Church Road, Horley, Surrey, RH6
WH

Church Road, Horley, Surrey, RH6

By White & Sons

£ 875,000

Reviews

2 out of 5 stars

White & Sons says ..

DEVELOPMENT SITE IN ONE OF HORLEY'S HIGHLY REGARDED ROADS. Planning for 6 X 2 bedroom apartments with parking.

Property Oracle says ..

This property is a development site located on Church Road in Horley, Surrey, listed at £875,000. The site has planning permission for the construction of six two-bedroom apartments with parking. The location is advantageous, being close to Horley train station, Gatwick Airport, and several well-regarded schools. The development plans suggest a potential for reasonable profit, but this remains dependent on various market factors including construction costs and potential sales prices of the completed units. The absence of square footage for the plot prevents a definitive assessment of land value. The lack of any existing structure means there’s no existing property to evaluate condition. A thorough financial appraisal of the development project, considering local market rates and construction costs, is essential before concluding on the overall financial viability. Overall, the property presents a development opportunity with a desirable location but would necessitate further investigation before purchasing. Prospective buyers should obtain professional advice on the financial projections before committing to the purchase.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
1
Location
7
Land
3
Bedrooms
0
Bathrooms
0
Sqft (est)
1,076.26

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
401,643.00 £
Decreased by 13.23 %
from 462,859.00 £
Est sale value
512,299.76 £
Increased by 40.83 %
from 363,775.88 £
Average area rental value
1,377.00 £/mo
Decreased by 6.96 %
from 1,480.00 £/mo
Est letting value
1,076.26 £/mo
Unchanged by 0.00 %
from 1,076.26 £/mo
Est rental Yield
4.11 %
Increased by 7.03 %
from 3.84 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • White & Sons created the listing.

Nearby Schools

NameTypeOfstedDistance
Manorfield Primary And Nursery SchoolCommunity SchoolGood0.42 KM
Horley Infant SchoolCommunity SchoolGood0.97 KM
Yattendon SchoolFoundation SchoolGood1.10 KM
Horley Community Sure Start Children'S CentreChildren's Centre1.33 KM
Meath Green Infant SchoolCommunity SchoolOutstanding1.37 KM

Images

Front Elevation Picture No. 05 Picture No. 06 Rear Elevation Site Plan

Nearby Streets

NameAverage PriceAverage SqftDistance
Church View Close £ 691,83300.00 KM
Delta Bungalows £ 000.00 KM
London Road £ 000.00 KM
The Drive £ 475,00000.00 KM
Elm Tree Close £ 331,66700.00 KM

Nearby Transport

NameNLCTLCDistance
Horley5365HOR1.21 KM
Gatwick Airport5416GTW2.00 KM
Salfords (Surrey)5380SAF3.58 KM
Three Bridges5491TBD6.12 KM
Earlswood (Surrey)5414ELD6.28 KM

Nearby Listings

AddressPriceTypeScoreDistance
Church Road, Horley, Surrey, RH6 £ 875,000BUY4 / 100.00 KM
Church Road, Horley, Surrey, RH6 £ 260,000BUY5 / 100.01 KM
Church Road, Horley, Surrey, RH6 £ 400,000BUY6 / 100.01 KM
Church Road, Horley, Surrey, RH6 £ 225,000BUY6 / 100.01 KM
Church Road, Horley, Surrey, RH6 £ 270,000BUY7 / 100.09 KM

Nearby Properties

AddressPriceDistance
7 The Avenue £ 475,0000.05 KM
56 Church Road £ 290,0000.08 KM
54 Church Road £ 168,0000.08 KM
60 Church Road £ 229,6500.08 KM
24 Sangers Drive £ 267,0000.14 KM