1-bedroom flat · CR3 6TD
Listing removedListed 119 days
Opportunity summary
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About
A first floor one double bedroom retirement flat ideally located in Caterham Valley within a level quarter of a mile from the Town Centre and Railway Station.
The flat is immaculately presented throughout with a good size Living Room and a separate modern fitted Kitchen.
The Double Bedroom has a built-in wardrobe with a modern Shower Room adjacent with a superb double size walk-in Shower. Pegasus Court has excellent Communal Facilities and a House Manager.
No onward chain!
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 Coved Ceiling, deep walk-in Storage Cupboard / Airing Cupboard with shelving. The cupboard houses the electric meter and fuse box.
Security entry phone system and electric wall mounted heater.
Living Room (21' 5'' x 11' 1'' (6.52m x 3.38m)) Double glazed windows and inward opening door to the rear aspect, coved ceiling, TV point, two electric storage heaters, glass panelled door to: Kitchen (7' 5'' x 6' 4'' (2.26m x 1.93m)) Double glazed window to the rear.
Range of wall and base units with matching worktops, single bowl stainless steel sink unit with a mixer tap and cupboard below.
Built in electric oven and a four ring electric hob with an extractor fan above, built in fridge/freezer, coved ceiling and tiled surrounds.
Double Bedroom (13' 11'' x 9' 0'' (4.24m x 2.74m)) Double glazed window to the rear, coved ceiling with a built in Dressing Table unit below the window, built in double wardrobe, electric storage heater, telephone point.
Shower Room (6' 11'' x 6' 3'' (2.11m x 1.90m)) Enclosed modern re-fitted Shower Room with a large walk-in shower unit with a hand held shower fitment and overhead rose, vanity wash hand basin and a low flush WC.
Electric heated towel rail / radiator, extractor fan and tiled wall surround.
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 & Council Tax Lease term: 125 years from 1 July 2001 maintenance/service charge: £3,670.36 (£1,835.18 per half year) ground rent: £299.00 pa The current Council Tax Band is 'C', via Tandridge Council.
Their website address to fully confirm the Council Tax Band and amount payable is: 26/6/2026
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.
Area
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FAQ
About 25 Pegasus Court, Stafford Road, Caterham
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