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Lower Addiscombe Road, Addiscombe

South East

£425,000
Listed on 06/11/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom residence offers a promising canvas for renovation and investment, situated in the vibrant neighbourhood of Addiscombe, where potential abounds. With approximately 1,257 sq. ft. of internal living space, the layout includes three spacious bedrooms that cater well to family living. On the ground floor, you'll find a bright front reception room featuring an attractive bay window that provides natural light and character. The open-plan kitchen and dining area is roomy enough to accommodate various configurations, leading into a garden room that opens up to a private rear garden – an ideal space for outdoor enhancements. The property also includes separate bathroom and WC facilities on the first floor. For those looking to personalize their new home, there are significant opportunities for improvement, including options to extend both at the rear and into the loft (subject to planning permission). This flexibility makes it an attractive option for investors or buyers eager to create their dream living space. The location is particularly advantageous for commuters, with East Croydon Station nearby offering direct services to London Victoria, London Bridge, Clapham Junction, as well as connections to Gatwick Airport and Brighton. Additional tram stops within walking distance further enhance accessibility. Moreover, residents will appreciate a variety of local amenities just around the corner along with access to reputable schools in the vicinity. This property's combination of features and location provides an excellent opportunity for those looking to invest or create a personalized family home in a growing area.

Investment Analysis

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

Renovation Potential

Light Refurb
Est. Renovation Cost
£20,000 - £35,000
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

Lower Addiscombe Road, Addiscombe
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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