oil central heating for efficient warmth during colder months. Externally, the wrap-around garden features mature trees and hedgerows, offering privacy and tranquility alongside a spacious driveway accommodating multiple vehicles and a double garage for added convenience. Located in Storrington, this home is ideally situated close to local amenities and schools while enjoying proximity to beautiful countryside walks. In essence, this property stands as a remarkable opportunity to transform into a bespoke family residence within an attractive community, providing both comfort and scope for enhancement.

Investment Analysis

(RH20 area)

Below Market Value

This property is priced -8.5% below area average per sq ft

-8.5%
Potential saving
This Property
£385/sq ft
Area Average
£420/sq ft
Avg Rent (weekly)
£308
Avg Yield
2.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£781,617
10% above area average per sq ft
Potential ROI
+7.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (RH20)

Area prices are falling by -4.5% over the last 12 months
3 year growth: -1.1%
5 year growth: -2.5%
Investment Disclaimer: Analysis based on RH20 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

Gorse Bank Close, Storrington RH20
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,319
Based on a loan of £487,500 over 30 years at 3.97% 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

Price History

-16.1% since listed
£650,000£50,000(-7.1%)
10/12/2025
Current price
£700,000£25,000(-3.4%)
18/08/2025
£725,000£50,000(-6.5%)
28/07/2025
£775,000Initial listing
02/07/2025

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