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Greencourt Gardens, Addiscombe, CR0

South East

£825,000
Listed on 12/11/2025

Property Details

Bedrooms
5
Type
Semi-detached house
Area
1641 sqft

Description

This spacious five-bedroom semi-detached home located in the desirable Greencourt Gardens area of Addiscombe presents a unique opportunity for renovation and investment. Arranged over three floors, the property boasts a generous layout that is ideal for families seeking room to grow, with the potential to enhance its charm through modernization. The ground floor features a welcoming front reception room, which benefits from abundant natural light, alongside a formal dining area and an expansive kitchen/breakfast room. This space could be transformed into a contemporary hub for entertaining or family gatherings with some updates. On the first floor, you will discover four well-proportioned bedrooms and a modern family bathroom, affording flexibility for families or guests. The top floor features a large double bedroom paired with an ensuite shower room, offering an excellent retreat that could become even more appealing with slight renovations. Additional highlights include double glazing and gas central heating throughout, ensuring comfort year-round. Outside, the private rear garden presents ample space for outdoor activities and relaxation, while the presence of a garage and off-street parking meets practical needs. Located conveniently close to parks such as Lloyd Park and Addiscombe Recreation Ground, this home strikes an ideal balance between urban living and access to green spaces. The nearby Addiscombe and Sandilands Tram Stops provide direct links to East Croydon Station, making daily commuting into London straightforward. Families will appreciate the proximity to several reputable schools including Trinity School and Coloma Convent Girls’ School. With its promising location and spacious interior, this property offers significant renovation potential that could yield substantial returns on investment. Whether you envision creating your dream family home or seeking an opportunity in a sought-after neighborhood, this house serves as an inviting canvas awaiting your personal touch.

Investment Analysis

(CR0 area)

Above Market Value

This property is priced +13.3% above area average per sq ft

+13.3%
This Property
£503/sq ft
Area Average
£444/sq ft
Avg Rent (weekly)
£378
Avg Yield
5.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£801,103
10% above area average per sq ft
Potential ROI
-5.8%
After renovation
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

Greencourt Gardens, Addiscombe, CR0
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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
£3,022
Based on a loan of £618,750 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