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Nova Road, Croydon

South East

£475,000

Listed on 23/10/2025

Property Details

Bedrooms
4
Type
Terraced

Description

This expansive four-bedroom Victorian terraced house presents a significant opportunity for renovation and investment. The ground floor features a generous double reception area, along with an additional reception room that opens directly onto the rear garden. A kitchen and bathroom are also located on this level. Upstairs, you'll find four sizeable double bedrooms, one of which is currently utilized as a kitchen, plus another bathroom. While the property is in need of comprehensive modernization, it offers the possibility for further development, including a loft conversion and rear extension (subject to local planning regulations). Located on Nova Road, the home is conveniently situated within walking distance to Croydon Town Centre, which boasts excellent transport links via train, tram, and bus services. The area also benefits from a variety of shopping and leisure options, alongside the ongoing Wetfields Development. This property represents an attractive canvas for those looking to invest in a spacious home with substantial growth potential.

Investment Analysis

(CR0 area)
Area Average
£442/sq ft
Avg Rent (weekly)
£375
Avg Yield
5.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
113
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CR0)

Area prices are stable by +1.1% over the last 12 months
3 year growth: +1.7%
5 year growth: +2.5%
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

Nova Road, Croydon
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,695
Based on a loan of £356,250 over 30 years at 3.97% 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

Price History

-13.6% since listed
£475,000£50,000(-9.5%)
14/01/2026
Current price
£525,000+£25,000(+5.0%)
07/03/2025
£500,000£50,000(-9.1%)
19/02/2025
£550,000Initial listing
24/01/2025

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