2 Bed Flat, Refurb/BRRR, CR3 6DA £325,000

Tupwood Lane, Tavistock Court, CR3 6DA - 8 months ago
Leasehold
Refurb/BRRR
ROI: 1%
~70 m²
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ValuationOvervalued

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

 

 

Square Metres

~69.86 m²
Price/m²£4.7K/m²

Value Estimate

£300,225

 

 

End Value (After Refurb)

£343,408

Uplift in Value

+6%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£23,700

Refurb Costs

£35,155

Bridging Loan Interest

£8,531

Total Cash In

£150,387

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£343,408

Mortgage (After Refinance)

£257,556

Mortgage LTV

75%

Cash Released

£13,806

Cash Left In

£136,580

Equity

£85,852

Rent Range

£1,295 - £2,750

Rent Estimate

£1,550

Running Costs/mo

£1,403

Cashflow/mo

£147

Cashflow/yr

£1,762

ROI

1%

Gross Yield

6%

Local Sold Prices

49 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
 
£295K06/250.03 mi6, Russett Court, Tupwood Lane, Caterham CR3 6DA2
£295K06/250.03 mi6, Russett Court, Tupwood Lane, Caterham CR3 6DA2
£280K06/230.16 miFlat 12, Elizabeth House, Godstone Road, Caterham, Surrey CR3 6RF2
£320K01/230.2 mi25, Eothen Close, Caterham, Surrey CR3 6JU2
£350K06/210.2 mi30, Eothen Close, Caterham, Surrey CR3 6JU2
£300K04/230.2 mi3, Eothen Close, Caterham, Surrey CR3 6JU2
£377.5K06/210.2 mi28, Eothen Close, Caterham, Surrey CR3 6JU2
£395K11/240.24 mi14, Churchview Close, Caterham CR3 6EZ2
£300K03/250.24 mi10, Churchview Close, Caterham CR3 6EZ2
£295K08/250.27 mi7, 1 Chandlers Place, Harestone Valley Road, Caterham CR3 6HL2
£280K04/230.27 miFlat 10, Devon House, Church Hill, Caterham, Surrey CR3 6SB2
£275K03/250.27 mi2, Mountside, Church Hill, Caterham CR3 6SA2
£275K03/250.27 mi2, Mountside, Church Hill, Caterham CR3 6SA2
£290K03/250.3 mi10, Mountside, Church Hill, Caterham CR3 6SA2
£291.9K07/250.32 mi11, The Hill, Church Hill, Caterham CR3 6SD2
£517K11/240.32 miThe Gardens, Flat 6, Church Hill, Caterham CR3 6FR2
£290K04/250.33 mi15, The Hill, Church Hill, Caterham CR3 6SD2
£290K04/250.33 mi15, The Hill, Church Hill, Caterham CR3 6SD2
£305K01/250.33 mi86 Richmond House, 4, Harestone Valley Road, Caterham CR3 6HF2
£300K02/250.33 miThe Hill, 17, Church Hill, Caterham CR3 6SD2
£360K06/210.36 mi10, St Marys Mount, Caterham, Surrey CR3 6SJ2
£435K06/230.36 mi3, St Marys Mount, Caterham, Surrey CR3 6SJ2
£425K11/240.37 mi12, St Mary's Mount, Caterham CR3 6SJ2
£382.5K11/240.38 mi16, St Mary's Mount, Caterham CR3 6SJ2
£300K11/210.39 mi14, Crescent Road, Caterham, Surrey CR3 6LE2
£475K02/250.41 mi9 Chapman House, 6, Stanstead Road, Caterham CR3 6AD2
£515K03/250.41 mi1, 9 Chapman House, Stanstead Road, Caterham CR3 6AD2
£307K11/240.44 mi25a, Farningham Road, Caterham CR3 6LL2
£255K09/210.45 miFlat 4, Newstead House, Markfield Road, Caterham, Surrey CR3 6RN2
£360K03/250.49 miApartment 2, 85 Orbital House, Croydon Road, Caterham CR3 6PD2
£360K03/250.49 miApartment 2, 85 Orbital House, Croydon Road, Caterham CR3 6PD2
£195K03/230.59 miFlat 36, Asprey Court, Stafford Road, Caterham, Surrey CR3 6JX2
£283K04/250.6 mi18, 119 Kingswood Place, Croydon Road, Caterham CR3 6DJ2
£283K04/250.6 mi18, 119 Kingswood Place, Croydon Road, Caterham CR3 6DJ2
£350K03/250.62 mi6, 12 Sherwood, Whyteleafe Road, Caterham CR3 5EE2
£307.5K03/250.67 mi8, Furrows Place, Caterham CR3 5EH2
£307.5K03/250.67 mi8, Furrows Place, Caterham CR3 5EH2
£272.5K07/210.68 miFlat 157b, Florence Court, Croydon Road, Caterham, Surrey CR3 6PF2
£315K10/210.69 mi3, Furrows Place, Caterham, Surrey CR3 5EH2
£215K05/210.69 mi4, Furrows Place, Caterham, Surrey CR3 5EH2
£325K12/220.7 mi17, Furrows Place, Caterham, Surrey CR3 5EH2
£265K03/230.79 mi25a, High Street, Caterham, Surrey CR3 5UE2
£245K02/230.79 mi23a, High Street, Caterham, Surrey CR3 5UE2
£190K11/240.83 miHillcroft Court, 44, Chaldon Road, Caterham CR3 5XB2
£290K11/220.85 mi1, Rogers Close, Caterham, Surrey CR3 6QW2
£107K01/250.88 miValley Court, 10, Beechwood Gardens, Caterham CR3 6NR2
£307.5K01/250.9 mi6, Oaktree Walk, Caterham CR3 5JZ2
£327.5K03/250.93 miFlat 4, 110 Clifton Place, Chaldon Road, Caterham CR3 5PH2
£120K11/240.95 mi44, Stafford Rise, Caterham CR3 6JY2

Local Rents

50 rents from £1.3K/mo to £2.8K/mo, average is £1.5K/mo.

