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Fairlands Avenue, Thornton Heath, CR7 - Image 1
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Fairlands Avenue, Thornton Heath, CR7

South East

£550,000
Listed on 11/10/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1600 sqft

Description

Nestled within the desirable Grove Estate, this four-bedroom terraced house presents a promising opportunity for both families and investors alike. Built in 1930, the property showcases a blend of classic architectural details and functional living spaces, providing a solid foundation for modern enhancements. The layout includes four spacious bedrooms and two bathrooms, catering to larger families or individuals who need additional room for work or leisure. The possibility of extending the property—subject to obtaining necessary planning permissions—invites creative renovation ideas, allowing potential buyers to customize the home to their unique vision. This residence benefits from off-street parking, offering convenience in a busy neighborhood where parking can often be at a premium. Fairlands Avenue is surrounded by local amenities and reputable schools, making it particularly appealing for families seeking community-oriented living. The area boasts easy access to parks and recreational facilities that promote an active lifestyle. Moreover, excellent transport links enhance the location's attractiveness for commuters heading into central London or other nearby regions. This combination of features offers significant investment potential, as there is ample opportunity to increase property value through thoughtful renovations and improvements.

Investment Analysis

(CR7 area)

Below Market Value

This property is priced -19.9% below area average per sq ft

-19.9%
Potential saving
This Property
£344/sq ft
Area Average
£429/sq ft
Avg Rent (weekly)
£347
Avg Yield
4.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£755,216
10% above area average per sq ft
Potential ROI
+30.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (CR7)

Area prices are rising by +4.1% over the last 12 months
3 year growth: 0.8%
5 year growth: 16.8%
Investment Disclaimer: Analysis based on CR7 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

Fairlands Avenue, Thornton Heath, CR7
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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