2 Bed Flat, Single Let, CR3 5XP £270,000

10 Nicholls Close, Caterham - 1 views - a year ago
Sold STC
Leasehold
BTL
ROI: 3%
~67 m²
Property image

ValuationUndervalued

Sold Prices£132K - £515K
Sold Prices/m²£1.8K/m² - £6.7K/m²

 

 

Square Metres

~66.52 m²
Price/m²£4.1K/m²

Value Estimate

£279,194
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£18,200

Total Cash In

£85,700

 

 

Cash Out

 

Rent Range

£1,200 - £1,850

Rent Estimate

£1,380

Running Costs/mo

£1,140

Cashflow/mo

£240

Cashflow/yr

£2,883

ROI

3%

Gross Yield

6%

Local Sold Prices

39 sold prices from £132K to £515K, average is £307.5K. £1.8K/m² to £6.7K/m², average is £4.2K/m².

Price
Date
Distance
Address
Beds
 
£143.8K04/230.05 mi4, Sergeants Place, Caterham, Surrey CR3 5ZD2
£325K05/210.09 mi7, Brigade Place, Caterham, Surrey CR3 5ZU2
£270K12/240.14 mi125, Coulsdon Road, Caterham, Surrey CR3 5NJ2
£257.5K06/210.15 mi213, Coulsdon Road, Caterham, Surrey CR3 5NW2
£330K09/210.16 mi12, Coldstream Road, Caterham, Surrey CR3 5ZA2
£335K05/230.16 mi20, Coldstream Road, Caterham, Surrey CR3 5ZA2
£370K11/240.18 miBoundary Point, 22, Coldstream Road, Caterham CR3 5DU2
£132K02/230.23 mi33, Weston Drive, Caterham, Surrey CR3 5XY2
£285K12/240.29 mi47 49 Holm Court, 10, Westway, Caterham CR3 5TQ2
£245K11/220.29 miFlat, 52a, Westway, Caterham, Surrey CR3 5TP2
£292K07/230.3 mi53, Addison Road, Caterham, Surrey CR3 5LU2
£279K01/230.31 mi11, Drew Place, Caterham, Surrey CR3 5FE2
£275K03/230.31 mi13, Drew Place, Caterham, Surrey CR3 5FE2
£310K02/230.35 mi3, The Grove, Caterham, Surrey CR3 5QD2
£267K10/210.38 mi120, Eldon Road, Caterham, Surrey CR3 5JS2
£324.5K05/210.42 mi78, Banstead Road, Caterham, Surrey CR3 5QE2
£327.5K03/250.44 miFlat 4, 110 Clifton Place, Chaldon Road, Caterham CR3 5PH2
£259K05/250.53 mi4, Shaw Court, Ninehams Road, Caterham CR3 5LG2
£259K05/250.53 mi4, Shaw Court, Ninehams Road, Caterham CR3 5LG2
£190K11/240.57 miHillcroft Court, 44, Chaldon Road, Caterham CR3 5XB2
£265K03/230.63 mi25a, High Street, Caterham, Surrey CR3 5UE2
£245K02/230.63 mi23a, High Street, Caterham, Surrey CR3 5UE2
£307.5K01/250.65 mi6, Oaktree Walk, Caterham CR3 5JZ2
£325K12/220.76 mi17, Furrows Place, Caterham, Surrey CR3 5EH2
£315K10/210.77 mi3, Furrows Place, Caterham, Surrey CR3 5EH2
£215K05/210.77 mi4, Furrows Place, Caterham, Surrey CR3 5EH2
£350K03/250.8 mi6, 12 Sherwood, Whyteleafe Road, Caterham CR3 5EE2
£307.5K03/250.81 mi8, Furrows Place, Caterham CR3 5EH2
£307.5K03/250.81 mi8, Furrows Place, Caterham CR3 5EH2
£475K02/250.94 mi9 Chapman House, 6, Stanstead Road, Caterham CR3 6AD2
£515K03/250.94 mi1, 9 Chapman House, Stanstead Road, Caterham CR3 6AD2
£195K03/230.96 miFlat 36, Asprey Court, Stafford Road, Caterham, Surrey CR3 6JX2
£382.5K11/240.98 mi16, St Mary's Mount, Caterham CR3 6SJ2
£322.5K10/240.99 mi47, Waddington Avenue, Coulsdon CR5 1QG2
£322.5K10/240.99 mi47, Waddington Avenue, Coulsdon CR5 1QG2
£425K11/240.99 mi12, St Mary's Mount, Caterham CR3 6SJ2
£252K08/210.99 mi49, Waddington Avenue, Coulsdon, Greater London CR5 1QG2
£360K06/211 mi10, St Marys Mount, Caterham, Surrey CR3 6SJ2
£435K06/231 mi3, St Marys Mount, Caterham, Surrey CR3 6SJ2

