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Count on Caterham for an investment property

8th November 2011 Print
Asprey Homes

Asprey Homes highlights; according to the latest research by Nestoria.co.uk, Caterham saw the average value of one-bedroom apartment’s rise by an impressive 4.4% between July and August this year.

Nestoria.co.uk’s figures show that even neighbouring areas in this highly desirable corner of Surrey can’t keep up with Caterham’s performance: in the same period, one-bedroom apartments rose in value by 3.7% in Warlingham and by 1.4% in Old Coulsdon; in Godstone they fell by -1.3%.

Excellent news for prospective buyers at Asprey Homes’ new development in Caterham named Chandlers Place. The exclusive collection of eight properties include two one-bedroom apartments, making the development, in the popular Harestone Valley area, a must-see for buyers looking for a top-quality home that’s also a strong bet as a sound investment.

Nick Elliott, Co-owner of Asprey Homes says: “It’s not surprising that properties in Caterham should be outperforming the market so significantly. The town couldn’t be more convenient for commuters to London or frequent travellers further afield, and it offers all the quality lifestyle you’d expect from a thriving Surrey town.”

Chandlers Place achieves the perfect balance of contemporary chic and traditional appeal, urban convenience and rural charm. The eight apartments – two 1 bedroom and six 2 bedroom units are arranged over three storeys in a traditional red-brick building enhanced by Juliet balconies and a dramatic flight of steps up to the front door. There is lift access to all levels, and each apartment has its own fitted alarm and video entry system. Each property has an allocated parking space located behind a secure gated entrance, where there is also secure bicycle storage.

Inside, the apartments display the high quality and attention to detail that are the hallmarks of an Asprey Homes development. The individually designed Paula Rosa kitchens come complete with an integrated oven, gas hob, fridge/freezer, washer/dryer and dishwasher, all by Zanussi. Bathrooms are fitted with mirrors and a ladder-style towel rail while en-suites feature a concealed thermostatic shower. Internal doors are oak-veneered, there is handsome coving in the principal rooms, and the master bedrooms are fitted with wardrobes.

The location of Chandlers Place couldn’t be more convenient. The pretty, Victorian Caterham Station is just around the corner, offering rail services to London Bridge and London Victoria, with journey times of about 45 minutes. Junction 6 of the M25 is just two miles away, providing fast access to Gatwick Airport, about 17 miles away, and Heathrow Airport, approximately 42 miles away.

Caterham is a bustling, attractive town with a plethora of individual shops complementing its range of major retailers, which includes a branch of Waitrose situated a short walk from Chandlers Place. Rimmed by the wooded Surrey hills, the town is perfectly situated for lovers of the great outdoors: within a couple of miles of the town centre are acres of pristine woods and common land, while the North Downs Way – the ancient pilgrims’ route that wends from Farnham to Dover – is the ideal means of exploring the exquisite countryside.

The area’s more formal leisure facilities include several prime golf courses, including the nearby Surrey National Golf Course, and tennis courts at Queens Park.

Prices for the four apartments so far available at Chandlers Place range from £225,000 for a one-bedroom apartment to £335,000 for a two-bedroom apartment. For more information, visit aspreyhomes.co.uk.

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Asprey Homes