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Salmons Lane West, Caterham, Surrey CR3 - Image 1
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Salmons Lane West, Caterham, Surrey CR3

South East

£700,000

Listed on 04/06/2026

Property Details

Bedrooms
3
Type
Detached Bungalow

Description

This three-bedroom detached bungalow is strategically located near Caterham on the Hill High Street, offering a wealth of renovation and investment potential. The property features a spacious layout with flexible living areas, ideal for modern family life or to adapt for rental purposes. The ground floor includes a generous main reception room that overlooks a well-maintained rear garden, alongside two sizable double bedrooms equipped with built-in storage. A separate kitchen and family bathroom complete this level. Upstairs, you’ll find an additional double bedroom along with another bathroom, perfect for guests or as an office space. Both the living room and kitchen provide access to the landscaped outdoor area, which boasts a patio suitable for dining al fresco, mature borders, and easy access to the garage. With off-street parking available for up to four vehicles in front of the house, this property stands out in its convenience and adaptability. Local amenities are within walking distance including shops, cafes, and health services while excellent transport links connect you seamlessly to London and beyond. Given its prime location and versatile space, this home offers great potential for renovation that could significantly enhance its value.

Investment Analysis

(CR3 area)
Area Average
£447/sq ft
Avg Rent (weekly)
£358
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
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

Salmons Lane West, 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
£2,645
Based on a loan of £525,000 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.

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