2 Bed Flat, Single Let, CR3 6RA £260,000

18a Godstone Road, Caterham, Surrey, CR3 6RA - 2 views - a year ago
Leasehold
BTL
ROI: 3%
~81 m²
Property image

ValuationUndervalued

Sold Prices£107K - £517K
Sold Prices/m²£1.9K/m² - £5.8K/m²

 

 

Square Metres

~81.30 m²
Price/m²£3.2K/m²

Value Estimate

£322,400
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£17,200

Total Cash In

£82,200

 

 

Cash Out

 

Rent Range

£1,250 - £2,750

Rent Estimate

£1,299

Running Costs/mo

£1,092

Cashflow/mo

£207

Cashflow/yr

£2,480

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £107K to £517K, average is £300K. £1.9K/m² to £5.8K/m², average is £4.2K/m².

Price
Date
Distance
Address
Beds
 
£300K11/210.1 mi14, Crescent Road, Caterham, Surrey CR3 6LE2
£395K11/240.11 mi14, Churchview Close, Caterham CR3 6EZ2
£300K03/250.11 mi10, Churchview Close, Caterham CR3 6EZ2
£295K08/250.13 mi7, 1 Chandlers Place, Harestone Valley Road, Caterham CR3 6HL2
£320K01/230.17 mi25, Eothen Close, Caterham, Surrey CR3 6JU2
£350K06/210.17 mi30, Eothen Close, Caterham, Surrey CR3 6JU2
£300K04/230.17 mi3, Eothen Close, Caterham, Surrey CR3 6JU2
£377.5K06/210.17 mi28, Eothen Close, Caterham, Surrey CR3 6JU2
£280K06/230.2 miFlat 12, Elizabeth House, Godstone Road, Caterham, Surrey CR3 6RF2
£307K11/240.2 mi25a, Farningham Road, Caterham CR3 6LL2
£280K04/230.23 miFlat 10, Devon House, Church Hill, Caterham, Surrey CR3 6SB2
£290K04/250.25 mi15, The Hill, Church Hill, Caterham CR3 6SD2
£290K04/250.25 mi15, The Hill, Church Hill, Caterham CR3 6SD2
£291.9K07/250.25 mi11, The Hill, Church Hill, Caterham CR3 6SD2
£300K02/250.25 miThe Hill, 17, Church Hill, Caterham CR3 6SD2
£295K06/250.27 mi6, Russett Court, Tupwood Lane, Caterham CR3 6DA2
£295K06/250.27 mi6, Russett Court, Tupwood Lane, Caterham CR3 6DA2
£275K03/250.27 mi2, Mountside, Church Hill, Caterham CR3 6SA2
£275K03/250.27 mi2, Mountside, Church Hill, Caterham CR3 6SA2
£360K03/250.28 miApartment 2, 85 Orbital House, Croydon Road, Caterham CR3 6PD2
£360K03/250.28 miApartment 2, 85 Orbital House, Croydon Road, Caterham CR3 6PD2
£517K11/240.3 miThe Gardens, Flat 6, Church Hill, Caterham CR3 6FR2
£290K03/250.32 mi10, Mountside, Church Hill, Caterham CR3 6SA2
£425K11/240.35 mi12, St Mary's Mount, Caterham CR3 6SJ2
£382.5K11/240.36 mi16, St Mary's Mount, Caterham CR3 6SJ2
£360K06/210.36 mi10, St Marys Mount, Caterham, Surrey CR3 6SJ2
£435K06/230.36 mi3, St Marys Mount, Caterham, Surrey CR3 6SJ2
£283K04/250.37 mi18, 119 Kingswood Place, Croydon Road, Caterham CR3 6DJ2
£283K04/250.37 mi18, 119 Kingswood Place, Croydon Road, Caterham CR3 6DJ2
£195K03/230.4 miFlat 36, Asprey Court, Stafford Road, Caterham, Surrey CR3 6JX2
£272.5K07/210.44 miFlat 157b, Florence Court, Croydon Road, Caterham, Surrey CR3 6PF2
£305K01/250.47 mi86 Richmond House, 4, Harestone Valley Road, Caterham CR3 6HF2
£475K02/250.47 mi9 Chapman House, 6, Stanstead Road, Caterham CR3 6AD2
£515K03/250.47 mi1, 9 Chapman House, Stanstead Road, Caterham CR3 6AD2
£350K03/250.52 mi6, 12 Sherwood, Whyteleafe Road, Caterham CR3 5EE2
£307.5K03/250.53 mi8, Furrows Place, Caterham CR3 5EH2
£307.5K03/250.53 mi8, Furrows Place, Caterham CR3 5EH2
£315K10/210.56 mi3, Furrows Place, Caterham, Surrey CR3 5EH2
£215K05/210.56 mi4, Furrows Place, Caterham, Surrey CR3 5EH2
£290K11/220.56 mi1, Rogers Close, Caterham, Surrey CR3 6QW2
£325K12/220.57 mi17, Furrows Place, Caterham, Surrey CR3 5EH2
£107K01/250.61 miValley Court, 10, Beechwood Gardens, Caterham CR3 6NR2
£255K09/210.63 miFlat 4, Newstead House, Markfield Road, Caterham, Surrey CR3 6RN2
£120K11/240.69 mi44, Stafford Rise, Caterham CR3 6JY2
£265K03/230.69 mi25a, High Street, Caterham, Surrey CR3 5UE2
£245K02/230.69 mi23a, High Street, Caterham, Surrey CR3 5UE2
£190K11/240.74 miHillcroft Court, 44, Chaldon Road, Caterham CR3 5XB2
£307.5K01/250.75 mi6, Oaktree Walk, Caterham CR3 5JZ2
£327.5K03/250.94 miFlat 4, 110 Clifton Place, Chaldon Road, Caterham CR3 5PH2
£324.5K05/210.98 mi78, Banstead Road, Caterham, Surrey CR3 5QE2

Local Rents

50 rents from £1.3K/mo to £2.8K/mo, average is £1.6K/mo.

