3-bedroom house · CR3 6JR
For saleReduced £25k (−6.3%) on 2 JulListed 201 days
Opportunity summary
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About
A detached bungalow with adaptable accommodation, situated in an elevated position in a private road and offered with no onward chain.
With steps up from the road leading to a level terrace overlooking the valley, the covered entrance porch opens into the hallway.
Currently the property is arranged with three double bedrooms and a lounge/diner. There are two rooms to the front with an open outlook over the valley, one of which also features a fireplace.
The rear bedroom also benefits from an en-suite shower room. The lounge is also at the rear and opens on to the rear gardens.
There is a fitted kitchen with a range of units including a built-in oven and hob. The bathroom is fitted with a white three-piece suite including a bath.
Outside to the front there is driveway parking for two/three cars.
Steps lead up to the patio front garden and gated side access lead to the rear with a patio area and steps up to gardens which are in need of tidying.
There is scope for extension subject to planning and a number of the of other bungalows have extended into the loft.
The property is approximately half a mile from the heart of the Caterham town centre which offers a range of local shops and choice of supermarkets as well as pubs, restaurants and takeaways.
There is a good choice of schools in the local area including St Johns, Caterham School, de Stafford and Oakhurst.
There are also a number of walks nearby with access on to the North Downs Way as well as Golf clubs, Caterham Rugby Club, Bowls and Cricket clubs locally and the De Stafford Sports centre nearby.
Caterham station has regular trains to London via East Croydon (Approx 45 Mins) and buses run nearby. The M25 is approximately 3 miles to the south.
There is a footpath close by that leads to Burntwood Lane and de Stafford school and another nearby that leads to local shops and buses.
Value & comps
No previous sales on record.
Returns
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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 57, Milner Road, Surrey
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