2-bedroom house · CR3 6LJ
Listing removedReduced £25k (−6.3%) on 16 JulListed 342 days
Opportunity summary
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About
A turn of the century semi-detached cottage in the heart of Caterham Valley. Steps lead from the parking area to the front door opening into the entrance lobby.
A door then leads to a 18'6"x 11'2" Lounge Diner with sliding patio doors that overlook the side garden.
A door leads on to the galley kitchen with a range of wall and base units and space for white goods. Again we have a window to the side.
Beyond the kitchen is the bathroom with a white wash hand basin and bath with shower over. A separate door leads to a WC. Both the bathroom and WC have windows overlooking the gardens.
To the front of the house, we find bedroom three/study. The window here has views across Caterham Valley. Upstairs we have two good size bedrooms. The first of these has a built in cupboard.
The front bedroom overlooks Caterham Valley whilst the rear overlooks the garden and beyond. Outside, there is a good size garage with a parking space to the side.
The garden to the front has a hedge which screens it from next door. The raised beds also hold a range of shrubs and plants.
The rear garden again is landscaped with raised beds and a wide variety of shrubs, trees and plants. There are a number of seating areas.
The property is situated a short walk away from the bustling town centre and comprehensive facilities of Caterham Valley.
Caterham offers a range of shops and supermarkets including a Waitrose, Morrisons and a new Lidl as well as public houses, restaurants and coffee shops.
There is an excellent selection of both state and private schools in the local area for children of all ages including the nearby, popular St. Johns School and Caterham School.
Caterham station provides direct trains to both London Victoria and London Bridge via East Croydon and there are bus services to other local towns nearby.
There are a number of golf clubs, Caterham Rugby Club, bowls and cricket clubs locally and the De Stafford Sports and Leisure centre offers a further range of facilities.
The local area is surrounded by miles of open countryside including the Surrey Hills, an Area of Outstanding Natural Beauty and the North Downs Way.
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 76, Farningham Road, Surrey
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