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Nova Road, Croydon

South East

£460,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1296 sqft

Description

This three-bedroom mid-terrace period home is located on a well-regarded residential street in West Croydon, offering an excellent opportunity for renovation and investment. With its spacious layout and character features, this property invites potential buyers to reimagine the space and tailor it to modern living. The interior consists of three distinct reception rooms that provide versatility for family gatherings or personal use, alongside a generously sized kitchen ready for updates. A first-floor bathroom adds convenience, while the private rear garden presents a tranquil outdoor space that can be enhanced with landscaping or garden design. Situated in a vibrant neighborhood, this home enjoys proximity to London Road, where residents can find a diverse selection of shops and amenities. Public transport options are readily available, including various bus routes and easy access to West Croydon station. The property's location also allows for straightforward commuting to Croydon town center and East Croydon mainline station. This residence stands out as an appealing prospect for those looking to invest in a property with notable potential for modernization while retaining its original charm. Additionally, being offered chain-free simplifies the acquisition process for interested buyers.

Investment Analysis

(CR0 area)

Below Market Value

This property is priced -20.0% below area average per sq ft

-20.0%
Potential saving
This Property
£355/sq ft
Area Average
£444/sq ft
Avg Rent (weekly)
£378
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£632,681
10% above area average per sq ft
Potential ROI
+25.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
112
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (CR0)

Area prices are rising by +4.2% over the last 12 months
3 year growth: 3.0%
5 year growth: 7.7%
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

Nova Road, 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
£1,685
Based on a loan of £345,000 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.

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