1-bedroom bungalow · CR3 5PH
For saleListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This unique, semi-detached bungalow, is in a tucked away position yet conveniently located for local shops and transport and is close to Westway Common.
The property benefits from a private, enclosed garden with patio area and lawns as well as gated and direct access from the rear.
The property has been recently refurbished with a newly fitted kitchen with a range of units with composite work surfaces over including a breakfast bar and integrated appliances including oven and hob.
There is a boiler for the heating and hot water and a roof light. The kitchen is open plan to the living area with window to the side and a door through to the bedroom area and the bathroom.
The bathroom has also been refitted with a modern white suite comprising low level WC wash hand basin and bath.
The bedroom is at the rear of the property and open onto and overlooks the rear garden with French doors leading out to the garden.
Previously, this room has been used as a living room with the other living area used as a bed/sitting room. Outside, there is a private garden with patio area adjoining the bungalow.
There is a level lawn and established shrubs and the garden is enclosed with panel fencing with gated side access. The property is offered with no onward chain and a lease of 997 years.
The property is situated in a tucked away position at Caterham on the Hill, close to Westway Common, local shops and a level walk to the bustling high street with its coffee shops, cafes, and pubs.
There is a good selection of local shops including a Tesco supermarket as well a traditional butchers, bakers, post office and book shop.
Leisure and fitness facilities can be found on the village and at the De Stafford sports centre whilst the area is surrounded by miles of open countryside including Coulsdon Common and the nearby Happy Valley, a short walk away.
More comprehensive facilities can be found in Caterham Valley and there are regular buses nearby to Caterham, Purley and beyond.
Trains to London are available from Whyteleafe South, Upper Warlingham and Caterham. The M25 is approx. 3 miles to the south.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 102B,, Chaldon Road, Surrey
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