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Timber Hill Road, Caterham, Surrey, CR3

South East

£500,000
Listed on 07/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1877 sqft

Description

This substantial semi-detached family residence boasts over 1,800 sq. ft. of living space spread across four levels, including a basement. While the property requires some modernization, it presents an exciting opportunity for those looking to craft their ideal home in a prime location. The entrance features a stained glass front door leading into a hallway that opens up to a dining area, which seamlessly flows into the lounge equipped with a bay window and fireplace. Adjacent to the dining room is a flexible study/breakfast room connected to the kitchen, providing potential for an open concept layout if desired. Additionally, there is a ground floor shower room for convenience. The kitchen includes various base and wall units along with integrated appliances and offers views of the rear garden. Descending from the dining area, you’ll find two basement rooms currently used for storage; these could easily be transformed into additional living spaces with direct access to the outside. On the first floor, there are two generously sized double bedrooms, one enjoying views over the park, complemented by a family bathroom featuring a white suite. Further stairs lead to another double aspect bedroom on the upper level. Outside, the property has a small garden in front with parking options and gated side access that leads to the rear garden comprising of both patio space and artificial grass. Situated in a central locale just minutes from Caterham train station and town centre amenities, this residence offers an appealing outlook over nearby parkland. Caterham boasts various shopping choices including Waitrose and Morrisons alongside vibrant public houses and eateries. Families will appreciate access to quality local education options including St John’s School and Caterham School. The train connects directly to London while local public transport services extend to nearby towns. Leisure enthusiasts will find numerous golf clubs, rugby and cricket facilities as well as De Stafford Sports Centre nearby, all surrounded by picturesque countryside within the Surrey Hills Area of Outstanding Natural Beauty.

Investment Analysis

(CR3 area)

Below Market Value

This property is priced -41.0% below area average per sq ft

-41.0%
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
£50,000 - £80,000
Target Value
£932,109
10% above area average per sq ft
Potential ROI
+60.7%
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
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

Timber Hill 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
£1,771
Based on a loan of £375,000 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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