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See how verdicts work2-bedroom flat · CR3 6AZ
For saleReduced £25k (−20%) on 30 JunListed 453 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the second floor of this popular retirement complex, a short walk from the town centre including the new Lidl supermarket.
The property is located on the quieter side of the building overlooking the gardens and the valley at the rear.
Bourne Court is approached through a security controlled entrance system leading to the well-tended communal hallways with lift access to all floors.
The front door leads to an entrance hall with two useful storage cupboards and door to all rooms.
There is a 26' Lounge/Diner with a Juliette balcony to the rear enjoying an open outlook over the gardens and beyond.
From the dining area a door leads through to the rear aspect kitchen which is fitted with a range of base and wall units with integrated appliances including an oven and hob as well as space for a fridge and freezer.
From the hallway, there are two good sized double bedrooms both overlooking the rear.
The bathroom is fitted with a full suite including a panel bath with shower attachment over and wash hand basin in vanity unit.
Within Bourne Court, there are a number of facilities for the resident including a communal lounge that opens onto a patio and the gardens.
There is a laundry and guest suite as well as a house manager who oversees the day to day running of the block. There are well-tended gardens to the rear and resident's parking.
Bourne Court has recently been upgraded to fibre-optic broadband and each flat has Careline for peace of mind.
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 and Morrisons as well as public houses, restaurants and coffee shops.
Caterham station provides direct trains to London 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
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
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FAQ
About Flat 14,, Bourne Court, Caterham
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