Worst House on the Street Logo
Higher Drive, Purley, Surrey CR8 2HL - Image 1
Higher Drive, Purley, Surrey CR8 2HL - Image 2
Higher Drive, Purley, Surrey CR8 2HL - Image 3
Higher Drive, Purley, Surrey CR8 2HL - Image 4
Higher Drive, Purley, Surrey CR8 2HL - Image 5
Higher Drive, Purley, Surrey CR8 2HL - Image 6
Higher Drive, Purley, Surrey CR8 2HL - Image 7
Higher Drive, Purley, Surrey CR8 2HL - Image 8
Higher Drive, Purley, Surrey CR8 2HL - Image 9
Higher Drive, Purley, Surrey CR8 2HL - Image 10
Higher Drive, Purley, Surrey CR8 2HL - Image 11

Higher Drive, Purley, Surrey CR8 2HL

South East

£675,000
Listed on 11/10/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2174 sqft

Description

Situated in the sought-after neighborhood of Higher Drive, this five-bedroom detached home presents a significant opportunity for renovation and investment. The property is characterized by its spacious layout across two floors, offering buyers the chance to modernize and reconfigure the interior to meet their personal tastes and lifestyle needs. The residence sits on a generous plot, providing ample off-street parking for multiple vehicles—a valuable asset in this area. While the home currently requires modernization throughout, it serves as an ideal blank canvas for those looking to create a tailored family environment. Potential exists not only for refurbishment but also for extension (subject to planning permission), allowing you to maximize the space further. Located within a close-knit community, this property is within easy reach of several highly-rated schools recognized by Ofsted, making it particularly appealing for families with children. Additionally, its proximity to Kenley Station—approximately 0.9 km away—ensures convenient transport links to central London destinations like London Bridge and London Victoria. This property stands out as an excellent investment opportunity in a prestigious location, promising significant potential for growth and improvement in both value and livability.

Investment Analysis

(CR8 area)

Below Market Value

This property is priced -33.4% below area average per sq ft

-33.4%
Potential saving
This Property
£310/sq ft
Area Average
£466/sq ft
Avg Rent (weekly)
£475
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£1,115,229
10% above area average per sq ft
Potential ROI
+43.9%
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

Higher Drive, Purley, Surrey CR8 2HL
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,473
Based on a loan of £506,250 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE