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London Road, Croydon, CR0

South East

£1,000,000

Listed on 09/09/2025

Property Details

Bedrooms
6
Type
Detached
Area
3427 sqft

Description

This substantial four-storey detached period residence, encompassing 3,427 sqft, presents an exceptional opportunity for renovation and redevelopment. Situated in close proximity to Thornton Heath Station and Croydon University Hospital, the property stands out as a prime candidate for conversion into multiple flats (subject to planning permission). With the surrounding area experiencing strong demand for rental properties and ongoing development, this house offers an enticing proposition for investors looking to expand their buy-to-let portfolios. The location benefits from excellent transport links and a competitive pricing advantage compared to inner London, with comparable projects nearby having successfully achieved planning permissions for substantial flat conversions. This is an opportunity not to be missed by those seeking significant potential in a growing market.

Investment Analysis

(CR0 area)

Below Market Value

This property is priced -34.0% below area average per sq ft

-34.0%
Potential saving
This Property
£292/sq ft
Area Average
£442/sq ft
Avg Rent (weekly)
£375
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,665,453
10% above area average per sq ft
Potential ROI
+33.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
113
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CR0)

Area prices are stable by +1.1% over the last 12 months
3 year growth: +1.7%
5 year growth: +2.5%
Investment Disclaimer: Analysis based on CR0 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

London Road, Croydon, CR0
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£3,568
Based on a loan of £750,000 over 30 years at 3.97% 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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