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Annandale Road, Addiscombe, CR0

South East

£650,000
Listed on 25/01/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1677 sqft

Description

This semi-detached family home in the desirable Addiscombe area presents a valuable opportunity for those looking to invest in a property with significant renovation potential. Currently requiring modernization, the spacious layout invites creativity and offers the possibility for extensions, subject to securing the necessary planning permissions. Upon entering, you are welcomed by an unusually large entrance hall that leads into a generous front reception room, followed by a rear dining area and a breakfast room adjacent to the fitted kitchen. The ground floor includes a convenient downstairs WC. Upstairs, there are three sizable double bedrooms alongside a spacious single bedroom, complemented by a first-floor shower room and separate WC. The exterior features off-street parking and a side garage, with an expansive rear garden that provides ample scope for further development (pending planning approval). This home is ideally placed for families, being close to reputable schools such as Trinity and Coloma. Convenient amenities and transport links are within easy reach, while nearby green spaces like Addiscombe Recreation Ground and Lloyd Park enhance the appeal of this location. This property not only offers immediate space but also the potential for transformation into your dream residence.

Investment Analysis

(CR0 area)

Below Market Value

This property is priced -13.1% below area average per sq ft

-13.1%
Potential saving
This Property
£388/sq ft
Area Average
£446/sq ft
Avg Rent (weekly)
£381
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£822,459
10% above area average per sq ft
Potential ROI
+17.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
120
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (CR0)

Area prices are rising by +4.9% over the last 12 months
3 year growth: +2.9%
5 year growth: +7.3%
Investment Disclaimer: Analysis based on CR0 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

Annandale Road, Addiscombe, CR0
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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
£2,344
Based on a loan of £487,500 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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