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Purley Bury Avenue, Purley, Surrey, CR8 1JD - Image 1
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Purley Bury Avenue, Purley, Surrey, CR8 1JD

South East

£650,000
Listed on 31/07/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1345 sqft

Description

Situated in a desirable residential neighborhood, this three-bedroom detached home presents a prime opportunity for renovation and investment. Located conveniently near several mainline train stations, including Purley and Riddlesdown, the property is well-placed for commuting to London. The surrounding area boasts various recreational facilities, such as local bowls and tennis clubs, alongside reputable educational institutions like Gresham, Atwood, and Riddlesdown Collegiate. The spacious interior features a welcoming entrance hall that leads into a charming triple-aspect lounge. This room is enhanced by an open fireplace surrounded by built-in bench seating, as well as sliding doors that invite natural light and provide access to the rear garden. A separate dining room, currently repurposed as a fourth bedroom, offers flexibility in use, while the kitchen/breakfast area—also with triple aspect—features sliding doors leading to a patio area. Additionally, there’s a small utility room and a cloakroom with WC for added convenience. On the upper level, you will find three generously-sized double bedrooms; those at the front enjoy pleasant views over the neighborhood. The family bathroom completes this level. Outside, the property boasts a secluded garden with side access, featuring both patio and lawn areas—ideal for outdoor entertaining or gardening. A garden shed provides storage options as well. The front of the house includes an additional garden space along with a garage that requires roof repairs and modernization. This property’s location near public transport links and local amenities further enhances its investment potential. With some updates and personal touches, this home could transform into a modern family residence in an appealing area close to schools and recreational spaces.

Investment Analysis

(CR8 area)

Above Market Value

This property is priced +3.6% above area average per sq ft

+3.6%
This Property
£483/sq ft
Area Average
£466/sq ft
Avg Rent (weekly)
£475
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£689,965
10% above area average per sq ft
Potential ROI
-0.0%
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

Purley Bury Avenue, Purley, Surrey, CR8 1JD
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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
£2,381
Based on a loan of £487,500 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