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Harestone Valley Road, Caterham, CR3 - Image 1
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Harestone Valley Road, Caterham, CR3

South East

£875,000
Listed on 28/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1396 sqft

Description

Nestled in a desirable area of Harestone Valley Road, this property presents a unique investment opportunity for those looking to enhance its already charming character. The home features a well-maintained layout over two levels, starting with a welcoming entrance hall that leads into a spacious, light-filled reception room adorned with exposed wooden beams that add rustic charm. The French doors create a seamless flow into the garden, perfect for outdoor living and entertaining. The separate dining room boasts appealing views, while the kitchen/breakfast area is equipped with ample storage and benefits from direct access to both the garden and a conveniently located downstairs WC. The upper floor hosts three generously sized bedrooms, two of which include bay windows to maximize natural light. The principal bedroom has fitted wardrobes, and all rooms share a centrally located family bathroom, providing a solid foundation for any renovation ideas. Externally, the property includes off-street parking for multiple vehicles alongside landscaped lawns and hedgerows. A tandem garage adds practical value. The expansive rear garden primarily laid to lawn is complemented by mature trees and offers a spacious patio area ideal for gatherings. Set on a plot of approximately 0.23 acres, the potential for further development is also highlighted by approved planning permission for a single-storey rear extension and first-floor side extension over the dining room, in addition to plans for a loft conversion with raised ridge level. Conveniently located just half a mile from Caterham’s town centre and within easy reach of local schools and transport links including rail service to central London in under an hour.

Investment Analysis

(CR3 area)

Above Market Value

This property is priced +39.6% above area average per sq ft

+39.6%
This Property
£627/sq ft
Area Average
£449/sq ft
Avg Rent (weekly)
£373
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£689,254
10% above area average per sq ft
Potential ROI
-27.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (CR3)

Area prices are rising by +8.5% over the last 12 months
3 year growth: +3.7%
5 year growth: +7.8%
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

Harestone Valley 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
£3,156
Based on a loan of £656,250 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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