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Caterham Drive, Old Coulsdon

South East

£525,000

Listed on 22/09/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached
Area
1017 sqft

Description

This three-bedroom semi-detached house on Caterham Drive presents an exciting opportunity for buyers eager to create a personalized family home in a desirable area. Upon entering, a welcoming porch leads into a spacious hallway. The first reception room, located to the left, is bright and well-proportioned, featuring a charming fireplace that adds character and warmth to the space. At the rear, the kitchen provides convenient access to the garage and flows into a second reception room or dining area that overlooks the garden. This versatile space is perfect for family dining or entertaining, with doors leading directly to the garden, enhancing the indoor-outdoor connection. A further door from the porch also grants access to the garage. Upstairs, you will find three spacious bedrooms, ideal for a growing family or guests, along with a family bathroom and a separate WC. Outside, the property boasts a large driveway with ample off-street parking for multiple vehicles, making it particularly convenient for families. The generous garden features a paved area that leads to a lush expanse, perfect for outdoor dining, play, or simply enjoying the fresh air. With its bright and airy feel, generous room sizes, and excellent outdoor space, this property offers a fantastic foundation for those looking to add their own touch. Whether you envision a contemporary family residence or a project with potential for value addition, this home is well worth viewing to appreciate its possibilities fully. Located in the peaceful suburb of Old Coulsdon, it provides easy access to local amenities, schools, and transport links, making it an excellent choice for families and commuters alike.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

40out of 100
Grade ELow opportunity

Confidence: MEDIUM

This three-bedroom semi-detached house on Caterham Drive presents a canvas for buyers eager to modernise and create a family home tailored to their taste. While the property features generously sized rooms and a good-sized garden, the interiors show significant signs of age, with dated fixtures in the living spaces, kitchen, and bathrooms. The spacious layout and connection to the outdoor area offer great potential for transformation, making this an exciting project for those looking to invest time and effort into a property with promise.

However, it's essential to note that the asking price of £525,000 translates to £516/sqf, which is about 7.8% above the local average of £479/sqf. When considering the renovation range of £40,000 to £80,000, the all-in costs could stretch to £585,000, leaving the overall investment above the implied local value of £487,041 for similar properties. This could limit the potential for immediate value add, making it crucial for buyers to weigh the renovation economics carefully before proceeding.

Key opportunities

  • Spacious layout ideal for modernisation
  • Generous garden space for outdoor improvements
  • Potential to create a contemporary family residence

Key risks

  • All-in costs could exceed local value benchmarks, impacting potential return on investment

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Map

Location

Caterham Drive, Old Coulsdon
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,983
Based on a loan of £393,750 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.

Tax

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Indicative tax based on the asking price and the options you select.

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