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Elmfield Way, Sanderstead, CR2 - Image 1
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Elmfield Way, Sanderstead, CR2

South East

£700,000
Listed on 29/06/2025

Property Details

Bedrooms
5
Type
Semi-detached house
Area
2417 sqft

Description

This substantial semi-detached family home features five bedrooms and offers considerable potential for renovation and investment. With two to three bathrooms and multiple reception rooms, the layout presents various options for reconfiguration or modernization, particularly with the possibility of converting the large integral garage into a ground-floor annex, subject to planning permission. The property is conveniently located just a minute's walk from the shopping amenities at Elmfield Way. Additionally, it’s within a short walking distance of Ridgeway Primary School and Sanderstead station, making it appealing for families and commuters alike. The spacious entrance hall leads to a living room that boasts a bay window overlooking the front garden, while the dining room features a fireplace and sliding glass doors that provide access to a conservatory with direct links to the rear patio. The kitchen/breakfast room also connects to the outdoor space, enhancing its functionality for family gatherings or entertaining. On the first floor, you will find the principal bedroom equipped with an en suite bathroom along with three additional bedrooms that include fitted cupboards. Completing this level is a family bathroom and separate WC. The second floor hosts another generous bedroom complete with a walk-in wardrobe and its own en suite shower room. Outside, both front and rear gardens are predominantly laid to lawn, bordered by mature hedging and shrubs which offer privacy. The front garden features off-street parking on a pressed concrete driveway leading to the garage, allowing ample parking space for several vehicles. With no known issues affecting saleability such as flooding or subsidence concerns, this property is well-positioned for those looking to invest in renovations or adaptations that can increase its value over time. The foundations are solid, providing peace of mind as you consider updates or extensions in line with personal preferences or market demands.

Investment Analysis

(CR2 area)

Below Market Value

This property is priced -37.6% below area average per sq ft

-37.6%
Potential saving
This Property
£290/sq ft
Area Average
£464/sq ft
Avg Rent (weekly)
£381
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£70,000 - £175,000
10-25% of property value
Target Value
£1,234,036
10% above area average per sq ft
Potential ROI
+41.0%
After renovation
Monthly Sales
30
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (CR2)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 3.3%
5 year growth: 8.0%
Investment Disclaimer: Analysis based on CR2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Elmfield Way, Sanderstead, CR2
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