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Kynaston Court, Underwood Road, Caterham - Image 1
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Kynaston Court, Underwood Road, Caterham

South East

£250,000
Listed on 09/03/2026

Property Details

Bedrooms
1
Type
Apartment
Area
579 sqft

Description

This chain-free second-floor flat offers a spacious layout of 579 sq. ft. and presents an excellent opportunity for modernization. Situated in the desirable Kynaston Court, residents can enjoy picturesque views over Caterham Valley from their private balcony, complemented by the surrounding greenery and well-kept communal grounds. The property includes a garage en bloc and communal parking, providing added convenience. Inside, the generous double bedroom features hard flooring that extends throughout the flat. The bathroom is equipped with a full-size bath and ample storage, while the kitchen provides enough room for all essential utilities and white goods. The lounge area is spacious enough to accommodate dining furniture and opens effortlessly onto the balcony, perfect for relaxing outdoors. Just a short walk from Caterham High Street and the train station, this flat serves as a blank canvas ideal for first-time buyers, investors, or those looking to downsize, with a newly extended lease to be granted upon completion.

Investment Analysis

(CR3 area)

Below Market Value

This property is priced -3.8% below area average per sq ft

-3.8%
Potential saving
This Property
£432/sq ft
Area Average
£449/sq ft
Avg Rent (weekly)
£373
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£285,873
10% above area average per sq ft
Potential ROI
+4.0%
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

Kynaston Court, Underwood Road, Caterham
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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
£902
Based on a loan of £187,500 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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