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Markville Gardens, Caterham, Surrey, CR3 - Image 1
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Markville Gardens, Caterham, Surrey, CR3

South East

£500,000
Listed on 10/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
923 sqft

Description

This three-bedroom semi-detached home presents a compelling opportunity for investors or those looking to create their dream family residence in a desirable area near St. Johns School and White Knobs Park. While the property requires some updating, it is already equipped with double glazing and central heating, laying a solid foundation for refurbishment. Notably, there is considerable potential for extension both to the side and rear, as well as loft conversion, similar to several neighboring properties that have successfully undertaken such projects. Internally, you will find an entrance hall that welcomes you into the home, with stair access to the first floor and doors leading to all ground-floor rooms. The generous lounge/dining area benefits from a double aspect and includes patio doors that open onto the rear garden, making it a bright and inviting space. Additionally, there is a functional fitted kitchen featuring ample storage units and space for appliances. On the upper level are three bedrooms accompanied by a family bathroom equipped with basic amenities. The front-facing principal bedroom offers lovely views while the second bedroom overlooks the garden—ideal for creating comfortable living spaces tailored to modern needs. Externally, a driveway leads to a single detached garage with potential for additional parking if desired. The back garden is predominantly laid to lawn, surrounded by established flora, providing an ideal setting for future landscaping projects. Located conveniently close to essential amenities in Caterham Valley—including supermarkets and schools—and within easy reach of public transport links to London Victoria and London Bridge via Caterham station, this property not only has renovation potential but also benefits from its proximity to local recreational facilities amid beautiful surrounding countryside.

Investment Analysis

(CR3 area)

Above Market Value

This property is priced +20.0% above area average per sq ft

+20.0%
This Property
£542/sq ft
Area Average
£451/sq ft
Avg Rent (weekly)
£364
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£458,357
10% above area average per sq ft
Potential ROI
-16.7%
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

Markville Gardens, 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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