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See how verdicts work1-bedroom flat · CR3 6JA
Sold STCListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated at the front of this popular retirement complex with direct access to the gardens, this ground floor one bedroom apartment is ideally suited for those wanting a degree of independence with the peace of mind that comes with retirement living.
The property features a front aspect lounge with French doors to the patio and front gardens. There is a fitted kitchen with space for a washing machine if required.
The double bedroom benefits from built in wardrobes and there is a modern bath room with walk in bath for ease of access. Within the hallway there are useful storage cupboards.
The property benefits from central heating as well as a long lease in excess of 280 years and service charges of £4522 with ground rent of £203.90. Council tax band D £2170.
Within Dene Court are a number of resident's facilities including well cared for grounds, a lounge and conservatory. There is also parking, a laundry if required and a house manager.
Each of the properties are linked via the Careline system for peace of mind. The property is offered with no onward chain.
Dene Court is situated within a few hundred yards of the bustling town centre with its railway station and bus links to Croydon, London and beyond.
Caterham offers a range of shops including a Morrisons and a Waitrose and the Church Walk Shopping Arcade with its mixture of shops as well as a selection of restaurants, coffee shops and pubs etc.
There is a doctors in nearby Eothen Close and a library across the road. Other facilities in the area include the Miller centre theatre, the Westway day centre and bowling at Queens park.
The area generally is surrounded by miles of open countryside on the North Downs and the M25 is accessible at J6 Godstone.
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
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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 Dene Court, Stafford Road, Caterham, CR3
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