2 Bed Flat, Refurb/BRRR, CR3 5UG £200,000

Town End, Raglan Precinct Town End, CR3 5UG - 8 months ago
Sold STC
Leasehold
Refurb/BRRR
ROI: 3%
~68 m²
Property image

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£226,600
BMV3%

 

 

End Value (After Refurb)

£329,881

Uplift in Value

+50%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£12,200

Refurb Costs

£34,275

Bridging Loan Interest

£5,250

Total Cash In

£103,475

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£329,881

Agent Fees (1%)

£3,299

Bridging Loan

£150,000

Bridging Loan Interest

£5,250

Flip Profit

£73,107

Local Sold Prices

50 sold prices from £107K to £517K, average is £290K. £1.9K/m² to £5.8K/m², average is £4.2K/m².

Price
Date
Distance
Address
Beds
 
£190K11/240.06 miHillcroft Court, 44, Chaldon Road, Caterham CR3 5XB2
£265K03/230.08 mi25a, High Street, Caterham, Surrey CR3 5UE2
£245K02/230.08 mi23a, High Street, Caterham, Surrey CR3 5UE2
£307.5K01/250.14 mi6, Oaktree Walk, Caterham CR3 5JZ2
£325K12/220.2 mi17, Furrows Place, Caterham, Surrey CR3 5EH2
£324.5K05/210.21 mi78, Banstead Road, Caterham, Surrey CR3 5QE2
£315K10/210.22 mi3, Furrows Place, Caterham, Surrey CR3 5EH2
£215K05/210.22 mi4, Furrows Place, Caterham, Surrey CR3 5EH2
£307.5K03/250.25 mi8, Furrows Place, Caterham CR3 5EH2
£307.5K03/250.25 mi8, Furrows Place, Caterham CR3 5EH2
£350K03/250.26 mi6, 12 Sherwood, Whyteleafe Road, Caterham CR3 5EE2
£245K11/220.29 miFlat, 52a, Westway, Caterham, Surrey CR3 5TP2
£285K12/240.31 mi47 49 Holm Court, 10, Westway, Caterham CR3 5TQ2
£327.5K03/250.36 miFlat 4, 110 Clifton Place, Chaldon Road, Caterham CR3 5PH2
£279K01/230.39 mi11, Drew Place, Caterham, Surrey CR3 5FE2
£275K03/230.39 mi13, Drew Place, Caterham, Surrey CR3 5FE2
£195K03/230.4 miFlat 36, Asprey Court, Stafford Road, Caterham, Surrey CR3 6JX2
£270K12/240.43 mi125, Coulsdon Road, Caterham, Surrey CR3 5NJ2
£292K07/230.44 mi53, Addison Road, Caterham, Surrey CR3 5LU2
£283K04/250.48 mi18, 119 Kingswood Place, Croydon Road, Caterham CR3 6DJ2
£283K04/250.48 mi18, 119 Kingswood Place, Croydon Road, Caterham CR3 6DJ2
£272.5K07/210.49 miFlat 157b, Florence Court, Croydon Road, Caterham, Surrey CR3 6PF2
£382.5K11/240.49 mi16, St Mary's Mount, Caterham CR3 6SJ2
£425K11/240.5 mi12, St Mary's Mount, Caterham CR3 6SJ2
£360K03/250.51 miApartment 2, 85 Orbital House, Croydon Road, Caterham CR3 6PD2
£360K03/250.51 miApartment 2, 85 Orbital House, Croydon Road, Caterham CR3 6PD2
£475K02/250.51 mi9 Chapman House, 6, Stanstead Road, Caterham CR3 6AD2
£515K03/250.51 mi1, 9 Chapman House, Stanstead Road, Caterham CR3 6AD2
£360K06/210.52 mi10, St Marys Mount, Caterham, Surrey CR3 6SJ2
£435K06/230.52 mi3, St Marys Mount, Caterham, Surrey CR3 6SJ2
£517K11/240.56 miThe Gardens, Flat 6, Church Hill, Caterham CR3 6FR2
£300K02/250.56 miThe Hill, 17, Church Hill, Caterham CR3 6SD2
£290K04/250.56 mi15, The Hill, Church Hill, Caterham CR3 6SD2
£290K04/250.56 mi15, The Hill, Church Hill, Caterham CR3 6SD2
£291.9K07/250.57 mi11, The Hill, Church Hill, Caterham CR3 6SD2
£257.5K06/210.57 mi213, Coulsdon Road, Caterham, Surrey CR3 5NW2
£120K11/240.58 mi44, Stafford Rise, Caterham CR3 6JY2
£290K03/250.58 mi10, Mountside, Church Hill, Caterham CR3 6SA2
£307K11/240.6 mi25a, Farningham Road, Caterham CR3 6LL2
£275K03/250.6 mi2, Mountside, Church Hill, Caterham CR3 6SA2
£275K03/250.6 mi2, Mountside, Church Hill, Caterham CR3 6SA2
£143.8K04/230.61 mi4, Sergeants Place, Caterham, Surrey CR3 5ZD2
£267K10/210.61 mi120, Eldon Road, Caterham, Surrey CR3 5JS2
£280K04/230.61 miFlat 10, Devon House, Church Hill, Caterham, Surrey CR3 6SB2
£259K05/250.63 mi4, Shaw Court, Ninehams Road, Caterham CR3 5LG2
£259K05/250.63 mi4, Shaw Court, Ninehams Road, Caterham CR3 5LG2
£305K01/250.65 mi86 Richmond House, 4, Harestone Valley Road, Caterham CR3 6HF2
£107K01/250.66 miValley Court, 10, Beechwood Gardens, Caterham CR3 6NR2
£295K08/250.67 mi7, 1 Chandlers Place, Harestone Valley Road, Caterham CR3 6HL2
£330K09/210.68 mi12, Coldstream Road, Caterham, Surrey CR3 5ZA2

