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Shirley Road, Addiscombe, CR0

South East

£585,000
Listed on 05/06/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1076 sqft

Description

This end-of-terrace townhouse in the sought-after neighborhood of Addiscombe presents a valuable opportunity for renovation and investment. With four bedrooms, including a generously sized master suite on the top floor complete with its own ensuite, this property is designed for comfortable family living while offering the potential to modernize and enhance its appeal. The entrance hall welcomes you into the home, leading to a functional kitchen equipped with integrated appliances and a convenient downstairs WC. The spacious reception room, featuring patio doors that open directly to the rear garden, allows for flexibility in how you utilize the space—ideal for indoor gatherings or creating an outdoor entertaining area. Spread across three levels, this property offers plenty of room for growth. The first floor accommodates three additional bedrooms and a well-sized main bathroom. The inclusion of an ensuite in one of the front bedrooms adds practicality and could be further developed to maximize space efficiency. Outside, you'll find off-street parking alongside a rear garden that holds promise for landscaping or expansion projects (subject to planning permission). Notably, the absence of a chain adds to the allure, providing ease of transition for new owners eager to make their mark. Situated near local shops, amenities, and reputable schools such as Trinity and Coloma, this location is particularly appealing for families seeking convenience. Additionally, excellent transport links—including tram and bus routes—enhance accessibility to neighboring areas. This property stands out not just as a comfortable residence but as a canvas for potential enhancement. Whether you're looking to invest or create your dream home through renovations, this townhouse offers ample possibilities.

Investment Analysis

(CR0 area)

Above Market Value

This property is priced +22.5% above area average per sq ft

+22.5%
This Property
£544/sq ft
Area Average
£444/sq ft
Avg Rent (weekly)
£378
Avg Yield
5.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£525,282
10% above area average per sq ft
Potential ROI
-13.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
112
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (CR0)

Area prices are rising by +4.2% over the last 12 months
3 year growth: 3.0%
5 year growth: 7.7%
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

Shirley Road, Addiscombe, CR0
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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
£2,143
Based on a loan of £438,750 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