2 Bed Flat, Single Let, CR3 6PU £265,000

Kearton Place, Caterham Valley, CR3 6PU - 2 views - 9 months ago

Sold STC

BTL

ROI: 3%

~68 m²

ValuationUndervalued

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

Square Metres	~68.11 m²
Price/m²	£3.9K/m²
Value Estimate	£297,407£297,407
BMV	12%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£66,250£66,250
Stamp Duty & Legal Fees	£9,900£9,900
Total Cash In	£76,150£76,150

Cash Out
Rent Range	£1,250 - £2,000£1,250 - £2,000
Rent Estimate	£1,312
Running Costs/mo	£1,111£1,111
Cashflow/mo	£201£201
Cashflow/yr	£2,418£2,418
ROI	3%3%
Gross Yield	6%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	Price/m²	m²	Beds	Type
£272.5K	07/21	0.07 mi	Flat 157b, Florence Court, Croydon Road, Caterham, Surrey CR3 6PF	-	-	2	Flat
£283K	04/25	0.15 mi	18, 119 Kingswood Place, Croydon Road, Caterham CR3 6DJ	£3,877	73	2	Flat
£283K	04/25	0.15 mi	18, 119 Kingswood Place, Croydon Road, Caterham CR3 6DJ	-	-	2	Flat
£107K	01/25	0.18 mi	Valley Court, 10, Beechwood Gardens, Caterham CR3 6NR	£2,019	53	2	Flat
£120K	11/24	0.21 mi	44, Stafford Rise, Caterham CR3 6JY	£1,875	64	2	Flat
£195K	03/23	0.22 mi	Flat 36, Asprey Court, Stafford Road, Caterham, Surrey CR3 6JX	-	-	2	Flat
£360K	03/25	0.26 mi	Apartment 2, 85 Orbital House, Croydon Road, Caterham CR3 6PD	£4,091	88	2	Flat
£360K	03/25	0.26 mi	Apartment 2, 85 Orbital House, Croydon Road, Caterham CR3 6PD	-	-	2	Flat
£290K	11/22	0.27 mi	1, Rogers Close, Caterham, Surrey CR3 6QW	-	-	2	Flat
£307K	11/24	0.31 mi	25a, Farningham Road, Caterham CR3 6LL	£4,264	72	2	Flat
£307.5K	03/25	0.31 mi	8, Furrows Place, Caterham CR3 5EH	£4,271	72	2	Flat
£307.5K	03/25	0.31 mi	8, Furrows Place, Caterham CR3 5EH	-	-	2	Flat
£315K	10/21	0.35 mi	3, Furrows Place, Caterham, Surrey CR3 5EH	-	-	2	Flat
£215K	05/21	0.35 mi	4, Furrows Place, Caterham, Surrey CR3 5EH	£3,041	71	2	Flat
£325K	12/22	0.35 mi	17, Furrows Place, Caterham, Surrey CR3 5EH	£4,794	68	2	Flat
£350K	03/25	0.38 mi	6, 12 Sherwood, Whyteleafe Road, Caterham CR3 5EE	£4,217	83	2	Flat
£300K	11/21	0.4 mi	14, Crescent Road, Caterham, Surrey CR3 6LE	£4,484	67	2	Flat
£307.5K	01/25	0.41 mi	6, Oaktree Walk, Caterham CR3 5JZ	£5,591	55	2	Flat
£300K	02/25	0.45 mi	The Hill, 17, Church Hill, Caterham CR3 6SD	£5,769	52	2	Flat
£290K	04/25	0.46 mi	15, The Hill, Church Hill, Caterham CR3 6SD	£5,088	57	2	Flat
£290K	04/25	0.46 mi	15, The Hill, Church Hill, Caterham CR3 6SD	-	-	2	Flat
