We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · CR3 6AZ
For saleListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Apartment 33 is a top floor apartment within the highly regarded Bourne Court retirement development, conveniently located just a short walk from Caterham town centre and railway station.
Offering comfortable and independent living in a secure and well-managed environment.The accommodation includes a generous 24ft lounge/dining room, a fitted kitchen with integrated appliances, two double bedrooms with built-in wardrobes and a modern refitted shower room.
A spacious entrance hall with excellent storage completes the layout.Bourne Court benefits from lift access to all floors, residents' parking, a communal lounge, laundry facilities and an on-site house manager.
Emergency Careline pull cords are installed throughout the apartment for added peace of mind.
The property is offered with a lease of over 90 years.Ideally situated close to Caterham's excellent range of shops, supermarkets, cafés, restaurants and transport links, this is an excellent opportunity to enjoy retirement living in a convenient and attractive location surrounded by beautiful Surrey countryside.
Tenure: LeaseholdLease Length: 125years from June 1994 approximately 93 years remaining Current charges are:Service charge: Approx £5500 per year Ground rent : Approx £600 per year Local Authority: Tandridge District council
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Croydon Road, Caterham
Explore nearby
