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Heathview Road, Thornton Heath, CR7 - Image 1
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Heathview Road, Thornton Heath, CR7

South East

£425,000
Listed on 01/11/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1142 sqft

Description

This end-of-terrace family home presents an excellent opportunity for renovation and investment. Having been in the same family for over 40 years, it carries a rich history and offers a solid foundation for modern updates. The property features traditional elements that are characteristic of its era, maintaining spacious proportions and original detailing that can be enhanced to create a unique living space that blends classic aesthetics with contemporary design. The ground floor includes two reception rooms, which have been combined to provide seamless access to the rear garden, along with a separate kitchen. Additional conveniences on this level include a downstairs WC and a utility room with direct garden access. On the second floor, you will find four bedrooms accompanied by a family bathroom. The large loft area not only offers generous storage but also holds significant potential for expansion, allowing for the possibility of adding an extra bedroom and bathroom, subject to planning permission. Situated on the sought-after Heathview Road, this property is conveniently located near local amenities, reputable schools, and public transport options, making it particularly attractive to both families and commuters. This home is not just a residence; it's a canvas ready for your vision. Whether you are looking to embark on a rewarding renovation journey or secure an investment in an area poised for growth, this period home invites you to explore its possibilities while honoring its legacy.

Investment Analysis

(CR7 area)

Below Market Value

This property is priced -13.3% below area average per sq ft

-13.3%
Potential saving
This Property
£372/sq ft
Area Average
£429/sq ft
Avg Rent (weekly)
£347
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£539,035
10% above area average per sq ft
Potential ROI
+6.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Heathview Road, 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
£1,557
Based on a loan of £318,750 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