1-bedroom house · CR3 6FA
Listing removedListed 66 days · slow let
Opportunity summary
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About
Zero Deposit Guarantee Available Caterham Lodge is popular retirement development for those wanting independent living in a secure and purpose built environment in the heart of the town.
This top floor one bedroom retirement apartment was built by Churchill retirement Living and is the closest block to the town and station.
The property features a front aspect lounge/diner as well as a fitted kitchen with integrated appliances.
There is a modern shower room with a walk in shower cubicle and a front aspect double bedroom with wardrobes.
Within the development there is a resident’s lounge, a resident's car park, a buggy store and a laundry as well as a house manager to oversee the day to day running of the block.
From the lower floor, which is served by a lift, there is direct access to Station Avenue less than 100m to Waitrose. The complex was built by Churchill in 2016.
The property is situated within a few hundred meters of the bustling town centre with its station and bus links to Croydon, London and beyond.
Caterham offers a range of shops including a Waitrose and the Church Walk Shopping Arcade with its mixture of shops as well as a selection of restaurants, coffee shops and pubs etc.
There is a doctors in Eothen Close and a library across the road. The Miller Centre is located in Caterham Valley and offers a range of entertainment.
There are a number of Churches, social clubs and sports facilities in the local area including the De-Stafford leisure centre.
Caterham is surrounded by miles of open countryside including the nearby North Downs.
The property is currently being fully renovated and will also have brand new carpets and will be decorated throughtout before the tenancy commences.
The property is available from mid Sept and is offered to the market unfurnished.
The photos for this property are for illustrative purposes and of the landlords previous work so we can gain a picture of what the property will resemble after the renovation EPC rating: C Council tax band: D Holding deposit £294.00 Council Tax Band: Holding Deposit: £294.00 Retirement Property Brand new carpets Freshly painted throughout White goods Modern shower room and kitchen Double bedroom Communal areas Lovely gardens Available mid sept 26
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 2, Caterham
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