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Essendene Road, Caterham On The Hill

South East

£715,000
Listed on 20/01/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This spacious detached three-bedroom bungalow is situated on a generous plot within a sought-after residential area. It offers a significant opportunity for enhancement, including the potential for side extensions or loft conversions, subject to obtaining planning permission. The property features a sizable living room and sun lounge that provide ample natural light, along with a separate kitchen that could benefit from modernization. The four-piece bathroom suite, while functional, may also be updated to reflect contemporary tastes. Outside, the bungalow boasts a detached garage and an expansive driveway suitable for multiple vehicles. The west-facing rear garden is secluded and level, ideal for outdoor activities or landscaping projects. With its convenient location near local amenities and transport links, this property presents an excellent investment opportunity for those looking to add value through renovation.

Investment Analysis

(CR3 area)
Area Average
£451/sq ft
Avg Rent (weekly)
£355
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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

Essendene Road, Caterham On The Hill
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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
£2,579
Based on a loan of £536,250 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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