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Cromwell Road, Caterham, Surrey, CR3

South East

£375,000
Listed on 28/02/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
991 sqft

Description

This classic two-bedroom semi-detached home is tucked away in a quiet cul-de-sac close to the scenic Coulsdon Common. While the property is sold with no onward chain, it presents a significant opportunity for updating and modernization. The spacious 21-foot lounge/diner features a fireplace and offers double-aspect views, perfect for reconfiguration. The kitchen, currently basic and overlooking the rear garden, is in need of renovation and could be transformed into a modern culinary space. Additionally, there is a versatile basement room that opens out to the garden, offering potential to extend living space or serve as practical storage. Upstairs, you'll find two generously sized double bedrooms along with a sizeable family bathroom. Outside, manageable front and rear gardens enhance this home's appeal, with established borders that can be revitalized. There’s also potential for expansion either at the rear or into the loft, subject to necessary permissions. Located on Cromwell Road—a peaceful dead-end street—this property benefits from proximity to local amenities including shops, restaurants, and recreational facilities in Caterham on the Hill. Nearby schools cater to various age groups while excellent transport links via bus and train ensure easy access to London.

Investment Analysis

(CR3 area)

Below Market Value

This property is priced -16.0% below area average per sq ft

-16.0%
Potential saving
This Property
£378/sq ft
Area Average
£451/sq ft
Avg Rent (weekly)
£355
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£491,199
10% above area average per sq ft
Potential ROI
+18.4%
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

Cromwell Road, Caterham, Surrey, CR3
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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
£1,352
Based on a loan of £281,250 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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