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Green Lane, Thornton Heath, CR7 - Image 1
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Green Lane, Thornton Heath, CR7

South East

£549,000
Listed on 30/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1066 sqft

Description

This terraced house features three bedrooms and presents an excellent opportunity for renovation and investment. Originally built in 1940, the property retains much of its classic character while offering a spacious layout that can easily be adapted to modern preferences. The freehold status ensures complete ownership, providing flexibility for future improvements or expansions. Located in the vibrant area of Thornton Heath, this home benefits from a diverse range of local amenities. Shops, parks, and reputable schools, such as the well-regarded Harris Academy, are all within close proximity. The area's strong transport links make commuting to central London convenient, enhancing its appeal for both homeowners and potential renters. The property includes a driveway with space for one vehicle, adding an element of practicality for those with cars. Its position within a community-oriented neighborhood makes it particularly attractive to families seeking stability and convenience. This home not only offers comfortable living but also holds substantial potential for renovations that could significantly increase its value over time.

Investment Analysis

(CR7 area)

Above Market Value

This property is priced +20.0% above area average per sq ft

+20.0%
This Property
£515/sq ft
Area Average
£429/sq ft
Avg Rent (weekly)
£347
Avg Yield
4.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£503,163
10% above area average per sq ft
Potential ROI
-13.1%
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

Green Lane, 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
£2,011
Based on a loan of £411,750 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