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Fairlands Avenue, Thornton Heath, CR7

South East

£500,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1212 sqft

Description

Situated within the sought-after Fairlands Avenue, this three-bedroom terraced home presents a solid foundation for those looking to invest or create their dream living space. The property boasts a functional layout that offers ample living area, making it suitable for families or as a long-term rental investment. Upon entering, you are greeted by a spacious hallway that leads to two adaptable reception rooms. These areas can serve various purposes, whether as a comfortable lounge or a dining space, providing flexibility according to your needs. At the rear of the house, the kitchen is well-sized and includes plenty of storage and workspace, with direct access to the garden—an inviting feature for those who enjoy outdoor gatherings. The first floor accommodates two sizeable double bedrooms alongside a third room that could serve multiple functions, such as a bedroom, nursery, or home office. A family bathroom completes this level, offering essential amenities for daily living. This property is ideally located with convenient access to public transport and a variety of local services including schools, shops, and green spaces. Additionally, there is significant renovation potential here; with appropriate planning permissions in place, opportunities for expansion could enhance both living space and value. This makes it an excellent choice for buyers interested in tailoring their home to their specific tastes or maximizing investment returns. Early viewing is encouraged to appreciate the possibilities this property offers.

Investment Analysis

(CR7 area)

Below Market Value

This property is priced -3.9% below area average per sq ft

-3.9%
Potential saving
This Property
£413/sq ft
Area Average
£429/sq ft
Avg Rent (weekly)
£347
Avg Yield
4.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£572,076
10% above area average per sq ft
Potential ROI
+9.0%
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
8%
Properties sold annually

Local Market Trend (CR7)

Area prices are rising by +4.1% over the last 12 months
3 year growth: 0.8%
5 year growth: 16.8%
Investment Disclaimer: Analysis based on CR7 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

Fairlands Avenue, Thornton Heath, CR7
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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.

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