2-bedroom flat · CR3 5FG
For saleListed 73 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern two bedroom second floor purpose built flat located within the sought after Hambledon Park, which is close to amenities and access to the North Downs Countryside.
The flat has a great size Living Room with a modern Fitted Kitchen and Two double Bedrooms. There is gas fired central heating and double glazed sealed windows throughout.
Outside there are two allocated parking bays within the Residents Parking area in front of the block. A convenient and peaceful location, no onward chain!
Directions From Caterham on the Hill High Street proceed along Court Road, at the junction turn left and then right at the mini roundabout into Coulsdon Road.
At the next mini roundabout turn left into Hambledon Park, at the junction turn left into St Lawrence Way and then second left into Bunce Drive, the access to the Residents Parking area in front of the block is first left.
Location The flat is located in a popular residential location within Hambledon Park.
The area has a good selection of local shops in nearby Coulsdon Road and Westway which includes a Tesco Supermarket at The Village.
A regular bus service can be accessed along the Coulsdon Road with services into Caterham, Caterham Valley, Coulsdon and Croydon.
The area also has a good selection of schools at infant and junior level including nursery schools.
Chaldon is within half a mile of the flat with picturesque greenbelt countryside, woodland and the Surrey National Golf Course. A modern style flat set within A peaceful and convenient location!
Communal Hallway A carpeted and well maintained Communal Hallway with a staircase to all floors. The block is accessed via an Entryphone system.
Entrance Hallway Coved ceiling, built in Cloaks Cupboard with an electric fuse box, built in Airing Cupboard with a 'Gledhill' hot water tank, radiator.
Living Room (15' 8'' x 11' 0'' (4.77m x 3.35m)) Two double glazed windows to the front aspect, coved ceiling, TV point and telephone point, central heating thermostat, double radiator and a single radiator.
Door to: Kitchen (10' 0'' x 6' 4'' (3.05m x 1.94m)) Double glazed window to the rear, range of modern wall and base units with matching worktops and tiled surrounds.
Built in neff electric oven with a four ring electric hob above. One and a half bowl stainless steel sink unit with a mixer tap and cupboards below.
Space and plumbing for a washing machine and space for a Fridge / Freezer. Wall mounted gas fired Potterton gas central heating boiler set within a wall cupboard.
Bedroom One (12' 3'' x 8' 9'' (3.73m x 2.66m)) Double glazed window to the front, coved ceiling, built in double wardrobe, radiator.
Bedroom Two (12' 3'' x 6' 6'' (3.74m x 1.99m)) Double glazed window to the front, coved ceiling and radiator. Bathroom (6' 8'' x 6' 3'' (2.04m x 1.91m)) Double glazed frosted window to the rear.
White modern suite with tiled surrounds comprising of a panelled bath with a mixer tap shower attachment, pedestal wash hand basin and a low flush WC.
There is a shaver point, extractor fan, radiator and wood effect flooring. Outside Residents Parking To the front of the block there is a large Resident Parking Area.
The flat has two allocated parking bays.
Leasehold Information & Council Tax Lease term: 125 years from 1/3/1997 maintenance/service charge : £1,200 pa paid in two instalments, plus Building Insurance - £173.85 pa (September 2026 to September 2027) ground rent: £140.00 pa.
The current Council Tax Band is 'D', via Tandridge Council. Their website address to fully confirm the Council Tax Band and amount payable is: 10/3/2026
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 19, Bunce Drive, Caterham
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