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Purley, Surrey

South East

£625,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
998 sqft

Description

This three-bedroom detached home presents a unique opportunity for renovation and investment in a desirable tree-lined road of Purley. With excellent transport links and proximity to reputable schools, the property offers significant potential for both personal customization and value appreciation. Upon entering, you’ll find a welcoming entrance hall that leads to a convenient downstairs cloakroom with a W/C and basin. The dining room, positioned at the front of the house, features French doors that open into a spacious lounge. This light-filled lounge benefits from additional double doors leading out to the expansive rear garden, making it an inviting space for gatherings or relaxation. The kitchen is functional, equipped with fitted cupboards and essential appliances including an oven and hob, along with designated areas for a fridge/freezer and dishwasher. A utility room off the kitchen provides extra storage, enhancing practicality. For those needing a quiet workspace, there is also a dedicated study. The upper level includes three bedrooms—two generous doubles with built-in storage and one comfortable single bedroom—along with a family bathroom that has a shower-over-bath configuration. The property's outdoor space is particularly noteworthy; the tiered 119ft south-westerly garden offers multiple settings for leisure or entertainment, each designed to take advantage of the natural surroundings. In front, you'll find a paved driveway providing ample parking along with the convenience of an attached garage. Location-wise, Purley is well-regarded for its educational institutions. The Hayes Primary School is within walking distance, complemented by other notable options such as Beaumont Primary and St. David’s. At secondary level, schools like John Fisher and Riddlesdown Collegiate are within reach. Sports enthusiasts will appreciate the array of local facilities including Purley Sports Club with its tennis courts, squash facilities, and cricket fields. There are also golf courses nearby along with numerous cafes and restaurants perfect for social outings. Transportation is another highlight; Reedham station is just a short walk away offering services to London Bridge (in about 36 minutes) and Victoria (approximately 37 minutes). Purley mainline station provides even quicker access at around 25 minutes to both destinations. Additionally, various bus routes service the area extensively while major road links like the M25/M23 are easily accessible within 4-5 miles. In summary, this property not only offers comfortable living but also stands out as an appealing investment opportunity in an attractive locale with great potential for growth through renovation or extension.

Investment Analysis

(CR8 area)

Above Market Value

This property is priced +34.3% above area average per sq ft

+34.3%
This Property
£626/sq ft
Area Average
£466/sq ft
Avg Rent (weekly)
£475
Avg Yield
4.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£511,959
10% above area average per sq ft
Potential ROI
-21.8%
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

Purley, Surrey
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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
£2,290
Based on a loan of £468,750 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