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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 is located within a well-regarded development, boasting an appealing outlook towards the Downs. The property is being sold with no onward chain and benefits from a long lease. While currently in need of updating and redecoration throughout, this presents an excellent opportunity for investors or homeowners looking to add value through renovation. Upon entering, you'll find an entrance hall that provides access to all rooms and has convenient storage options with two cupboards. The front lounge enjoys a pleasant southerly aspect thanks to its large picture window, making it a bright living space. The kitchen is fitted with ample base and wall units but requires modernisation, offering potential for enhancement. There are two double bedrooms; the larger room at the rear is currently serving as a dining area with views over the gardens and features built-in storage, while the second bedroom overlooks the front of the building. A good-sized bathroom also awaits updates to fully realise its potential. Outside, residents can enjoy well-maintained communal gardens along with allocated parking and a single garage en-bloc. This property is ideally located near the North Downs Way and just half a mile from Caterham Valley's extensive amenities including shops, restaurants, schools, and transport links to Central London.

Investment Analysis

(CR3 area)

Below Market Value

This property is priced -21.0% below area average per sq ft

-21.0%
Potential saving
This Property
£353/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£358
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £20,000
Target Value
£348,264
10% above area average per sq ft
Potential ROI
+29.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (CR3)

Area prices are stable by +1.7% over the last 12 months
3 year growth: +1.0%
5 year growth: +2.5%
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

Tupwood Lane, Caterham, Surrey, CR3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£944
Based on a loan of £187,500 over 30 years at 4.45% 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.

Stamp Duty Calculator

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