Rent
Date
Distance
Address
Beds
 
£1,50006/250 miTavistock Court, Tupwood Lane, Caterham2
£1,44905/230 mi-2
£1,50012/240.06 miWindrushes Caterham CR32
£1,50005/250.07 miTupwood Lane, Caterham2
£1,45011/250.17 mi2 bedroom Purpose Built Flat in Caterham Valley2
£1,65009/250.2 miCaterham2
£1,65011/250.21 miCaterham 2
£1,55007/250.21 mi2 bedroom First Floor Flat in Caterham Valley2
£1,65011/250.21 miCaterham2
£1,80011/230.21 mi-2
£1,65010/250.21 mi2 bedroom First Floor Apartment in Caterham Valley2
£1,55010/250.24 mi2 bedroom Ground Floor Apartment in Caterham Valley2
£1,70010/250.25 miChurchview Close Caterham CR32
£1,45011/250.26 miCaterham2
£1,40010/250.27 miChurch Hill, Caterham2
£1,47504/240.27 mi-2
£1,60011/250.27 mi-2
£1,65011/250.29 miGodstone Road Caterham CR32
£1,50005/250.29 miGodstone Road, Caterham2
£1,35007/250.31 miMountside, Church Hill, Caterham, Surrey, CR32
£1,55010/250.31 miHarestone Valley Road, CATERHAM2
£1,45012/240.31 miCaterham, Surrey2
£1,62511/250.32 mi2 bedroom Purpose Built Apartment in Caterham Valley2
£2,75010/240.32 mi-2
£1,80003/240.33 mi-2
£1,35012/240.33 miRichmond House, Harestone Valley Road, Caterham, Surrey, CR32
£1,50007/250.33 miRichmond House,Harestone Valley Road, Caterham2
£1,95003/240.33 mi-2
£1,95012/240.33 miTimber Hill Road, Caterham, CR32
£1,60009/250.35 miCroydon Road, Caterham2
£1,29506/250.35 miCrescent Road, Caterham2
£1,95012/240.36 miSt. Mary's Mount Caterham CR32
£1,40004/240.37 mi-2
£1,75009/250.37 miCroydon Road, Caterham2
£1,70009/250.38 miMount Pleasant Road, Caterham2
£1,49506/250.39 miCaterham2
£1,45012/240.39 miTupwood Lane, Caterham2
£1,50012/240.41 miNewstead House, Markfield Road, Caterham2
£1,32512/240.41 miCaterham2
£1,45006/250.42 miCaterham, Surrey2
£1,35008/250.42 miCaterham, Surrey2
£1,55012/230.43 mi-2
£1,49507/250.43 miCaterham2
£1,50002/250.46 mi-2
£1,65010/250.46 miCroydon Road2
£1,30012/240.47 miColin Road, Caterham, Surrey, CR32
£1,40007/240.48 mi-2
£1,47507/250.56 mi2 bedroom First Floor Apartment in Caterham Valley2
£1,50012/240.56 miStafford Road, Caterham, Surrey, CR32
£1,60009/250.58 miCommonwealth Road Caterham CR32

Local Area Statistics

Population in CR3

28,748

Nearest school

0.40 miles away

Nearest train station

0.34 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 £325,000

May 15, 2025

Listed for £340,000

March 13, 2025

Floor Plans

Property image

Description

  • Two-bedroom, first-floor apartment situated within a modern, gated development +
  • Ideally located for Caterham Town Centre's amenities and transport links, whilst within close proximity to stunning open countryside +
  • Two double bedrooms with en-suite to the master bedroom +
  • Standalone kitchen with adjacent reception space incorporating lounge and dining area, and Juliette balcony +
  • Allocated parking space within secure, gated grounds +

Nestled within a modern, gated development, this two-bedroom, first-floor apartment presents a unique opportunity within the heart of Caterham. Offering effortless access to the vibrant amenities of Caterham Town Centre, this property boasts a seamless connection to transport links, all while maintaining close proximity to the serene beauty of open countryside.

As one steps through the front door, the allure of this property becomes evident. The layout flows graciously from the entrance through to the two double bedrooms, with the master bedroom offering the added luxury of an en-suite bathroom.

The heart of the home lies in the standalone kitchen and adjacent reception space. Natural light floods the space, enhancing the feeling of openness and warmth. Open the Juliette balcony doors and embrace the charm of the outdoors, with a green and pleasant outlook.

Ensuring convenience and security, this property comes complete with an allocated parking space within the gated grounds. The peace of mind that comes with this amenity is invaluable, offering both security and ease in a bustling urban setting.

This property's desirability is further enhanced by its available for purchase with no onward chain, streamlining the process for potential buyers seeking a swift transition into their new abode. With the prospect of personalisation and renovation, this apartment presents an exciting canvas for creating a bespoke living space tailored to individual tastes and preferences. 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  XYZ Law - £240  Hawke Financial Services – 30%  Arnold & Baldwin Surveyors – 10%  Huxley – 10%  Atrium Surveyors - £25 

EPC Rating: B

Agent Details

Park & Bailey, Caterham on the Hill

01883 779626

Next Steps?

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