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Greenhill Avenue, Caterham, CR3 - Image 1
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Greenhill Avenue, Caterham, CR3

South East

£500,000
Listed on 08/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1113 sqft

Description

Situated in a quiet and inviting cul-de-sac, this three-bedroom detached home presents a unique opportunity for renovation and investment. With no onward chain, it offers a blank canvas for those looking to imprint their personal style and possibly expand upon the existing layout, subject to necessary planning permissions. As you approach the property, the practicality of off-street parking and a garage becomes apparent, ensuring ease of access. Stepping inside reveals a series of rooms that invite creativity; each space is ready for reconfiguration or modernization to meet contemporary living standards. The lounge and dining areas provide ample room for reimagining, while the kitchen presents functional potential that can be transformed into an attractive centerpiece for social gatherings. The rear garden is level and private, serving as an ideal backdrop for outdoor relaxation or recreational activities. This enclosed space enhances the home's appeal as a retreat from daily life while still being conveniently located near local amenities and well-connected transport links. The balance of accessibility and tranquility in this sought-after neighborhood makes it an attractive proposition for investors seeking long-term rental potential or families aiming to create their dream home. This property’s renovation potential is significant, making it an appealing prospect in today’s market. Whether you envision updates that enhance its charm or expansions that increase its footprint, this residence stands ready to evolve alongside its future owners’ aspirations.

Investment Analysis

(CR3 area)

Below Market Value

This property is priced -0.7% below area average per sq ft

-0.7%
Potential saving
This Property
£449/sq ft
Area Average
£452/sq ft
Avg Rent (weekly)
£383
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£553,751
10% above area average per sq ft
Potential ROI
-1.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (CR3)

Area prices are rising by +10.1% over the last 12 months
3 year growth: 7.9%
5 year growth: 15.6%
Investment Disclaimer: Analysis based on CR3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

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Location

Greenhill Avenue, Caterham, CR3
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