Local Rents

23 rents from £1.2K/mo to £1.9K/mo, average is £1.6K/mo.

Rent
Date
Distance
Address
Beds
 
£1,75012/240.09 mi-2
£1,60007/250.09 miFirs Close, Caterham2
£1,45005/250.17 miCoulsdon Road, Caterham2
£1,85011/250.22 miFrancis Road, Caterham2
£1,65012/240.24 miCaterham, Surrey, CR32
£1,45012/240.25 miWestway, Caterham, Surrey, CR32
£1,60003/250.26 mi-2
£1,40010/250.31 mi-2
£1,65010/250.36 miBanstead Road Caterham CR32
£1,75007/250.38 mi-2
£1,67509/250.38 mi13 Driscoll WayCaterhamSurrey2
£1,65012/240.39 miDriscoll Way, CR32
£1,65007/250.39 miDriscoll Way, CR32
£1,65012/240.39 miDriscoll Way, Caterham, Surrey2
£1,65001/250.44 mi-2
£1,40006/250.46 miChaldon Road , Caterham 2
£1,49510/250.46 miCaterham On The Hill2
£1,45011/250.51 miShaw Court, Caterham2
£1,38005/250.51 miNinehams Road, Caterham, CR32
£1,38007/250.51 mi-2
£1,39512/240.54 miCaterham on the Hill2
£1,20006/250.59 miCaterham On The Hill2
£1,25010/250.61 mi4a High Street Caterham Surrey 2

Local Area Statistics

Population in CR3

28,748

Nearest school

0.50 miles away

Nearest train station

1.16 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 £270,000

January 31, 2025

Listed for £280,000

October 31, 2024

Floor Plans

Property image

Description

  • Part of the Village development with it's range of amenities +
  • Two bedroom ground floor apartment +
  • Two double bedrooms with master providing en-suite facility +
  • Open plan reception incorporating modern kitchen +
  • Allocated parking +

Nestled within the esteemed Village development, a testament to modern living at its finest, this ground floor apartment presents a rare opportunity for those seeking a harmonious blend of contemporary comfort and convenience. Boasting two generously proportioned double bedrooms, including a master suite with its private en-suite facility, this residence offers a tranquil retreat set amidst the vibrancy of urban life.

Bathed in natural light, the hub of the home is the open plan reception area and a sleek modern kitchen. The thoughtful design and quality finishes throughout the living space exude elegance and style, creating an inviting ambience for both relaxation and entertainment alike.

The master bedroom, a sanctuary of comfort and privacy, provides the perfect space to unwind after a long day, while the second bedroom offers versatility for guests or home office use. Both bedrooms are havens of tranquillity, offering ample natural light and ample storage space to meet the demands of modern living.

With allocated parking, the convenience of urban living is further complemented by the ease of access to transportation links and local amenities, all within reach on the Village development. Whether strolling across the local cricket green, exploring Coulsdon Common, or enjoying the array of amenities nearby, this property encapsulates the perfect balance between serenity and connectivity. As part of our provision, we may offer ancillary services to assist with your transaction. With your consent we will refer your details to a select group of providers. There is no obligation to provide your consent, or to uptake any of these services, but where you do, you should be aware of the following referral fee information: Cook Taylor Woodhouse Solicitors – £250 Taylor Rose Solicitors – £250 Hawke Financial Services – 30% Arnold & Baldwin Surveyors – 10% Huxley – 10% Atrium Surveyors - £25

EPC Rating: C

Agent Details

Park & Bailey, Caterham on the Hill

01883 779626

Next Steps?

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