Mayhew Estates says ..

Property Oracle says ..

This studio apartment in Horley, Surrey, presents a mixed bag of pros and cons for potential buyers. Its location is a key advantage, with close proximity to Horley town centre and excellent transport links to Gatwick Airport and London. Several well-regarded schools are also within a reasonable distance. However, the property is in clear need of modernisation. The photos reveal significant wear and tear throughout the apartment, including damaged walls, dated fixtures and fittings, requiring a substantial investment in renovations before it becomes habitable. The lack of a private garden is a common feature of apartment living and should not come as a surprise. The property’s price falls within the stated price guide, though the required investment may make it appear slightly overpriced in comparison to similar properties in better condition. Potential buyers must carefully weigh the cost of renovations against the property’s location and potential rental income if used as an investment property. The property’s overall condition presents a significant factor in assessing its overall value.

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

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