2-bedroom flat · CR3 6RA
For saleListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated close to Caterham town and station, this ground floor maisonette is offered with no onward chain and the benefit of a lease in excess of 100 years.
The accommodation comprises and entrance porch that leads to the hallway with useful storage cupboard and doors to all rooms.
The lounge/diner is positioned at the rear and enjoys an open outlook over the rear gardens with patio doors and steps down to the patio.
There is a good sized kitchen that overlooks the front garden and is fitted with base and wall units with integrated oven and hob as well as work surfaces space for further appliances.
There are two double bedrooms, the largest is at the rear and overlooks the rear garden.
A particular feature of the property is the newly refurbished shower room with double shower cubicle, low level WC and wash hand basin in a vanity unit.
With gold effect fitting, a heated towel rail and tiled floor and walls. Outside, the property is approached from the road over shared steps that lead to the front door.
The front gardens belong to the property and offer great privacy from the road.
There is also potential to create off road parking to the front subject to the usual consents and a number of nearby properties have done so.
Gated access leads to the rear garden which are paved with established shrub borders.
There is also a useful Summer House 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, Lidl and Morrisons 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.
Caterham station is a short walk away and 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 White Knobs Park, 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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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 84, Godstone Road, Surrey
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