1-bedroom flat · CR3 6PX
Sold STCListed 143 days
Opportunity summary
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About
A LARGE GROUND FLOOR ONE DOUBLE BEDROOM FLAT located within half a mile of Caterham Town Centre and Railway Station.
The flat has a large Open Plan Living Area 21' 5'' x 14' 5'' (6.52m x 4.39m) opening onto a fitted modern Kitchen.
The double Bedroom has a built in wardrobe and the Bathroom has a large panelled bath with space for a shower at one end.
The flat gas central heating and an Air Filtration/Purifier System throughout the flat. Outside there is a Residents Parking Area with an allocated parking space and Visitor Parking.
AN IMPRESSIVE FLAT IN A CONVENIENT LOCATION!
DIRECTIONS From Caterham Valley town centre proceed along Croydon Road past all the shops and continue past Dunwoody's Timber Merchants, there is a driveway on the left hand side to Carpenters Court, the residents and visitors parking area is on the right hand side with Carpenters Court on the left hand side.
LOCATION Located within half a mile of the town centre this is an ideal location for the commuter into London and for the local shops, amenities and a choice of four supermarkets in Caterham Valley.
Caterham Station has a regular train service into Croydon and Central London, there is also a regular bus service into Croydon and beyond as well as south towards East Grinstead.
The M25 motorway junction 6 at Godstone is approximately 2.5 miles away.
The area also has a good selection of restaurants and pubs, the greenbelt countryside at Godstone and Chaldon are within 2 - 3 miles of the property.
A GREAT LOCATION CLOSE TO THE TOWN AND COUNTRYSIDE!
COMMUNAL HALLWAY Security Entryphone system, carpeted Communal Hallway, turn right through a swing door to the flat's front door which is on the Ground Floor.
ENTRANCE HALLWAY 10' 2'' x 4' 0'' (3.10m x 1.22m) Inset spotlighting to the ceiling, security entry phone, useful storage cupboard with shelving and the electric fuse box plus the power unit for the Air Purifier for the flat.
Radiator and wood effect flooring.
KITCHEN OPEN PLAN TO LIVING ROOM 21' 5'' x 14' 5'' (6.52m x 4.39m) KITCHEN: Range of modern wall and base units with matching worktops incorporating a Breakfast Bar with two high stools, space for a fridge/freezer, washing machine will remain, built in AEG electric oven and grill with a four ring electric hob and extractor fan and hood above.
Built in Wine Cooler, wall mounted IDEAL gas fired combination boiler set in a wall unit. Tiled surrounds and flooring, inset spotlighting to the ceiling.
Open Plan to: LIVING AREA: Double glazed inward open french doors with a Juliet Balcony overlooking the front aspect. Inset spotlighting to the ceiling plus two Air Purifier outlets.
TV point, wood effect flooring and a double radiator.
DOUBLE BEDROOM 11' 3'' x 11' 0'' (3.43m x 3.35m) Double glazed window to the side, built in double wardrobe with sliding mirror fronted doors, radiator.
BATHROOM 7' 0'' x 6' 10'' (2.13m x 2.08m) Modern white suite comprising of a shower shaped panelled bath with a mixer tap and a separate AQUALISA shower fitment.
Vanity wash hand basin with a fitted mirror above and a low flush WC. Inset spotlighting to the ceiling, tiled surrounds and flooring. Wall mounted heated towel rail and extractor fan.
'Duplex Vent' control for air-purifier system. OUTSIDE RESIDENTS PARKING There is a Residents Parking area opposite the block with one allocated parking space and visitor spaces.
LEASEHOLD INFORMATION & COUNCIL TAX LEASE TERM: 125 years from 1/10/2011.
MAINTENANCE/SERVICE CHARGE: £1330.00 pa inc of Ground Rent The current Council Tax Band is 'C', via Tandridge Council.
Their website address to fully confirm the Council Tax Band and amount payable is: 01/6/2026
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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