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Salmons Lane West, Caterham, Surrey - Image 1
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Salmons Lane West, Caterham, Surrey

South East

£700,000
Listed on 07/05/2026

Property Details

Bedrooms
3
Type
Detached Bungalow

Description

This three-bedroom detached bungalow is situated in a prime location in Caterham on the Hill, offering substantial potential for renovation and investment. The property features a versatile layout with ample storage options, making it an excellent candidate for updates and customization. The ground floor includes a spacious reception room that overlooks the well-maintained rear garden, along with two generously sized double bedrooms equipped with built-in wardrobes. A family bathroom and separate kitchen complete this level. The first floor accommodates an additional double bedroom and another bathroom, ideal for accommodating guests or converting into a home office. The outdoor area boasts a patio perfect for entertaining, alongside mature gardens that enhance the property's curb appeal. Access to the garage adds further convenience while off-street parking allows for multiple vehicles. Proximity to Caterham on the Hill's local amenities—including shops, pubs, and transport links—provides both daily conveniences and connectivity to larger urban areas. The property sits near beautiful countryside, offering an appealing lifestyle choice for families or investors looking to capitalize on its renovation potential amidst desirable school zones and accessible transport routes.

Investment Analysis

(CR3 area)
Area Average
£449/sq ft
Avg Rent (weekly)
£352
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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
12%
Properties sold annually

Local Market Trend (CR3)

Area prices are rising by +3.3% over the last 12 months
3 year growth: +3.7%
5 year growth: +3.5%
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

Salmons Lane West, Caterham, Surrey
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,497
Based on a loan of £525,000 over 30 years at 3.97% 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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