1-bedroom flat · CR3 5PE
Listing removedListed 406 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price of £250,000 - £265,000. The communal entrance features a video entry system and a well-maintained staircase leading to the second floor.
A private front door opens into a hallway finished with engineered oak flooring, with a generous storage cupboard housing the boiler, consumer unit and providing access to the loft.
The double bedroom enjoys natural light from both a window and Velux, while the bathroom includes a white suite with a panel-enclosed bath, overhead shower, pedestal basin, low-level WC and part-tiled walls.
At the rear, the open-plan living space offers room to relax or entertain, with a balcony and glass balustrade.
The adjoining kitchen is sleek and well appointed, with high-gloss units, quartz worktops, Bosch oven and hob, slimline dishwasher and washing machine.
All windows are fitted with privacy glazing, providing natural light while maintaining seclusion.
Outside: The development is accessed via secure electric gates, with one allocated parking space for the flat.
The second-floor position gives an elevated outlook, and the private balcony offers space for a small table and chairs, ideal for morning coffee or an evening drink.
Situation: Located in Caterham on the Hill, this well-connected setting is close to local shops, cafés and everyday amenities, with Tesco, Church Walk and a number of independent stores nearby.
Coffee & Creams, positioned just by the entrance to the development, is a local favourite and ideal for a relaxed stop.
Surrounded by open countryside and close to the Surrey Hills, the area also offers plenty of green space.
Caterham station is just 0.8 miles away with regular services into London, while the M25 and Gatwick are both easily accessible.
Leasehold: 115 years remaining Ground rent: £200 p/a Service Charges: £959 per half year Local Authority: Tandridge District Council Council Tax band: B
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 Flat Flat 12, Pinewood House, Chaldon Road, Caterham
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