2-bedroom flat · CR3 5EH
For saleListed 29 days
Opportunity summary
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About
Set within this sought-after development, this spacious two-bedroom apartment offers approximately 721 sq ft of bright, well-balanced accommodation, with generous rooms and pleasant outlooks across the communal grounds.
The entrance hall provides useful storage and leads into a generous living and dining room.
A wide picture window draws in plenty of natural light, while the proportions allow comfortable seating and dining areas without either feeling compromised.
A feature fireplace provides a natural focal point. The modern kitchen is fitted with cream Shaker-style cabinetry, wood-effect work surfaces and white metro-tiled splashbacks.
There is a built-in oven / microwave combination, gas hob and extractor, together with a good range of wall, base and full-height storage units.
An inset sink sits beneath a wide window overlooking the communal gardens, while recessed lighting completes the clean, contemporary finish.
Both bedrooms are well proportioned, with the principal bedroom being particularly generous and the second benefiting from fitted storage.
The contemporary bathroom is fully tiled and includes a bath, separate glazed shower enclosure with rainfall-style shower, vanity unit and mirrored storage.
There is a good sized loft with plenty storage - housing the combination boiler.
Outside: Furrows Place is surrounded by well-tended communal gardens, with lawns, mature trees and established planting providing attractive green outlooks from the apartment.
A large meadow within the grounds provides further outdoor space for residents to enjoy.
The apartment also benefits from a single garage within a nearby block, together with parking in the communal car park.
Situation: Furrows Place is a popular cul-de-sac positioned between Caterham-on-the-Hill and Caterham Valley, making the shops and amenities of both particularly accessible.
Caterham-on-the-Hill High Street is a short, level walk away and offers a useful mix of independent shops, cafés, pubs and everyday services.
Caterham Valley and its railway station are approximately 0.6 miles away, providing supermarkets, restaurants, Church Walk Shopping Centre and regular rail connections to East Croydon and London.
Regular bus services are also available nearby.
Leisure facilities can be found at de Stafford Sports Centre, while Coulsdon Common, Kenley Aerodrome and the North Downs provide extensive opportunities for walking and cycling.
The wider area is also well served by schools in both the state and independent sectors.
The A22 provides convenient access towards Croydon, with the M25 at Junction 6 approximately three miles away Lease details: 150 years from 24 June 1990 (114 years remining) Service charge: £400 per quarter Ground rent: Currently £250 per annum Tenure: Leasehold Council Tax band: D Local Authority: Tandridge District Council
Value & comps
No previous sales on record.
Returns
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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.
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About 28, Furrows Place, Caterham
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