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Wheelers Lane, Smallfield, Horley, Surrey RH6 - Image 1
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Wheelers Lane, Smallfield, Horley, Surrey RH6

South East

£475,000
Listed on 14/04/2026

Property Details

Bedrooms
4
Type
Bungalow
Area
1635 sqft

Description

This four-bedroom detached chalet bungalow in Smallfield village offers a unique chance for those looking to invest in a property with considerable renovation potential. The home, while needing modernization across various areas, features a spacious entrance hall and ample living space, along with a main bedroom that includes an ensuite bathroom. A gated driveway ensures convenient off-street parking and leads to a detached garage. At the rear, the private garden backs onto serene woodland, creating an ideal environment for both relaxation and future landscaping endeavors. Located centrally within Smallfield village, this property represents a promising opportunity for buyers eager to transform it into their dream family residence while enjoying both convenience and privacy.

Investment Analysis

(RH6 area)

Below Market Value

This property is priced -33.5% below area average per sq ft

-33.5%
Potential saving
This Property
£291/sq ft
Area Average
£437/sq ft
Avg Rent (weekly)
£379
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£785,945
10% above area average per sq ft
Potential ROI
+39.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (RH6)

Area prices are falling by -3.4% over the last 12 months
3 year growth: -4.9%
5 year growth: +4.2%
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

Wheelers Lane, Smallfield, Horley, Surrey RH6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,682
Based on a loan of £356,250 over 30 years at 3.91% 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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