Spacious renovation project on a large plot close to station and shops.
3 double bedrooms with large principal room sizes and high ceilings
Large rear garden and detached garage — good extension potential (STPP)
Private driveway providing off-street parking for multiple vehicles
Requires full modernisation: dated kitchen, worn finishes, cosmetic works needed
Likely cavity walls with no insulation — factor improvement costs
Sold by Modern Method of Auction; undisclosed reserve price applies
Buyer pays non-refundable Reservation Fee 4.2% (min £6,000) and £349 buyer pack fee
Council tax described as expensive — higher running costs expected
This three-bedroom semi-detached home in Caterham is a solid renovation project with clear value for investors or buyers prepared to upgrade. Built in the mid-20th century on a large plot, it offers generous principal rooms, high ceilings in some areas, off-street parking, and a detached garage—assets that support extension or reconfiguration (subject to planning).
The property is offered by the Modern Method of Auction and requires modernisation throughout: the kitchen and bathrooms are dated, some internal finishes are worn, and the walls are likely uninsulated cavity construction. The house is freehold, has double glazing (install date unknown) and mains gas heating via boiler and radiators, but buyers should allow a renovation budget and commission a full survey.
Practical location benefits include a short walk to local shops and the station, fast broadband and excellent mobile signal, very low local crime and a very affluent area profile. These factors help lettability and resale after improvement. Note the sale terms: completion allowance of 56 days, a non-refundable reservation fee of 4.2% of the purchase price (minimum £6,000) and a buyer pack preparation fee of £349; the property is subject to an undisclosed reserve price.
This is best suited to an investor, builder or family seeking a customised home rather than a move-in-ready purchase. Carrying out structural, services and insulation upgrades will unlock the property’s full potential and improve long-term running costs.
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