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Nutfield Road, Thornton Heath, CR7 - Image 1
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Nutfield Road, Thornton Heath, CR7

South East

£500,000
Listed on 02/05/2025

Property Details

Bedrooms
3
Type
Terraced
Area
889 sqft

Description

This 3-bedroom mid-terraced house is a promising investment opportunity on Nutfield Road. While recently decorated with a modern finish, there is still substantial scope for further enhancements and personalization. The layout includes two ample reception areas, a well-appointed bathroom, and a sizable garden that could benefit from landscaping or outdoor improvements. The potential for extension (subject to planning approval) opens doors for increasing living space and value. Additionally, the option for off-street parking enhances its appeal. Located conveniently near Thornton Heath station and local amenities, this property not only serves as a family home but also presents an excellent chance for future developments in a sought-after area.

Investment Analysis

(CR7 area)

Above Market Value

This property is priced +31.5% above area average per sq ft

+31.5%
This Property
£562/sq ft
Area Average
£428/sq ft
Avg Rent (weekly)
£390
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£418,150
10% above area average per sq ft
Potential ROI
-22.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (CR7)

Area prices are rising by +7.5% over the last 12 months
3 year growth: +2.5%
5 year growth: +14.3%
Investment Disclaimer: Analysis based on CR7 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

Nutfield Road, Thornton Heath, CR7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,771
Based on a loan of £375,000 over 30 years at 3.91% 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

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