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Farningham Road, Caterham, CR3

South East

£375,000
Listed on 30/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
807 sqft

Description

Presenting a two-bedroom semi-detached house that captures significant renovation potential, devoid of any onward chain. Strategically situated near the vibrant amenities and transport networks of Caterham Town Centre, this property offers an excellent opportunity for both first-time buyers and investors looking to enhance value. Upon entering, you will find an inviting entrance hall leading into two spacious reception rooms which provide a canvas for reconfiguration, whether you aim to craft a modern open-plan living area or maintain classic charm. The rear kitchen is functional as it stands but has ample scope for redesign to suit culinary needs. Upstairs, the two generously sized double bedrooms are drenched in natural light, complemented by a family bathroom that is primed for modernization. Throughout this residence, there exists a palpable sense of opportunity waiting for your personal touch. The expansive rear garden is tiered across three distinct levels, ensuring privacy while presenting possibilities for landscaping or extensions. Additionally, off-street parking at the garden's far end offers convenience with access via Commonwealth Road, alongside the potential to construct a garage within its existing footprint—ideal for storage or workshop space. This location benefits from proximity to reputable schools and green spaces, making it suitable for families and commuters alike. Frequent train services and major road links facilitate easy access to London and surrounding areas. This property represents an exciting venture for those keen on creating their ideal home or seeking a promising investment project.

Investment Analysis

(CR3 area)

Above Market Value

This property is priced +3.2% above area average per sq ft

+3.2%
This Property
£465/sq ft
Area Average
£450/sq ft
Avg Rent (weekly)
£353
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£399,864
10% above area average per sq ft
Potential ROI
-3.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CR3)

Area prices are rising by +10.5% over the last 12 months
3 year growth: 8.7%
5 year growth: 12.4%
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

Farningham Road, Caterham, CR3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,374
Based on a loan of £281,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE