2 Bed Flat, Single Let, CR3 6QD £200,000

Croydon Road, Mulberry Court, CR3 6QD - 1 views - 10 months ago
Leasehold
BTL
ROI: 7%
~61 m²
Property image

ValuationUndervalued

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

 

 

Square Metres

~60.94 m²
Price/m²£3.3K/m²

Value Estimate

£248,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£62,700

 

 

Cash Out

 

Rent Range

£1,250 - £2,750

Rent Estimate

£1,250

Running Costs/mo

£895

Cashflow/mo

£355

Cashflow/yr

£4,260

ROI

7%

Gross Yield

8%

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
 
£272.5K07/210.03 miFlat 157b, Florence Court, Croydon Road, Caterham, Surrey CR3 6PF2
£283K04/250.08 mi18, 119 Kingswood Place, Croydon Road, Caterham CR3 6DJ2
£283K04/250.08 mi18, 119 Kingswood Place, Croydon Road, Caterham CR3 6DJ2
£195K03/230.16 miFlat 36, Asprey Court, Stafford Road, Caterham, Surrey CR3 6JX2
£360K03/250.17 miApartment 2, 85 Orbital House, Croydon Road, Caterham CR3 6PD2
£360K03/250.17 miApartment 2, 85 Orbital House, Croydon Road, Caterham CR3 6PD2
£307K11/240.22 mi25a, Farningham Road, Caterham CR3 6LL2
£107K01/250.25 miValley Court, 10, Beechwood Gardens, Caterham CR3 6NR2
£307.5K03/250.29 mi8, Furrows Place, Caterham CR3 5EH2
£307.5K03/250.29 mi8, Furrows Place, Caterham CR3 5EH2
£120K11/240.29 mi44, Stafford Rise, Caterham CR3 6JY2
£290K11/220.3 mi1, Rogers Close, Caterham, Surrey CR3 6QW2
£315K10/210.32 mi3, Furrows Place, Caterham, Surrey CR3 5EH2
£215K05/210.32 mi4, Furrows Place, Caterham, Surrey CR3 5EH2
£300K11/210.32 mi14, Crescent Road, Caterham, Surrey CR3 6LE2
£325K12/220.33 mi17, Furrows Place, Caterham, Surrey CR3 5EH2
£350K03/250.34 mi6, 12 Sherwood, Whyteleafe Road, Caterham CR3 5EE2
£300K02/250.37 miThe Hill, 17, Church Hill, Caterham CR3 6SD2
£290K04/250.37 mi15, The Hill, Church Hill, Caterham CR3 6SD2
£290K04/250.37 mi15, The Hill, Church Hill, Caterham CR3 6SD2
£291.9K07/250.39 mi11, The Hill, Church Hill, Caterham CR3 6SD2
£295K08/250.39 mi7, 1 Chandlers Place, Harestone Valley Road, Caterham CR3 6HL2
£280K04/230.42 miFlat 10, Devon House, Church Hill, Caterham, Surrey CR3 6SB2
£382.5K11/240.42 mi16, St Mary's Mount, Caterham CR3 6SJ2
£517K11/240.43 miThe Gardens, Flat 6, Church Hill, Caterham CR3 6FR2
£425K11/240.43 mi12, St Mary's Mount, Caterham CR3 6SJ2
£307.5K01/250.43 mi6, Oaktree Walk, Caterham CR3 5JZ2
£360K06/210.45 mi10, St Marys Mount, Caterham, Surrey CR3 6SJ2
£435K06/230.45 mi3, St Marys Mount, Caterham, Surrey CR3 6SJ2
£275K03/250.45 mi2, Mountside, Church Hill, Caterham CR3 6SA2
£275K03/250.45 mi2, Mountside, Church Hill, Caterham CR3 6SA2
£320K01/230.46 mi25, Eothen Close, Caterham, Surrey CR3 6JU2
£350K06/210.46 mi30, Eothen Close, Caterham, Surrey CR3 6JU2
£300K04/230.46 mi3, Eothen Close, Caterham, Surrey CR3 6JU2
£377.5K06/210.46 mi28, Eothen Close, Caterham, Surrey CR3 6JU2
£265K03/230.46 mi25a, High Street, Caterham, Surrey CR3 5UE2
£245K02/230.46 mi23a, High Street, Caterham, Surrey CR3 5UE2
£290K03/250.47 mi10, Mountside, Church Hill, Caterham CR3 6SA2
£190K11/240.51 miHillcroft Court, 44, Chaldon Road, Caterham CR3 5XB2
£395K11/240.52 mi14, Churchview Close, Caterham CR3 6EZ2
£300K03/250.52 mi10, Churchview Close, Caterham CR3 6EZ2
£475K02/250.55 mi9 Chapman House, 6, Stanstead Road, Caterham CR3 6AD2
£515K03/250.55 mi1, 9 Chapman House, Stanstead Road, Caterham CR3 6AD2
£280K06/230.6 miFlat 12, Elizabeth House, Godstone Road, Caterham, Surrey CR3 6RF2
£295K06/250.64 mi6, Russett Court, Tupwood Lane, Caterham CR3 6DA2
£295K06/250.64 mi6, Russett Court, Tupwood Lane, Caterham CR3 6DA2
£305K01/250.65 mi86 Richmond House, 4, Harestone Valley Road, Caterham CR3 6HF2
£324.5K05/210.68 mi78, Banstead Road, Caterham, Surrey CR3 5QE2
£245K11/220.81 miFlat, 52a, Westway, Caterham, Surrey CR3 5TP2
£327.5K03/250.81 miFlat 4, 110 Clifton Place, Chaldon Road, Caterham CR3 5PH2

