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Riddlesdown Road, Purley - Image 1
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Riddlesdown Road, Purley

South East

£390,000
Listed on 17/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
904 sqft

Description

This mid-terraced home is an ideal project for those interested in renovating a property to suit their personal style. With two spacious double bedrooms and a large family bathroom, the layout accommodates comfortable living across two levels. The ground floor features two ample reception rooms, providing versatile space for both relaxation and dining, alongside a separate kitchen that opens onto a private patio garden—an excellent feature for outdoor enjoyment or entertaining guests. While the property requires modernisation, it boasts considerable potential for enhancement. New owners will have the opportunity to reimagine the interior design and functionality according to their taste, making it an exciting investment prospect. Located on Riddlesdown Road in the tranquil suburb of Purley, this home benefits from a well-established residential atmosphere. The area is noted for its reputable schools, including Riddlesdown Collegiate, making it a suitable choice for families. Commuters will appreciate the proximity to Purley Oaks Station, which offers direct services into central London at Victoria and London Bridge, facilitating a straightforward daily commute. Additionally, residents can take advantage of nearby amenities such as parks, shops, and cafes, alongside access to Purley town centre and its green spaces. This property not only offers a promising location but also serves as an inviting canvas for creating a stylish family home tailored to individual preferences.

Investment Analysis

(CR8 area)

Below Market Value

This property is priced -7.5% below area average per sq ft

-7.5%
Potential saving
This Property
£431/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
£463,738
10% above area average per sq ft
Potential ROI
+7.8%
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

Riddlesdown Road, Purley
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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
£1,429
Based on a loan of £292,500 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