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Coldharbour Lane, Purley

South East

£950,000
Listed on 07/09/2025

Property Details

Bedrooms
6
Type
Detached house
Area
3458 sqft

Description

This expansive six-bedroom detached home offers 3,458 square feet of living space, set on a quiet road just a short distance from the vibrant Purley town center. The property is nestled within a generous 120-foot garden, providing both privacy and outdoor potential. Convenience is a key feature of this location, with Purley mainline train station nearby, offering swift connections to central London destinations like Victoria and London Bridge in approximately 25 minutes. The area is well-served by bus routes connecting to Wallington, Croydon, and surrounding neighborhoods. Residents will appreciate the diverse amenities available in Purley itself, including shops, restaurants, pubs, and local health and leisure facilities. For those who enjoy outdoor activities, nearby parks such as Riddlesdown Common and Farthing Downs offer ample green space for recreation. The investment potential of this property is particularly noteworthy. Located within an area identified by Croydon Council for future development opportunities (subject to planning approval), this home could serve as a strategic asset for those interested in expanding their portfolio. Notably, recent planning permission was granted for the construction of 141 new homes directly south of the property, setting a precedent for further development in the vicinity. Additionally, the home is situated within a catchment area known for its reputable state and private schools, making it an attractive option for families looking to settle in a community that values education alongside growth potential. Comprehensive details about development prospects are available upon inquiry for serious investors or buyers looking to capitalize on this unique opportunity.

Investment Analysis

(CR8 area)

Below Market Value

This property is priced -41.1% below area average per sq ft

-41.1%
Potential saving
This Property
£275/sq ft
Area Average
£466/sq ft
Avg Rent (weekly)
£475
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £150,000
Target Value
£1,773,902
10% above area average per sq ft
Potential ROI
+61.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CR8)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 6.5%
5 year growth: 1.1%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,480
Based on a loan of £712,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE