We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · CR3 6TD
Listing removedListed 934 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A top floor two double bedroom retirement flat with an En-suite Bathroom and separate Shower Room.
There is a modern style Kitchen with a built in oven, a Fridge/Freezer and a washing machine and dryer. The Living Room has an inward opening door to a Juliette Balcony with views over Caterham.
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 Please note that there is a walk-in lockable Storage Cupboard on the Lower Ground Floor belonging to the flat.
To qualify to reside at Pegasus Court, a resident must be over 60 years old and any second resident over 55 years old.
Communal Entrance Hallway Carpeted Communal Hallway with a Lift Service to all floors. Secure fob entry with a security entry-phone. Entrance Hallway Spacious hallway with a coved ceiling.
Built in store cupboard with the electric meter and fusebox, separate airing cupboard with the hot water tank and shelf, wall mounted electric heater.
Living Room (21' 7'' x 11' 0'' (6.58m x 3.36m)) Double glazed windows to the rear with an inward opening door to a Juliette Balcony with views over Caterham.
Coved ceiling, feature fireplace, TV point and telephone point, two electric storage heaters, glass panelled door to the Kitchen.
Kitchen (9' 0'' x 6' 5'' (2.75m x 1.95m)) Double glazed window to the rear, modern style white kitchen with a range of built in wall and base units with matching worktops, single bowl stainless steel sink unit with a mixer tap and cupboards under.
Built in electric oven and grill, built in four ring electric hob with an extractor fan above. There is also a Fridge/Freezer and a washing machine and dryer and tiled surrounds.
Bedroom One (16' 7'' x 9' 1'' (5.06m x 2.77m)) Double glazed window to the rear, coved ceiling, built in double wardrobe, storage heater, door to: En-Suite Bathroom (7' 1'' x 6' 4'' (2.16m x 1.93m)) Modern white suite, coved ceiling, suite comprising of a panelled bath with an aqualisa mixer shower fitment, vanity wash hand basin and a low flush WC.
Tiled walls, electric heated towel rail and an electric fan heater, extractor fan.
Bedroom Two (9' 9'' x 8' 8'' (2.97m x 2.64m)) Double glazed window to the rear, built in cupboard, coved ceiling and a wall mounted electric heater.
Shower Room (5' 7'' x 6' 5'' (1.71m x 1.95m)) The shower room has an enclosed corner shower with an aqualisa mixer shower fitment, vanity wash hand basin and a low flush WC.
Tiled walled surrounds, electric towel rail and electric fan heater, extractor fan.
Outside Residents Parking Accessed via a security barrier, non- allocated and a short walk from the entrance to the Communal Hallway.
Residents Garden A path with herbaceous borders leading to a covered Pergola seating area.
Leasehold Information Lease term: 125 Years from 1/7/2001 maintenance: £4750.00 (inc Building Insurance) tbc ground rent: £349.00 pa tbc Council Tax The current Council Tax Band is 'E', via Tandridge Council.
Their website address to fully confirm the Council Tax Band and amount payable is: 6/4/2024
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
.png)
FAQ
About 38 Pegasus Court, Stafford Road, Caterham
Explore nearby