Local Rents

50 rents from £1.2K/mo to £2.8K/mo, average is £1.6K/mo.

Rent
Date
Distance
Address
Beds
 
£1,35011/250.05 mi£1350 Chaldon Road, Caterham on the Hill2
£1,25010/250.07 mi4a High Street Caterham Surrey 2
£1,20006/250.1 miCaterham On The Hill2
£1,39512/240.12 miCaterham on the Hill2
£1,50009/250.16 miCaterham On The Hill2
£1,50008/250.16 miCaterham On The Hill2
£1,25007/250.17 mi2 bedroom Top Floor Flat in Caterham On The Hill2
£1,65009/250.2 miHigh Street, Caterham2
£1,65010/250.24 miBanstead Road Caterham CR32
£1,40012/240.26 mi Caterham2
£1,40006/250.34 miChaldon Road , Caterham 2
£1,49510/250.34 miCaterham On The Hill2
£1,45012/240.34 miWestway, Caterham, Surrey, CR32
£1,85011/250.34 miFrancis Road, Caterham2
£1,65012/240.36 miCaterham, Surrey, CR32
£1,65012/240.36 miDriscoll Way, Caterham, Surrey2
£1,40011/250.38 miCaterham Valley2
£1,65012/240.38 miDriscoll Way, CR32
£1,65007/250.38 miDriscoll Way, CR32
£1,67509/250.38 mi13 Driscoll WayCaterhamSurrey2
£1,75007/250.38 mi-2
£1,40010/250.39 mi-2
£1,50012/240.42 miStafford Road, Caterham, Surrey, CR32
£1,60005/250.42 miHigh Trees, CR32
£1,50008/250.42 miHigh Trees Close Caterham CR32
£1,60010/230.45 miHowe Drive, Caterham, Surrey, CR32
£1,60007/250.47 miFirs Close, Caterham2
£1,70011/250.47 miAshton Court Croydon Road CR32
£1,85006/250.47 miCroydon Road, Caterham2
£1,60011/250.48 miCroydon Road, Caterham, Surrey, CR32
£1,45007/250.48 mi2 bedroom Second Floor Flat in Caterham Valley2
£1,85005/250.49 miCroydon Road Caterham CR32
£1,65010/250.49 miCroydon Road Caterham CR32
£1,45011/250.49 miCroydon Road, CR32
£1,35007/250.5 miCaterham 2
£1,25012/240.51 mi-2
£1,75006/250.51 miCroydon Road, Caterham2
£1,95012/240.52 miSt. Mary's Mount Caterham CR32
£2,00007/250.52 miMilner Road, Caterham, CR32
£2,00008/250.52 mi-2
£1,65001/250.53 mi-2
£1,65010/250.53 miCroydon Road2
£2,75010/240.55 mi-2
£1,47507/250.56 mi2 bedroom First Floor Apartment in Caterham Valley2
£1,30012/240.56 miColin Road, Caterham, Surrey, CR32
£1,45008/250.56 mi2 bedroom First Floor Apartment in Caterham Valley2
£1,35007/250.57 miMountside, Church Hill, Caterham, Surrey, CR32
£1,55012/230.57 mi-2
£1,60009/250.57 miCommonwealth Road Caterham CR32
£1,55012/240.59 miCroydon Road, Caterham, CR32

Local Area Statistics

Population in CR3

28,748

Nearest school

0.10 miles away

Nearest train station

0.62 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 £220,000

March 17, 2025

Floor Plans

Property image

Description

  • Two bedroom +
  • walking distance to shops +
  • garage +
  • purpose built flat +
  • in need of modernization +

Nestled in a tranquil neighbourhood within walking distance to local shops, this two-bedroom purpose-built flat offers a wonderful opportunity for those seeking to create their dream home. Boasting a convenient garage for parking, this property invites you to embrace its potential for modernisation and transformation.

As you step through the door, you are greeted by a spacious living area, perfect for relaxing and entertaining guests. With ample natural light streaming through the windows, the possibilities for personalisation are endless. The well-appointed kitchen provides a functional space for culinary endeavours, while the two cosy bedrooms offer a peaceful retreat at the end of the day.

Perfectly positioned for those who value both privacy and convenience, this property presents an ideal canvas for renovation. Embrace the chance to turn this space into a reflection of your unique style and preferences. Book a viewing today to uncover the hidden gem waiting to be revealed within this property. 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: E

Agent Details

Park & Bailey, Caterham on the Hill

01883 779626

Next Steps?

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