Worst House on the Street Logo
Thornton Heath CR7 - Image 1
Thornton Heath CR7 - Image 2
Thornton Heath CR7 - Image 3
Thornton Heath CR7 - Image 4
Thornton Heath CR7 - Image 5
Thornton Heath CR7 - Image 6
Thornton Heath CR7 - Image 7
Thornton Heath CR7 - Image 8
Thornton Heath CR7 - Image 9
Thornton Heath CR7 - Image 10
Thornton Heath CR7 - Image 11
Thornton Heath CR7 - Image 12
Thornton Heath CR7 - Image 13
Thornton Heath CR7 - Image 14
Thornton Heath CR7 - Image 15
Thornton Heath CR7 - Image 16
Thornton Heath CR7 - Image 17
Thornton Heath CR7 - Image 18
Thornton Heath CR7 - Image 19
Thornton Heath CR7 - Image 20
Thornton Heath CR7 - Image 21
Thornton Heath CR7 - Image 22

Thornton Heath CR7

South East

£420,950

Listed on 16/05/2025

Property Details

Bedrooms
N/A
Type
Mixed Use

Description

This mixed-use property presents a compelling investment opportunity, featuring a freehold building that encompasses a retail unit on the ground floor alongside a self-contained flat above. The former newsagent layout includes a spacious shop front along the bustling London Road, complemented by ample storage space and an additional rear bathroom. The separate room with roller shutters could serve various uses, enhancing its commercial appeal. On the upper level, the flat provides two decent-sized bedrooms and a comfortable lounge area with a WC. With its prime location just moments from Croydon University Hospital and local amenities, this property possesses considerable potential for redevelopment. Prospective buyers might explore options such as extending the building (subject to planning) or reconfiguring the existing spaces to maximize rental income and investment returns in an area marked by high foot traffic and community engagement.

Investment Analysis

(CR7 area)
Area Average
£428/sq ft
Avg Rent (weekly)
£374
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (CR7)

Area prices are rising by +5.8% over the last 12 months
3 year growth: +4.2%
5 year growth: +10.3%
Investment Disclaimer: Analysis based on CR7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Thornton Heath CR7
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,590
Based on a loan of £315,712 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Finance for Buy-to-Let, Bridging & Development