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Ashburton Avenue, Addiscombe, CR0 - Image 1
Ashburton Avenue, Addiscombe, CR0 - Image 2
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Ashburton Avenue, Addiscombe, CR0

South East

£550,000
Listed on 20/10/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1481 sqft

Description

This four-bedroom family home offers a solid foundation for those looking to invest in a property with renovation potential. Located on Ashburton Avenue in Addiscombe, this freehold residence spans three levels and features spacious interiors that can be tailored to meet modern family needs. The ground floor showcases a light-filled reception room, enhanced by a classic bay window, alongside a separate dining area ideal for gatherings. The kitchen, although in need of updating, opens directly to a substantial rear garden that presents possibilities for outdoor enjoyment or landscaping projects. On the first floor, there are three well-sized bedrooms, including a bright primary bedroom with bay windows that add character and warmth. A family bathroom is also conveniently situated on this level. The converted loft space reveals an additional fourth bedroom featuring an extra WC and useful eaves storage, providing flexibility for various uses. While the property requires some modernization, it stands as an excellent canvas for new owners eager to bring their vision to life. Its location enhances its appeal; within walking distance are Addiscombe’s diverse range of shops, cafes, and eateries. Families will appreciate the proximity to reputable schools such as Oasis Academy Shirley Park and Trinity School. Transport options are abundant, with Addiscombe Tram Stop nearby and bus routes providing easy access to East Croydon Station for quick connections into Central London and beyond. For leisure activities, local parks such as Addiscombe Recreation Ground and Ashburton Park are just a short stroll away, offering green spaces perfect for relaxation or recreation. This property not only combines character and convenience but also represents significant investment potential in a highly sought-after area. It's an opportunity worth considering for anyone looking to create their ideal family home or capitalize on the local market.

Investment Analysis

(CR0 area)

Below Market Value

This property is priced -16.3% below area average per sq ft

-16.3%
Potential saving
This Property
£371/sq ft
Area Average
£444/sq ft
Avg Rent (weekly)
£378
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£722,995
10% above area average per sq ft
Potential ROI
+20.5%
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

Ashburton Avenue, Addiscombe, CR0
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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
£2,015
Based on a loan of £412,500 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