Summary - ST. GEORGES 8 AURUM CLOSE HORLEY RH6 9DN
1 bed 1 bath Apartment
Centrally located one‑bed flat ideal for cash investors or commuter buyers.
One bedroom, second‑floor apartment with communal garden views
About 0.5 miles from Horley train station and town centre
Recently modernised internally; separate kitchen and loft access
Off‑street parking included; built‑in wardrobe and hallway storage
Short lease (c.54–56 years) — likely prevents mortgage lending
Sold via Modern Method of Auction; cash buyers only and fees apply
Service charge c.£1,080–£1,560 pa and ground rent c.£748 pa
No onward chain but further kitchen modernisation may be needed
This one‑bedroom apartment in Aurum Close offers a recently refreshed interior and commuter convenience, located about 0.5 miles from Horley train station and town centre. The second‑floor flat benefits from a bright living room overlooking communal gardens, a separate kitchen, loft access, and off‑street parking — practical features for a buy‑to‑let or cash purchase.
Important leasing and sale terms materially affect value: the lease has only around 54–56 years remaining, which will make mortgage lending difficult or impossible for many buyers. The property is being sold via the Modern Method of Auction, for cash buyers only, with a non‑refundable reservation fee and buyer’s pack charges — factor these extra costs into any bid.
Service charge and ground rent are notable ongoing costs: expect an annual service charge (around £1,080–£1,560 reported) and a ground rent of about £748 per year. Despite recent internal updating, parts of the kitchen reflect older mid‑20th‑century fittings and may need further modernisation to achieve maximum rental or resale value.
This apartment suits a cash buyer or experienced investor who can absorb auction fees and leasehold constraints, or a buyer willing to consider lease extension costs before seeking mortgage finance. Its convenient location and low running footprint make it viable for a short‑term let or long‑term rental, provided the lease position is addressed.
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