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Russell Hill, Purley, CR8

South East

£1,050,000
Listed on 26/09/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2889 sqft

Description

This substantial detached family home, situated in the desirable West Purley region, offers an impressive 2,889 sq. ft. of living space with significant potential for renovation and personalization. Ideal for families seeking room to grow, this property is set on a generous plot and features four spacious double bedrooms and two bathrooms on the upper level. The ground floor layout includes three large reception areas that provide a versatile environment for both relaxation and entertainment. A well-equipped kitchen and a separate utility room add to the practicality of daily life, while inviting opportunities for modern updates to suit your taste. One of the notable aspects of this home is the expansive double-length garage, which not only enhances convenience with ample parking via a private in-and-out driveway but also offers various possibilities for storage or conversion into additional living space. The landscaped rear garden is primarily laid to lawn and boasts mature borders, creating a serene outdoor setting complemented by a sunken lap pool—perfect for summer enjoyment. Additionally, there’s a detached outbuilding equipped with power and water supply, including a sink and WC, suitable for guests or as a home office. The property also features access to cellar/storage space beneath the house, further enhancing its functional appeal. With its location in West Purley—an area known for its community atmosphere and proximity to amenities—this property stands as an excellent investment opportunity, allowing future owners to enhance its value through thoughtful renovations.

Investment Analysis

(CR8 area)

Below Market Value

This property is priced -22.1% below area average per sq ft

-22.1%
Potential saving
This Property
£363/sq ft
Area Average
£466/sq ft
Avg Rent (weekly)
£475
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,482,014
10% above area average per sq ft
Potential ROI
+28.9%
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

Russell Hill, Purley, CR8
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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
£3,846
Based on a loan of £787,500 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