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Coldharbour Lane, Purley

South East

£950,000
Listed on 06/09/2025

Property Details

Bedrooms
6
Type
Detached house
Area
3458 sqft

Description

This expansive six-bedroom detached family residence offers a generous living space of 3458 square feet, complemented by a substantial 120-foot garden. Located on a tranquil street just minutes from the town center of Purley, this property is ideal for those looking to invest in a home with significant renovation potential. The house stands in close proximity to Purley mainline train station, facilitating quick access to central London within approximately 25 minutes. The area boasts a vibrant selection of shops, dining establishments, and recreational facilities, along with ample green spaces such as Riddlesdown Common and Farthing Downs. Importantly, this property presents an attractive opportunity for future development. Croydon Council has identified the surrounding area for strategic growth; recent developments nearby have set a precedent for new housing projects. With permissions granted for substantial developments just south of this location, further potential exists for No.2 Coldharbour Lane itself—subject to planning approval. This makes it not only an excellent family home but also a potentially lucrative investment.

Investment Analysis

(CR8 area)

Below Market Value

This property is priced -41.2% below area average per sq ft

-41.2%
Potential saving
This Property
£275/sq ft
Area Average
£467/sq ft
Avg Rent (weekly)
£454
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,775,804
10% above area average per sq ft
Potential ROI
+61.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (CR8)

Area prices are falling by -5.3% over the last 12 months
3 year growth: +4.0%
5 year growth: -1.6%
Investment Disclaimer: Analysis based on CR8 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

Coldharbour Lane, Purley
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,426
Based on a loan of £712,500 over 30 years at 4.06% 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.

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