Rent
Date
Distance
Address
Beds
 
£1,50005/250 miGodstone Road, Caterham2
£1,65011/250.01 miGodstone Road Caterham CR32
£1,45012/240.05 miCaterham, Surrey2
£1,95012/240.06 miTimber Hill Road, Caterham, CR32
£1,95003/240.06 mi-2
£1,55010/250.07 mi2 bedroom Ground Floor Apartment in Caterham Valley2
£1,80003/240.07 mi-2
£1,80011/230.09 mi-2
£1,65011/250.09 miCaterham 2
£1,70010/250.1 miChurchview Close Caterham CR32
£1,65010/250.11 mi2 bedroom First Floor Apartment in Caterham Valley2
£1,29506/250.11 miCrescent Road, Caterham2
£1,65011/250.11 miCaterham2
£1,40004/240.12 mi-2
£1,45011/250.13 mi2 bedroom Purpose Built Flat in Caterham Valley2
£1,55007/250.13 mi2 bedroom First Floor Flat in Caterham Valley2
£1,65009/250.13 miCaterham2
£1,60009/250.13 miCroydon Road, Caterham2
£1,70009/250.14 miMount Pleasant Road, Caterham2
£1,75009/250.14 miCroydon Road, Caterham2
£1,55012/230.21 mi-2
£1,50005/250.22 miTupwood Lane, Caterham2
£1,40007/240.22 mi-2
£1,47504/240.23 mi-2
£1,60011/250.23 mi-2
£1,40010/250.23 miChurch Hill, Caterham2
£1,30012/240.24 miColin Road, Caterham, Surrey, CR32
£1,65010/250.26 miCroydon Road2
£1,44905/230.29 mi-2
£1,50006/250.29 miTavistock Court, Tupwood Lane, Caterham2
£2,75010/240.3 mi-2
£1,47507/250.31 mi2 bedroom First Floor Apartment in Caterham Valley2
£1,35007/250.31 miMountside, Church Hill, Caterham, Surrey, CR32
£1,60009/250.32 miCommonwealth Road Caterham CR32
£1,45011/250.33 miCaterham2
£1,50012/240.34 miWindrushes Caterham CR32
£1,25012/240.35 mi-2
£1,95012/240.36 miSt. Mary's Mount Caterham CR32
£1,45007/250.37 mi2 bedroom Second Floor Flat in Caterham Valley2
£1,50012/240.38 miStafford Road, Caterham, Surrey, CR32
£1,45008/250.4 mi2 bedroom First Floor Apartment in Caterham Valley2
£1,62511/250.4 mi2 bedroom Purpose Built Apartment in Caterham Valley2
£1,70011/250.41 miAshton Court Croydon Road CR32
£1,60011/250.41 miCroydon Road, Caterham, Surrey, CR32
£1,55010/250.41 miHarestone Valley Road, CATERHAM2
£1,85006/250.43 miCroydon Road, Caterham2
£1,85005/250.43 miCroydon Road Caterham CR32
£1,65010/250.43 miCroydon Road Caterham CR32
£1,75006/250.45 miCroydon Road, Caterham2
£1,45011/250.45 miCroydon Road, CR32

Local Area Statistics

Population in CR3

28,748

Nearest school

0.50 miles away

Nearest train station

0.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-22%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Price changed to £260,000

June 12, 2025

Price changed to £200,000

November 8, 2024

Listed for £210,000

June 7, 2024

Floor Plans

Property image

Description

This split level, top floor apartment is located in the centre of Caterham. The property is accessed from the rear and a shared hall way leads to the inner lobby with stairs to the split level landing. There is a good sized front aspect lounge/diner and a separate fitted kitchen with space for appliances. There are two double bedrooms, one to the front and one to the rear as well as a fitted family bathroom with a white suite and tiled walls. Outside to the rear, there is allocated parking. The property is offered with no onward chain.

The property is situated a short walk from the bustling town centre and comprehensive facilities of Caterham Valley. Caterham offers a range of shops and supermarkets including a Waitrose and Morrison’s as well as public houses, restaurants and coffee shops. Caterham station provides direct trains to both London Victoria and London Bridge via East Croydon and there are bus services to other local towns nearby. There are a number of golf clubs, Caterham Rugby Club, bowls and cricket clubs locally and the De Stafford Sports and Leisure centre offers a further range of facilities. Caterham offers a range of schools for children of all ages. The local area is surrounded by miles of open countryside including the Surrey Hills, an Area of Outstanding Natural Beauty and the North Downs Way.

Agent Details

Bairstow Eves, Caterham

01883 771097

Next Steps?

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