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Cromwell Road, Caterham, Surrey, CR3

South East

£485,000
Listed on 09/07/2025

Property Details

Bedrooms
4
Type
Semi Detached
Area
1824 sqft

Description

This semi-detached family residence spans an impressive 1824 sq. ft. over four levels, presenting a flexible layout that can cater to diverse living needs. Currently configured with four bedrooms and three reception rooms, the home offers significant potential for renovation and customization. Upon entering through the front door, one is greeted by an entrance hall leading to spacious areas including a double aspect lounge with charming wood flooring and a log burner, ideal for creating a cosy atmosphere. The adjacent study/office space could easily serve as a fifth bedroom if desired. The main level also features a large bathroom that requires modernization and an updated family shower room, both of which present opportunities to enhance the property's overall appeal. Moving to the first floor reveals two generously sized double bedrooms, while the top floor currently comprises two single bedrooms that could be combined into a larger double bedroom, maximising the space's functionality. On the lower ground floor, the dining room connects to a fitted kitchen outfitted with contemporary white units, leading through French doors to a conservatory/sitting area that provides access to the garden—perfect for outdoor entertaining or family gatherings. Externally, there's off-road parking provided by a covered car port at the front of the property, along with a small garden area. The gated side access guides you to rear gardens featuring level lawn and established greenery. Nestled on a quiet no-through road near Coulsdon Common and surrounded by expansive countryside, this location offers residents easy access to local amenities including shops, schools, and transport links to London. With its strategic positioning in Caterham on the Hill combined with substantial living space that allows for renovation opportunities, this property stands out as an inviting canvas for investors or families looking to personalize their dream home.

Investment Analysis

(CR3 area)

Below Market Value

This property is priced -41.1% below area average per sq ft

-41.1%
Potential saving
This Property
£266/sq ft
Area Average
£451/sq ft
Avg Rent (weekly)
£364
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£905,789
10% above area average per sq ft
Potential ROI
+69.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CR3)

Area prices are rising by +7.8% over the last 12 months
3 year growth: +4.2%
5 year growth: +7.3%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,718
Based on a loan of £363,750 over 30 years at 3.91% 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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