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Homefield Road, Coulsdon, CR5 - Image 1
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Homefield Road, Coulsdon, CR5

South East

£500,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
923 sqft

Description

Nestled in a sought-after neighborhood, this property presents an exceptional opportunity for those looking to invest in a home with significant renovation potential. Situated on a serene, tree-lined street, it’s conveniently located near well-regarded local schools and ample green spaces, making it an ideal setting for families. While the home has been cherished since its construction, it now stands as a blank canvas awaiting your vision. The interior requires complete refurbishment, providing a unique chance to customize the living space according to modern preferences. Whether your plans involve revamping the existing layout, extending the rear for more living space, or considering a loft conversion (subject to planning approvals), the possibilities are extensive and ripe for exploration. A key highlight of this property is its expansive garden, which offers plenty of sunlight and direct access to adjacent playing fields. This outdoor area not only provides a tranquil escape but also presents opportunities for landscaping enthusiasts or those who envision creating an inviting space for gatherings and play. Additional features include a private driveway and garage, ensuring off-street parking and extra storage options. With no onward chain complicating the sale, prospective buyers can look forward to a streamlined purchasing process. For anyone interested in taking on a project that combines character and potential, this property represents a rare chance to craft a personalized home in a desirable location.

Investment Analysis

(CR5 area)

Above Market Value

This property is priced +11.3% above area average per sq ft

+11.3%
This Property
£542/sq ft
Area Average
£487/sq ft
Avg Rent (weekly)
£453
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£70,000 - £120,000
Target Value
£494,045
10% above area average per sq ft
Potential ROI
-20.3%
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
12%
Properties sold annually

Local Market Trend (CR5)

Area prices are falling by +3.7% over the last 12 months
3 year growth: -2.8%
5 year growth: 8.3%
Investment Disclaimer: Analysis based on CR5 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

Homefield Road, Coulsdon, CR5
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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
£1,832
Based on a loan of £375,000 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE