2-bedroom property · CR3 6TD
Sold STCListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A FIRST FLOOR TWO DOUBLE BEDROOM RETIREMENT FLAT with an Ensuite Bathroom and separate Shower Room.
There is a modern style Kitchen with a built in oven and hob plus space for a Fridge/Freezer and Washing Machine. The Living Room has an inward opening door to a Juliette Balcony.
The Development has a House Manager, Communal Lounge and Kitchen, secure Residents Parking and outside a patio area with covered Pergola.
Well maintained throughout, VIEWING RECOMMENDED, NO ONWARD PROPERTY CHAIN! ANCILLARY SERVICES As part of our services, we may offer ancillary services to assist with your transaction.
With your consent we will refer your details to a select group of providers.
There is no obligation to provide your consent, or to uptake any of these services, but where you do, you should be aware of the following referral fee information: Taylor Rose Solicitors – £240 Amity Law - £200 Kingsley Bond Solicitors - £200 London & Country Mortgage Brokers – 25% of Commission MAP Surveyors – £50 DIRECTIONS From the roundabout in Caterham Valley proceed along Station Road to the mini roundabout, proceed straight ahead and then immediately right into Stafford Road, Pegasus Court is on the right hand side, the Residents Parking is just past the block with security barrier.
LOCATION Pegasus Court is in a great location for the Town Centre which is a level walk within a quarter of a mile of the property.
The Town Centre has a great selection of local shops, a Waitrose and Morrisons Supermarket, Restaurants and Coffee Shops.
Caterham Railway Station is an end of line and has a regular service into Croydon and London and local Buses travelling north and south as well as Caterham on the Hill.
PEGASUS COURT The Development has a Lodge Manager for 5 days each week.
The facilities include: A COMMUNAL LOUNGE & KITCHEN & LAUNDRY ROOM GUEST SUITE FOR VISITORS COMMUNAL GARDENS & PATIO 24 HOUR CARELINE To qualify to reside at Pegasus Court, a resident must be over 60 years old and any second resident over 55 years old.
COMMUNAL HALLWAY Carpeted Communal Hallway with a Lift Service to all floors. Secure fob entry with a security entry-phone.
ENTRANCE HALLWAY Own front door and a security entry phone plus 24-hour careline.
Two built in storage cupboards and an airing cupboard with a hot water tank, coved ceiling and electric storage heater.
LIVING ROOM 21' 4'' x 11' 3'' (6.50m x 3.43m) Double glazed inward opening door and window to a front facing Juliet Balcony, coved ceiling, two wall light points, TV point and two electric storage heaters.
Glazed door to: KITCHEN 9' 0'' x 6' 4'' (2.74m x 1.93m) Double glazed window to the front, range of modern fitted wall and base units with matching worktops, single bowl stainless steel sink unit with a mixer tap and cupboard under, built in fridge/freezer, electric oven, four ring electric hob and extractor fan above.
Tiled surrounds and an electric kickboard fan heater.
BEDROOM ONE 11' 9'' plus recess x 8' 10'' (3.58m plus recess x 2.69m) Double glazed window to the front, large built in double wardrobe, coved ceiling and electric storage heater.
Door to: ENSUITE BATHROOM 6' 4'' x 7' 1'' (1.93m x 2.16m) Modern bathroom suite in white comprising of a panelled bath with a wall mounted AQUALISA shower fitment with curtain rail and separate taps, vanity wash hand basin with a fitted mirror above and shaver point, low flush WC.
Wall mounted heated towel rail.
BEDROOM TWO 9' 7'' plus door recess x 8' 6'' (2.92m plus door recess x 2.59m) Double glazed window to the front, built in single wardrobe, electric storage heater.
SHOWER ROOM 5' 6'' x 6' 1'' (1.68m x 1.85m) Modern white suite comprising of an enclosed corner shower cubicle, vanity wash hand basin with a mirror above and a low flush WC.
Wall mounted electric towel rail, coved ceiling, extractor fan and tiled surrounds.
OUTSIDE RESIDENTS SECURE PARKING Accessed via a security barrier, unallocated with a short walk from the entrance to the Communal Hallway.
RESIDENTS GARDEN A path with herbaceous and hedgerow borders leading to a covered Pergola seating area.
LEASEHOLD INFORMATION & COUNCIL TAX LEASE TERM: 125 Years from 1/7/2001 MAINTENANCE: £4,709.18 (£2,354.59 per half year 1/4/25 to 30/9/25) GROUND RENT: £349.00 pa The current Council Tax Band is 'E', via Tandridge Council.
Their website address to fully confirm the Council Tax Band and amount payable is: 21/8/2025
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.
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About Pegasus Court, Caterham Valley
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