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Shirley Church Road, Croydon, CR0 - Image 1
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Shirley Church Road, Croydon, CR0

South East

£550,000
Listed on 24/07/2025

Property Details

Bedrooms
3
Type
Detached house
Area
999 sqft

Description

This well-loved three-bedroom bungalow, constructed in 1923, presents a significant opportunity for renovation and investment in the desirable area of Foxes Wood. Having been in the same family for four decades, the home retains its character while awaiting a new vision to revitalize its charm. The layout features a welcoming dining room at its heart, complete with a log burner that enhances the ambiance for family gatherings. The cozy lounge also offers a second log burner, creating inviting spaces to unwind during colder months. The shaker-style kitchen is equipped with modern amenities, including a double oven and a Belfast sink, providing a solid foundation for culinary creativity. A standout feature is the garden room, which comes fully equipped with drainage, plumbing, and electricity—an adaptable space that holds great potential. With permitted use for business purposes already granted, this outbuilding could easily transform into an income-generating rental unit or serve as an annex for extended family living. The bungalow's location is also noteworthy. It faces Pinewoods Scout Camp, adjacent to recreational offerings like kayaking on the lake. Within a short five-minute walk lies Addington Golf Club, complemented by nearby Addington Palace Golf Club. For nature enthusiasts and outdoor lovers, local walking trails lead through verdant woods to expansive areas such as Addington Hills and Lloyd Park. Families will appreciate the proximity to highly regarded schools like St John’s and Harris Primary Benson School, both offering strong educational foundations. The senior schools nearby include Shirley High Performing Arts and Trinity Whitgift Foundation School, making this area appealing for families seeking quality education options. Nestled on the edge of Foxes Wood amidst greenbelt areas and golf courses, this property not only offers immediate comforts but also the promise of substantial value enhancement through thoughtful renovations. Its unique blend of character and potential makes it an intriguing prospect for those looking to create their ideal living space while benefiting from an exceptional location.

Investment Analysis

(CR0 area)

Above Market Value

This property is priced +24.1% above area average per sq ft

+24.1%
This Property
£551/sq ft
Area Average
£444/sq ft
Avg Rent (weekly)
£378
Avg Yield
5.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£487,692
10% above area average per sq ft
Potential ROI
-15.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
112
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (CR0)

Area prices are rising by +4.2% over the last 12 months
3 year growth: 3.0%
5 year growth: 7.7%
Investment Disclaimer: Analysis based on CR0 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

Shirley Church Road, Croydon, CR0
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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
£2,015
Based on a loan of £412,500 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