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London Road, Croydon, CR0

South East

£1,000,000
Listed on 12/09/2025

Property Details

Bedrooms
6
Type
Detached house
Area
3427 sqft

Description

This spacious four-storey detached period home features 3,427 square feet of living space and presents a unique opportunity for renovation and investment. With six bedrooms, the property offers ample room for both personal use and potential redevelopment. Situated just moments away from Thornton Heath Station and Croydon University Hospital, the location provides excellent transport links and access to local amenities, making it highly desirable for future tenants or buyers. The area has shown consistent demand, presenting an attractive opportunity for those looking to expand their buy-to-let portfolio. The property is ripe for conversion into multiple flats, subject to planning permission. Nearby developments have successfully secured planning approval for sizable residential projects, underscoring the investment potential in this area. This property represents an intriguing prospect for savvy investors interested in capitalizing on the growing market outside of central London.

Investment Analysis

(CR0 area)

Below Market Value

This property is priced -34.2% below area average per sq ft

-34.2%
Potential saving
This Property
£292/sq ft
Area Average
£444/sq ft
Avg Rent (weekly)
£387
Avg Yield
5.5%

Renovation Potential

Est. Renovation Cost
£100,000 - £250,000
10-25% of property value
Target Value
£1,672,616
10% above area average per sq ft
Potential ROI
+33.8%
After renovation
Monthly Sales
115
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (CR0)

Area prices are rising by +4.5% over the last 12 months
3 year growth: 3.1%
5 year growth: 8.6%
Investment Disclaimer: Analysis based on CR0 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

London Road, Croydon, CR0
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