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123 Old Farleigh Road, South Croydon, Surrey CR2 8QH - Image 1
123 Old Farleigh Road, South Croydon, Surrey CR2 8QH - Image 2
123 Old Farleigh Road, South Croydon, Surrey CR2 8QH - Image 3
123 Old Farleigh Road, South Croydon, Surrey CR2 8QH - Image 4
123 Old Farleigh Road, South Croydon, Surrey CR2 8QH - Image 5

123 Old Farleigh Road, South Croydon, Surrey CR2 8QH

South East

£800,000
Listed on 07/11/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property encompasses a site area of 0.18 hectares (0.45 acres) and features a rectangular plot currently occupied by a dilapidated detached family home with an approximate gross internal area of 132 sq m (1,421 sq ft). While the existing structure shows signs of wear, it also provides a blank canvas for renovation or redevelopment, making this an intriguing opportunity for investors looking to capitalize in a growing suburb. Accessed directly from Old Farleigh Road, the location offers good connectivity, with bus services right at your doorstep enabling easy travel towards nearby towns like Purley and East Grinstead. The surrounding neighborhood presents a mix of moderately dense suburban housing as you move toward Croydon, transitioning to more spacious residences and countryside landscapes as you head toward Warlingham. This varied environment enhances its appeal for families and individuals alike. Although recent planning applications for new residential builds have faced challenges—with proposals for six houses dismissed in 2023 and five houses in 2024—the site remains within an area designated by Tree Preservation Order no.104, which could present opportunities for creative landscaping or eco-friendly development approaches. Conveniently situated about 0.6 miles from Selsdon's retail amenities—including supermarkets, shops, and dining options—and approximately 3.7 miles from the bustling center of Croydon, this property is well-positioned for future growth. The proximity to local schools further adds to its investment potential, making it a compelling option for those willing to navigate the planning landscape in pursuit of revitalization or redevelopment possibilities.

Investment Analysis

(CR2 area)
Area Average
£468/sq ft
Avg Rent (weekly)
£405
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CR2)

Area prices are rising by +2.2% over the last 12 months
3 year growth: 3.6%
5 year growth: 7.9%
Investment Disclaimer: Analysis based on CR2 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

123 Old Farleigh Road, South Croydon, Surrey CR2 8QH
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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
£2,931
Based on a loan of £600,000 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