2-bedroom flat · CR3 6BB
To rentListed 30 days
Opportunity summary
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About
Property Reference: 3051386. 2 Bed Flat, Underwood Road, CR3 Viewings are available from Sunday, 4 October 2026. The flat will be available from 12 October 2026.
Two bedroom purpose-built ground floor apartment with patio, set in well-established communal grounds and gardens with residents' car park, situated in the highly sought after Harestone Valley area (Underwood Road).
Communal Front Entrance * Hallway * Spacious Lounge/Dining Room * Kitchen * Master Bedroom * Double Bedroom * Shower Room * Separate Cloakroom * Underfloor Heating * Communal Grounds and Gardens * Residents' Parking * Highly Sought After and Exclusive Location situation: Situated in the favoured Harestone Valley area just off Harestone Valley Road, which has a range of shopping facilities including two supermarkets, together with a health centre, library, restaurants, pubs and mainline station.
The area is served by a variety of sporting and recreational facilities, and the motorway network can be accessed via junction 6 of the M25 at Godstone.
Description: The property is approached via a communal front entrance with stairs leading to all floors and door to: Spacious Entrance Hall: UPVC double glazed window to side, doors to coat hanging/storage cupboards, door to airing cupboard with slatted shelving and electric heater.
Spacious Lounge/Dining Room: uPVC double glazed window to rear overlooking lawned communal grounds and gardens, and door leading to a large patio providing space for table and chairs; large leather corner sofa, underfloor heating, space for dining table and chairs.
Fully Fitted Kitchen: dishwasher, fridge, freezer, washing machine, etc.
Master Bedroom: uPVC double glazed window to rear overlooking lawned communal grounds and gardens; range of fitted bedroom furniture incorporating double wardrobe cupboard with hanging space and mirror-panelled doors, dressing table with storage cupboards and pull-out drawers, corner shelving, floor-to-ceiling fitted wardrobe cupboards with sliding mirror-panelled doors, hanging space and shelving; underfloor heating.
Bedroom 2: uPVC double glazed window to rear overlooking lawned communal grounds and gardens; floor-to-ceiling fitted wardrobe cupboards with hanging space and shelving; underfloor heating.
Shower Room: shaver point, corner walk-in shower, wall-mounted electric chrome heated towel rail, ceramic tiled flooring, door to airing cupboard housing hot and cold water tanks with slatted shelving.
Separate Cloakroom Summary & Exclusions: - Rent Amount: £1,400.00 per month (£323.08 per week) - Deposit / Bond: £1,400.00 - 2 Bedrooms - 1 Bathrooms - Property comes unfurnished - Available to move in from 05 October 2026 - Maximum number of tenants is 3 - No Students - No Smokers - Bills not included - Property has parking - Property has garden access - EPC Rating: D If calling, please quote reference: 3051386 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Underwood Road, Underwood Rd, Caterham
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