£291.9K	07/25	0.47 mi	11, The Hill, Church Hill, Caterham CR3 6SD	-	-	2	Flat
£265K	03/23	0.47 mi	25a, High Street, Caterham, Surrey CR3 5UE	£3,786	70	2	Flat
£245K	02/23	0.47 mi	23a, High Street, Caterham, Surrey CR3 5UE	£3,594	68	2	Flat
£295K	08/25	0.47 mi	7, 1 Chandlers Place, Harestone Valley Road, Caterham CR3 6HL	-	-	2	Flat
£382.5K	11/24	0.5 mi	16, St Mary's Mount, Caterham CR3 6SJ	£4,069	94	2	Flat
£425K	11/24	0.5 mi	12, St Mary's Mount, Caterham CR3 6SJ	£4,167	102	2	Flat
£280K	04/23	0.51 mi	Flat 10, Devon House, Church Hill, Caterham, Surrey CR3 6SB	-	-	2	Flat
£517K	11/24	0.51 mi	The Gardens, Flat 6, Church Hill, Caterham CR3 6FR	£5,119	101	2	Flat
£190K	11/24	0.52 mi	Hillcroft Court, 44, Chaldon Road, Caterham CR3 5XB	£2,923	65	2	Flat
£360K	06/21	0.53 mi	10, St Marys Mount, Caterham, Surrey CR3 6SJ	-	-	2	Flat
£435K	06/23	0.53 mi	3, St Marys Mount, Caterham, Surrey CR3 6SJ	-	-	2	Flat
£275K	03/25	0.53 mi	2, Mountside, Church Hill, Caterham CR3 6SA	£4,104	67	2	Flat
£275K	03/25	0.53 mi	2, Mountside, Church Hill, Caterham CR3 6SA	-	-	2	Flat
£320K	01/23	0.54 mi	25, Eothen Close, Caterham, Surrey CR3 6JU	-	-	2	Flat
£350K	06/21	0.54 mi	30, Eothen Close, Caterham, Surrey CR3 6JU	-	-	2	Flat
£300K	04/23	0.54 mi	3, Eothen Close, Caterham, Surrey CR3 6JU	£4,545	66	2	Flat
£377.5K	06/21	0.54 mi	28, Eothen Close, Caterham, Surrey CR3 6JU	£4,548	83	2	Flat
£290K	03/25	0.55 mi	10, Mountside, Church Hill, Caterham CR3 6SA	£4,143	70	2	Flat
£395K	11/24	0.6 mi	14, Churchview Close, Caterham CR3 6EZ	£3,405	116	2	Flat
£300K	03/25	0.6 mi	10, Churchview Close, Caterham CR3 6EZ	£3,093	97	2	Flat
£475K	02/25	0.62 mi	9 Chapman House, 6, Stanstead Road, Caterham CR3 6AD	£4,358	109	2	Flat
£515K	03/25	0.62 mi	1, 9 Chapman House, Stanstead Road, Caterham CR3 6AD	£3,931	131	2	Flat
£324.5K	05/21	0.66 mi	78, Banstead Road, Caterham, Surrey CR3 5QE	£4,843	67	2	Flat
£280K	06/23	0.69 mi	Flat 12, Elizabeth House, Godstone Road, Caterham, Surrey CR3 6RF	-	-	2	Flat
£305K	01/25	0.72 mi	86 Richmond House, 4, Harestone Valley Road, Caterham CR3 6HF	£5,000	61	2	Flat
£295K	06/25	0.73 mi	6, Russett Court, Tupwood Lane, Caterham CR3 6DA	£4,403	67	2	Flat
£295K	06/25	0.73 mi	6, Russett Court, Tupwood Lane, Caterham CR3 6DA	-	-	2	Flat
£245K	11/22	0.81 mi	Flat, 52a, Westway, Caterham, Surrey CR3 5TP	£2,858	86	2	Flat
£285K	12/24	0.82 mi	47 49 Holm Court, 10, Westway, Caterham CR3 5TQ	£4,597	62	2	Flat

