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Tupwood Lane, Caterham, Surrey, CR3

South East

£250,000
Listed on 20/03/2026

Property Details

Bedrooms
2
Type
Flat
Area
709 sqft

Description

This first floor two-bedroom apartment presents an excellent opportunity for renovation and investment within a sought-after community. Set in a popular development, the property boasts an open outlook towards the Downs and is available with no onward chain, along with the benefit of a long lease. Upon entering, you'll find an entrance hall that leads to all rooms and includes valuable loft access and two storage cupboards. The front lounge, bathed in natural light from a large picture window, faces south, making it a welcoming space. The kitchen, equipped with a variety of base and wall units, offers ample room for appliances and overlooks the peaceful rear gardens. Both double bedrooms present versatile options; one currently serves as a dining area while overlooking the gardens, and both include built-in storage solutions. The bathroom is spacious but would definitely benefit from modernisation. Externally, residents can enjoy well-maintained communal gardens and access to a single garage en-bloc as well as dedicated parking spaces. This property not only provides comfortable living but also lies in proximity to beautiful outdoor landscapes like the North Downs way, recognized for its natural beauty. Local amenities are within half a mile, including shops such as Waitrose and Morrisons plus other conveniences such as public houses and schools rated highly by parents. Additionally, transportation links to London are readily accessible via Caterham station. With nearby sports clubs and leisure facilities enhancing local lifestyle options amidst picturesque countryside surroundings, this apartment holds significant potential for those ready to invest in its updates.

Investment Analysis

(CR3 area)

Below Market Value

This property is priced -21.4% below area average per sq ft

-21.4%
Potential saving
This Property
£353/sq ft
Area Average
£449/sq ft
Avg Rent (weekly)
£373
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£350,058
10% above area average per sq ft
Potential ROI
+29.7%
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

Tupwood Lane, Caterham, Surrey, 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
£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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