3-bedroom terraced house · CR3 5QW
For saleListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This deceptively spacious family home is situated in a tucked away position on the outskirts of town.
The property is offered in excellent order and needs to be viewed to appreciate the quality and finish.
Approached from the front, there is a good sized entrance hall with stairs to the first floor as well as doors to the living room, kitchen, utility room and ground floor WC.
The living room is at the heart of the property with bi-fold doors to the rear overlooking and opening onto the gardens.
The kitchen has been refitted with a comprehensive range of units with work surfaces over and integrated appliances including a double oven and microwave, hob with hood over and dishwasher.
There is also a useful utility room housing the washing machine and boiler and with work surfaces and sink.
From the entrance hall stairs lead to the first floor landing with doors to the bedrooms and bathroom.
The largest bedroom is at the front and there are two further bedrooms at the rear that overlook the rear gardens.
The bathroom has been refitted by the current owners and comprises a modern white suite with bath, WC with concealed cistern and wash hand basin along with tiled floor and walls.
Outside, there is a small front garden with gravelled landscaped area.
The rear gardens comprise a patio area adjoining the rear of the house that leads onto a level lawn with gated access to the rear. Situated close to Coulsdon Common on the outskirts of Caterham.
Caterham on the Hill benefits from a doctors, vets and hospital as well as number of restaurants, takeaways and pubs within the local area.
There is a selection of local shops including a Tesco supermarket nearby whilst the bustling High Street offers a mix of smaller, independent shops including a butchers and bakers.
There are leisure and fitness facilities on the village and at the De Stafford sports centre and the Surrey National golf course is also within a mile.
Caterham on the Hill is surrounded by miles of open countryside including nearby Coulsdon Common with direct access along the road leading on to Happy Valley and beyond.
There is a selection of schools for children of all ages locally in the area.
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 Coulsdon South, Upper Warlingham and Caterham and the M25 is approx. 3 miles to the south.
Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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 Windmill Close, Caterham, Surrey, CR3
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