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Weald Way, Caterham, CR3

South East

£800,000

Listed on 22/06/2026

Property details

Bedrooms
6
Type
Detached
Area
2181 sqft

Description

This characterful 1920s detached home, originally designed as a chauffeur's lodge, offers a distinctive opportunity for those looking to invest in a property with potential for modernisation. Situated on a desirable residential street in Caterham, the home has been in the same family for over 60 years and now awaits a new owner to breathe fresh life into it. The entrance greets you with a charming hall featuring original parquet flooring, reflecting the home's heritage. The kitchen includes an array of wall and base units, integrated dishwasher, and ample space for additional appliances, all benefiting from pleasant views of the courtyard. Adjacent is a separate dining room with a bay window, while the inviting living room boasts double aspect windows and opens into the garden, complete with a cozy feature fireplace. A versatile family room adds extra living space suitable for various uses. On the first floor, six bedrooms provide ample accommodation; some include fitted wardrobes and one even features direct access to the garden—perfect as a guest suite or home office. Additional facilities include both a shower room and a wet room. While this property showcases significant character and charm, it is ripe for renovation and reconfiguration to suit modern living standards (subject to necessary consents). Outside, you'll find generous grounds with flourishing gardens that enhance privacy and outdoor enjoyment, including multiple seating areas amidst mature greenery. With its prime location just moments away from local amenities and transport links to London, this property represents an exceptional project for investors or families seeking their dream home.

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Investment analysis

(CR3 area)

Below Market Value

This property is priced -17.9% below area average per sq ft

-17.9%
Potential saving
This Property
£367/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£358
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£1,071,318
10% above area average per sq ft
Potential ROI
+16.4%
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

Weald Way, Caterham, 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
£3,022
Based on a loan of £600,000 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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