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Foxley Lane, West Purley

South East

£900,000
Listed on 01/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1646 sqft

Description

This period semi-detached family home is set on a sizable 0.49-acre plot, one of the few remaining double plots along Foxley Lane, offering not just a residence but a myriad of possibilities for renovation and investment. With probate already granted, this property is chain-free, enabling a smoother transition to your next project. The house retains many original features that can be preserved or enhanced during any updates. Inside, you'll find two spacious reception rooms adorned with period details, an inviting entrance hallway, a kitchen breakfast room, four bedrooms, and a family bathroom. While the property currently requires modernization, it presents an excellent opportunity for those looking to apply their own vision for improvements and extensions or consider development potential, subject to necessary planning permissions. Externally, the extensive garden provides ample space for off-street parking, alongside a detached garage and workshop—ideal for those needing extra storage or workspace. Located in Purley, residents benefit from easy access to the main London-to-Brighton railway line; commuters can reach London Bridge in about 25 minutes and Victoria in approximately 23 minutes. The proximity to major roadways (A23, M25) also facilitates convenient connections to Gatwick and Heathrow airports. The surrounding area boasts beautiful landscapes such as Farthing Downs and Happy Valley’s vast common lands, perfect for outdoor enthusiasts seeking recreational activities. Families will appreciate the variety of reputable schools nearby—spanning state, grammar, and private options—along with the vibrant town centers of Purley and Coulsdon that offer an array of shops, cafes, and supermarkets including Tesco Extra and Marks & Spencer. The nearby Croydon town center further expands access to amenities and entertainment options. This property not only represents a family home but also stands as a valuable investment opportunity in a sought-after location with significant potential for enhancement.

Investment Analysis

(CR8 area)

Above Market Value

This property is priced +17.2% above area average per sq ft

+17.2%
This Property
£547/sq ft
Area Average
£466/sq ft
Avg Rent (weekly)
£475
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Target Value
£844,373
10% above area average per sq ft
Potential ROI
-14.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CR8)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 6.5%
5 year growth: 1.1%
Investment Disclaimer: Analysis based on CR8 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

Foxley Lane, West Purley
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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
£3,297
Based on a loan of £675,000 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