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Penwortham Road, South Croydon

South East

£725,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1507 sqft

Description

This detached 1920s family home presents a unique opportunity for renovation and investment in a sought-after residential area. Located within walking distance of well-connected transport options, including Purley Oaks station (0.3 miles), Sanderstead station (0.5 miles), and Purley station (1.2 miles), the property is ideally situated for commuters and families alike. The accommodation is spacious and flexible, featuring three generously sized double bedrooms along with an additional study or nursery that could easily be converted into a fourth bedroom if needed. The master suite includes its own en-suite bathroom, while a separate family bathroom caters to the other bedrooms—further enhancing the property's appeal for family living. On the ground floor, you'll find two inviting reception rooms complemented by a bright conservatory that opens up to the garden, allowing for ample natural light throughout. The fitted kitchen/breakfast room serves as a practical hub for everyday life. Modern conveniences like gas central heating and double glazing are already in place, offering comfort while still maintaining much of the home's original character and charm. The exterior features a driveway capable of accommodating multiple vehicles, leading to a garage equipped with an electric door. The expansive rear garden stretches approximately 100 feet, boasting mature plants and well-defined lawn and patio areas—providing an excellent canvas for outdoor gatherings or further landscaping opportunities. With its generous plot size and potential to extend (subject to planning permission), this property represents a promising investment for those looking to customize their home in a desirable neighborhood. Whether you're seeking space for a growing family or considering future development possibilities, this residence offers plenty of scope to make it your own while also enjoying proximity to local amenities and transport links. Early viewing is advisable for those keen on realizing its full potential.

Investment Analysis

(CR2 area)

Above Market Value

This property is priced +2.8% above area average per sq ft

+2.8%
This Property
£481/sq ft
Area Average
£468/sq ft
Avg Rent (weekly)
£405
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£775,472
10% above area average per sq ft
Potential ROI
-4.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CR2)

Area prices are rising by +2.2% over the last 12 months
3 year growth: 3.6%
5 year growth: 7.9%
Investment Disclaimer: Analysis based on CR2 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

Penwortham Road, South Croydon
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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
£2,656
Based on a loan of £543,750 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