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Milner Road, Caterham

South East

£425,000
Listed on 08/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
931 sqft

Description

Nestled in a desirable elevated position, this detached bungalow offers panoramic views over Caterham Valley, situated on a quiet private road. The property comprises three spacious double bedrooms, a bathroom, a sitting room, and a kitchen, along with the added benefit of a double garage. While the home is in need of complete renovation, it presents an excellent opportunity for redevelopment or significant expansion, subject to obtaining the necessary planning permissions. Additionally, the double garage holds potential for conversion into a separate living space, home office, or gym (subject to planning), which could significantly enhance the property's value and usability. Given its prestigious location and generous layout, this property is ideal for investors or developers looking to create a bespoke home with substantial upside potential.

Investment Analysis

(CR3 area)

Above Market Value

This property is priced +1.3% above area average per sq ft

+1.3%
This Property
£456/sq ft
Area Average
£451/sq ft
Avg Rent (weekly)
£355
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£461,459
10% above area average per sq ft
Potential ROI
-12.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (CR3)

Area prices are rising by +9.8% over the last 12 months
3 year growth: +4.9%
5 year growth: +9.7%
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.

Location

Milner Road, Caterham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,533
Based on a loan of £318,750 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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