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See how verdicts work2-bedroom flat · CR3 5XB
For saleReduced £20k (−8%) on 15 SepListed 203 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in this popular retirement complex, this first floor apartment is one of the largest available in the development and measures over 900 sq' and overlooks the communal gardens from the lounge.
The property features a spacious 28' lounge that is on the southern side of the building, overlooks the gardens and is arranged with a separate dining area.
The kitchen is off the lounge and has been refitted and comprises a range of base and wall cupboard and drawer units with integrated appliances and a window overlooking the gardens.
From the lounge, there is also a useful walk in storage cupboard.
Accessed from the hallway, there are two double bedrooms one measuring 16’ and both with built in wardrobes and overlooking the gardens.
The shower room has been refitted with a walk-in shower cubicle, low level WC and wash hand basin.
Within Hillcroft Court, there are a number of facilities for the residents including a communal lounge and gardens, a laundry and the house manager who oversees the day to day running of the block.
The flat is fitted with Careline for peace of mind, there is also a guest room for visitors available within the block. The property is offered in good order throughout and with no onward chain.
Hillcroft Court is the only retirement development situated in the heart of Caterham on the Hill, and within easy walking distance of the bustling High Street with its butchers, delicatessen, craft shops and post office.
The area benefits from a doctors, pharmacy, vets and hospital, a number of restaurants and pubs as well as churches of mixed denominations.
There is a library at the nearby Westway Common and a good selection of local shops including a Tesco and Co-Op supermarket.
There are leisure and fitness facilities on the village and at the De Stafford sports centre whilst Caterham on the Hill is surrounded by miles of open countryside including Coulsdon Common.
The Surrey National golf course is also within a mile. More comprehensive facilities can be found in Caterham Valley and there are regular buses nearby to Caterham, Purley and beyond.
Trains to London are available from Caterham, Upper Warlingham and Coulsdon. The M25 is approx. 3 miles to the south.
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
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FAQ
About 36 Hillcroft Court,, Chaldon Road, Surrey
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