Local Rents

50 rents from £1.3K/mo to £2K/mo, average is £1.6K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,350	07/25	0.02 mi	Caterham	2	Flat
£1,750	06/25	0.05 mi	Croydon Road, Caterham	2	Flat
£1,450	11/25	0.06 mi	Croydon Road, CR3	2	Flat
£1,850	05/25	0.08 mi	Croydon Road Caterham CR3	2	Flat
£1,650	10/25	0.08 mi	Croydon Road Caterham CR3	2	Flat
£1,850	06/25	0.09 mi	Croydon Road, Caterham	2	Flat
£1,550	12/24	0.1 mi	Croydon Road, Caterham, CR3	2	Flat
£1,550	03/24	0.1 mi	-	2	Flat
£1,450	08/25	0.1 mi	2 bedroom First Floor Apartment in Caterham Valley	2	Flat
£1,550	01/25	0.1 mi	-	2	Flat
£1,600	10/25	0.11 mi	Croydon Road, Caterham, Surrey, CR3	2	Flat
£1,700	11/25	0.11 mi	Ashton Court Croydon Road CR3	2	Flat
£1,600	05/25	0.12 mi	High Trees, CR3	2	Flat
£1,500	08/25	0.12 mi	High Trees Close Caterham CR3	2	Flat
£1,450	12/24	0.13 mi	Beechwood Road, Caterham	2	Flat
£1,400	11/25	0.15 mi	Caterham Valley	2	Flat
£1,450	07/25	0.15 mi	2 bedroom Second Floor Flat in Caterham Valley	2	Flat
£1,250	12/24	0.16 mi	-	2	Flat
£1,600	09/25	0.17 mi	Commonwealth Road Caterham CR3	2	Terraced House
£1,775	11/25	0.17 mi	-	2	Terraced House
£1,475	07/25	0.18 mi	2 bedroom First Floor Apartment in Caterham Valley	2	Flat
£1,470	02/25	0.22 mi	-	2	Flat
£1,750	08/25	0.22 mi	Beechwood Gardens, Caterham	2	Semi-Detached House
£1,750	10/25	0.22 mi	Beechwood Gardens, Caterham	2	Semi-Detached House
£2,000	08/25	0.22 mi	-	2	Detached House
£2,000	07/25	0.22 mi	Milner Road, Caterham, CR3	2	Detached House
£1,500	12/24	0.24 mi	Stafford Road, Caterham, Surrey, CR3	2	Flat
£1,700	12/24	0.26 mi	2 bedroom Semi Detached House in Caterham Valley	2	Flat
£1,750	08/25	0.26 mi	2 bedroom Semi Detached House in Caterham Valley	2	House
£1,300	12/24	0.27 mi	Colin Road, Caterham, Surrey, CR3	2	Flat
£1,400	07/24	0.27 mi	-	2	Flat
£1,650	10/25	0.29 mi	Croydon Road	2	Flat
£1,400	03/25	0.29 mi	-	2	Flat
£1,550	12/23	0.31 mi	-	2	Flat
£1,700	09/25	0.37 mi	Mount Pleasant Road, Caterham	2	House
£1,750	09/25	0.37 mi	Croydon Road, Caterham	2	Flat
£1,400	04/24	0.38 mi	-	2	Flat
£1,650	09/25	0.4 mi	Croydon Road, Caterham	2	Flat
£1,295	06/25	0.4 mi	Crescent Road, Caterham	2	Flat
£1,575	09/25	0.42 mi	Stafford Road Caterham CR3	2	Detached House
£1,950	03/24	0.43 mi	-	2	Flat
£1,950	12/24	0.43 mi	Timber Hill Road, Caterham, CR3	2	Flat
£1,800	03/24	0.43 mi	-	2	Flat
£1,950	09/25	0.44 mi	Croydon Road, Caterham	2	Terraced House
£1,450	12/24	0.45 mi	Caterham, Surrey	2	Flat
£1,450	12/24	0.45 mi	-	2	Flat
£1,650	09/25	0.47 mi	High Street, Caterham	2	Detached House
£1,500	09/25	0.47 mi	Caterham On The Hill	2	Flat
£1,500	08/25	0.47 mi	Caterham On The Hill	2	Flat
£1,250	07/25	0.48 mi	2 bedroom Top Floor Flat in Caterham On The Hill	2	Flat

Local Area Statistics

Population in CR3	28,74828,748
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.41 miles away0.41 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-22%-22%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+22%+22%

Property History

Listed for £265,000

February 18, 2025

Floor Plans

Description

2 Bedrooms +
Share of freehold +
CHAIN FREE +
Newly refurbished +
Double aspect living room +
Bright & airy +
Close to Caterham Valley station +
Close to Caterham Valley high street +
Parking out the back +
EPC rating C +

#JT0455 - This newly refurbished, chain free, 625sqft, 2 bedroom, share of freehold apartment in Caterham Valley is the ideal for first time buyers, commuters or investors.

Agent Details

Jack Terry Property, Powered by eXp UK, Covering Tandridge, Croydon & South London

020 3476 9580

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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