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Colliers Water Lane, Thornton Heath, CR7

South East

£475,000
Listed on 10/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1276 sqft

Description

This three-bedroom terraced house offers a solid foundation for buyers interested in both comfort and renovation potential. The property is presented chain-free and includes off-street parking, enhancing its practicality for everyday living. Inside, the home features three spacious bedrooms that can be easily transformed to reflect your personal style. Accompanying the bedrooms are two modern bathrooms that not only meet current standards of convenience but also allow for an opportunity to design additional spaces if desired. Situated in a well-connected area, this property benefits from close proximity to supermarkets, local shops, and a leisure centre. This convenience makes daily life much easier, whether you're running errands or enjoying leisure activities on weekends. For those looking to invest further into the property, there is significant potential for extension or renovation (subject to obtaining necessary planning permissions). This aspect presents a unique opportunity to tailor the home to suit your lifestyle and needs, potentially increasing its value over time. Overall, this home offers both immediate comfort and long-term investment possibilities in a desirable location. With its mix of practicality and room for improvement, it stands out as an appealing choice for buyers seeking a versatile living space.

Investment Analysis

(CR7 area)

Below Market Value

This property is priced -13.2% below area average per sq ft

-13.2%
Potential saving
This Property
£372/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
£602,285
10% above area average per sq ft
Potential ROI
+19.3%
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

Colliers Water 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
£1,740
Based on a loan of £356,250 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