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Ballards Way, Croydon, Surrey

South East

£700,000
Listed on 23/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached home presents a unique opportunity for renovation and investment. While the property requires comprehensive modernisation, it offers significant potential for those looking to create their ideal living space or capitalize on the value enhancement through upgrades. Planning permission has already been granted for a two-storey rear extension, allowing for further expansion of the living area. The interior currently features two distinct reception rooms, a downstairs W.C., and a fitted bathroom. The master bedroom includes an attached dressing room, adding functionality to the sleeping quarters. One of the standout features of this property is its exceptionally large rear garden, which spans over 2,500 square feet and is lined with mature trees and shrubs that provide a sense of privacy and tranquillity. Additionally, there’s a garden room that could serve various purposes, including a home office or a creative studio. A garage and off-street parking add to the convenience of this home. Located in the sought-after area of Ballard Way, this property is well-situated for families, with reputable schools such as Royal Russell and Coombe Wood in close proximity. Commuters will appreciate the nearby Coombe Lane tram stop as well as frequent bus services providing easy access to surrounding areas. Nature enthusiasts can enjoy Heathfield Wood within walking distance. This property not only allows you to personalize it according to your tastes but also holds great investment potential due to its size, location advantages, and existing planning permissions.

Investment Analysis

(CR0 area)
Area Average
£444/sq ft
Avg Rent (weekly)
£378
Avg Yield
5.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
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

Ballards Way, Croydon, Surrey
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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
£2,564
Based on a loan of £525,000 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