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Wentworth Road, Croydon, CR0 - Image 1
Wentworth Road, Croydon, CR0 - Image 2
Wentworth Road, Croydon, CR0 - Image 3
Wentworth Road, Croydon, CR0 - Image 4
Wentworth Road, Croydon, CR0 - Image 5

Wentworth Road, Croydon, CR0

South East

£400,000
Listed on 09/08/2024

Property Details

Bedrooms
4
Type
Terraced house
Area
990 sqft

Description

This four-bedroom house presents a unique opportunity for renovation in a sought-after area of Croydon. The property features a spacious front reception room, a large kitchen and dining area, two bathrooms, and a generous rear garden, all of which offer considerable potential for modernization or reconfiguration to suit personal tastes or rental needs. Situated in central Croydon, this location boasts an abundance of shopping options and local amenities right at your doorstep. With excellent transport connections nearby, including West Croydon station just a short distance away, commuting to London and surrounding areas is convenient. The neighborhood is known for its peaceful ambiance and strong sense of community, making it an attractive choice for families. Additionally, proximity to reputable local schools enhances the investment appeal of this property, providing both lifestyle benefits and potential for future value appreciation through strategic improvements and extensions, subject to the necessary permissions. This residence is not only a place to live but also an opportunity to create lasting value in an evolving market.

Investment Analysis

(CR0 area)

Below Market Value

This property is priced -8.9% below area average per sq ft

-8.9%
Potential saving
This Property
£404/sq ft
Area Average
£444/sq ft
Avg Rent (weekly)
£387
Avg Yield
5.5%

Renovation Potential

Est. Renovation Cost
£40,000 - £100,000
10-25% of property value
Target Value
£483,189
10% above area average per sq ft
Potential ROI
-3.4%
After renovation
Monthly Sales
115
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (CR0)

Area prices are rising by +4.5% over the last 12 months
3 year growth: 3.1%
5 year growth: 8.6%
Investment Disclaimer: Analysis based on CR0 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Wentworth Road, Croydon, CR0
Map showing location of Wentworth Road, Croydon, CR0
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