Local Rents

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

Rent
Date
Distance
Address
Beds
 
£1,85005/250.03 miCroydon Road Caterham CR32
£1,65010/250.03 miCroydon Road Caterham CR32
£1,75006/250.04 miCroydon Road, Caterham2
£1,45011/250.04 miCroydon Road, CR32
£1,85006/250.04 miCroydon Road, Caterham2
£1,60011/250.04 miCroydon Road, Caterham, Surrey, CR32
£1,70011/250.05 miAshton Court Croydon Road CR32
£1,45008/250.05 mi2 bedroom First Floor Apartment in Caterham Valley2
£1,25012/240.07 mi-2
£1,35007/250.07 miCaterham 2
£1,45007/250.08 mi2 bedroom Second Floor Flat in Caterham Valley2
£1,60009/250.09 miCommonwealth Road Caterham CR32
£1,60005/250.1 miHigh Trees, CR32
£1,50008/250.1 miHigh Trees Close Caterham CR32
£1,47507/250.1 mi2 bedroom First Floor Apartment in Caterham Valley2
£1,40011/250.14 miCaterham Valley2
£1,50012/240.17 miStafford Road, Caterham, Surrey, CR32
£1,55012/240.17 miCroydon Road, Caterham, CR32
£1,55003/240.17 mi-2
£1,55001/250.17 mi-2
£1,30012/240.18 miColin Road, Caterham, Surrey, CR32
£1,40007/240.19 mi-2
£1,45012/240.19 miBeechwood Road, Caterham2
£1,65010/250.2 miCroydon Road2
£1,55012/230.23 mi-2
£1,77511/250.25 mi-2
£1,47002/250.28 mi-2
£1,75008/250.28 miBeechwood Gardens, Caterham2
£1,75010/250.28 miBeechwood Gardens, Caterham2
£1,70009/250.28 miMount Pleasant Road, Caterham2
£1,75009/250.28 miCroydon Road, Caterham2
£1,40004/240.3 mi-2
£1,70012/240.31 mi2 bedroom Semi Detached House in Caterham Valley2
£1,75008/250.31 mi2 bedroom Semi Detached House in Caterham Valley2
£2,00008/250.31 mi-2
£2,00007/250.31 miMilner Road, Caterham, CR32
£1,60009/250.31 miCroydon Road, Caterham2
£1,29506/250.31 miCrescent Road, Caterham2
£1,40003/250.34 mi-2
£1,80003/240.35 mi-2
£1,95003/240.35 mi-2
£1,95012/240.35 miTimber Hill Road, Caterham, CR32
£1,45012/240.37 miCaterham, Surrey2
£1,50005/250.41 miGodstone Road, Caterham2
£1,65011/250.41 miGodstone Road Caterham CR32
£1,47504/240.42 mi-2
£1,60011/250.42 mi-2
£1,40010/250.42 miChurch Hill, Caterham2
£2,75010/240.42 mi-2
£1,55010/250.43 mi2 bedroom Ground Floor Apartment in Caterham Valley2

Local Area Statistics

Population in CR3

28,748

Nearest school

0.40 miles away

Nearest train station

0.32 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 £200,000

May 15, 2025

Listed for £210,000

January 8, 2025

Floor Plans

Property image

Description

  • Two Bedroom Apartment +
  • Open Plan Kitchen/Living/Dining Room +
  • Residence Parking +
  • Communal Garden +
  • Less Than 0.5 Miles To Caterham Train Station +

Guide Price £200,000 - £220,000. Introducing this charming 2-bedroom apartment with no onward chain!

As you step into the property, you are greeted by an inviting and spacious entrance hall with ample space for coats and shoes, complemented by laminate flooring that flows seamlessly throughout. The heart of the home lies in the open plan kitchen/living/dining room, featuring a practical breakfast bar for casual dining.

The main bedroom is a generous size and boasts generous built-in wardrobes, while the second bedroom presents a versatile opportunity to create a dedicated work-from-home space. The family bathroom is well designed with its half tile finish around the bath. Residents can benefit from parking on the premises, and the added convenience of a communal garden to unwind.

Located less than 0.5 miles from Caterham Train Station, commuting is a breeze. Being this close to the town also provided great convenience as you are within walking distance to all shops, supermarkets and other general amenities Caterham has to offer. Lease Leangth - 104 years Service Charge - £1112 (Approx) Per 6 Months Ground Rent - £300 PA Location - Caterham, located in East Surrey, is bordered by the picturesque Surrey Hills on one side and London on the other. The town is divided by a valley, with Caterham on the Hill and Caterham Valley on either side, and the town centre situated in between. Caterham is renowned for the prestigious Caterham School, attracting numerous families and commuters who can reach London in just 40 minutes via Caterham Train Station. In Caterham, residents have access to a range of local shops and amenities, along with charming cafés and restaurants. Enjoy a delightful dinner at Casa Lola tapas restaurant or grab a coffee and pastry at FILTR as you pass by. The town hosts various monthly and annual events, including comedy clubs, beer festivals, art exhibitions, and outdoor activities like horse riding, golf, and rambling.

EPC Rating: C

Agent Details

Move Revolution, Covering Surrey/Sussex

01737 301581

Next Steps?

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