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Banstead Road, Caterham, CR3

South East

£350,000
Listed on 14/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1028 sqft

Description

This three-bedroom end-of-terrace property in Caterham on the Hill presents a valuable opportunity for renovation enthusiasts or investors looking to craft a tailored living space. Spanning two levels, the home is in need of comprehensive modernization, allowing for a blank slate where one can reimagine the interior layout and design, with potential for extension pending planning approval. Currently, the ground floor comprises a spacious living area and a separate kitchen that seamlessly connects to the dining zone, while upstairs boasts three well-sized bedrooms awaiting your creative touch. The exterior features a generous wraparound garden – ideal for outdoor activities or further expansion – complemented by an integral garage and off-street parking for added convenience. Located close to local amenities, reputable schools, and transport links, along with the picturesque Coulsdon Common just a short walk away, this property embodies significant renovation potential both inside and out.

Investment Analysis

(CR3 area)

Below Market Value

This property is priced -24.4% below area average per sq ft

-24.4%
Potential saving
This Property
£340/sq ft
Area Average
£451/sq ft
Avg Rent (weekly)
£355
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£509,538
10% above area average per sq ft
Potential ROI
+18.5%
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

Banstead Road, Caterham, 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
£1,262
Based on a loan of £262,500 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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