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See how verdicts work1-bedroom flat · CR3 6FA
For saleListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This ground floor apartment is situated at the front of the block overlooking the gardens and with established shrubs to the front for privacy yet still allowing you to see coming and goings in the road.
A popular retirement development for those wanting independent living in a secure and purpose built environment in the heart of the town.
The property features a good sized living room with door to the fitted kitchen with integrated appliances and a window to the front.
There is an entrance hall which benefits from a walk-in storage cupboard and a modern shower room with three piece suite. The double bedroom features built in wardrobes.
Within the development there is a residents lounge, a buggy store and a laundry as well as visiting house manager to oversee the day to day running of the block.
From the lower floor, which is served by a lift, there is direct access to Station Avenue less then 100m to Waitrose.
The complex was built by Churchill in 2016 and the property benefits from a lease in excess of 100 years. The property is offered with no onward chain.
The property is situated within a few hundred meters of the bustling town centre with its station and bus links to Croydon, London and beyond.
Caterham offers a range of shops including 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 Eothen Close and a library across the road. The Miller Centre is located in Caterham Valley and offers a range of entertainment.
There are a number of Churches, social clubs and sports facilities in the local area including the De-Stafford leisure centre.
Caterham is surrounded by miles of open countryside including the nearby North Downs.
The property is situated within a few hundred meters of the bustling town centre with its station and bus links to Croydon, London and beyond.
Caterham offers a range of shops including 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 Eothen Close and a library across the road. The Miller Centre is located in Caterham Valley and offers a range of entertainment.
There are a number of Churches, social clubs and sports facilities in the local area including the De-Stafford leisure centre.
Caterham is surrounded by miles of open countryside including the North Downs.
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 Caterham Lodge, 2 Stafford Road, Caterham, Surrey, CR3
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