1-bedroom house · CR3 6AZ
Listing removedListed 171 days · slow let
Opportunity summary
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About
Zero Deposit Guarantee Available This recently redecorated and refreshed purpose built retirement flat is situated on the ground floor of this purpose built development close to town.
The property features a 20' lounge with direct access outside to a patio area as well as a separate, fitted kitchen with integrated oven and hob with space for appliances and a window to the front.
There is a good sized double bedroom with wardrobes. The bathroom has been fitted with a walk-in shower cubicle as well as a low level WC and wash hand basin.
The flat also benefits from a large walk in cupboard in the hallway and direct access onto a patio area at the front.
Situated on the lower floor, there is also easy access to the residents lounge, laundry and carpark.
The development offers a range of facilities for the residents including a Lounge on the lower floor, a laundry room, residents parking and a house manager who oversees the day to day running of the block.
There are also pull cords in all rooms that are linked to Careline. Bourne Court 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 nearby Lidl as well as public houses, restaurants and coffee shops.
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.
Available early May Council Tax Band: Holding Deposit: £265.00 Retirement property One bedroom New carpets Available now Great location Ground floor
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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.
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