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Gravelly Hill, Caterham, CR3 - Image 1
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Gravelly Hill, Caterham, CR3

South East

£650,000
Listed on 10/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1244 sqft

Description

This charming two-bedroom detached bungalow offers a rare chance to transform a property located on a tranquil road in Caterham. Set on an expansive plot of just under three-quarters of an acre, this residence not only boasts breathtaking panoramic views but also presents the opportunity for significant modernization throughout. Buyers will appreciate the potential to tailor this home to their personal style and preferences, making it truly unique. The current layout provides ample space for reconfiguration or extension, subject to planning permissions, opening up possibilities to enhance both living areas and property value. This situation is particularly suitable for investors, developers, or individuals looking for a renovation project in a highly sought-after area. The grounds feature an inviting level lawn and mature tree coverage that contribute to privacy and serenity. With its strategic positioning close to popular local amenities, including schools and shopping facilities in Caterham town center, along with excellent transport links via train and road, this property represents both lifestyle appeal and investment potential.

Investment Analysis

(CR3 area)

Above Market Value

This property is priced +16.0% above area average per sq ft

+16.0%
This Property
£523/sq ft
Area Average
£451/sq ft
Avg Rent (weekly)
£355
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£616,601
10% above area average per sq ft
Potential ROI
-17.8%
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

Gravelly Hill, 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
£2,344
Based on a loan of £487,500 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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