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Croindene Road, London, SW16

London

£460,000
Listed on 26/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1066 sqft

Description

Nestled in a tranquil residential area of Norbury, this three-bedroom terraced house offers substantial living space and the potential for significant personalisation and value enhancement. With a private garden and no onward chain, the property is perfectly suited for families, professionals, or investors looking to make their mark. The ground floor boasts a spacious reception area alongside a separate dining room that leads to an open-plan kitchen with sliding doors opening up to the garden — an excellent layout for entertaining or relaxation. While the interiors do require updating, this presents a unique opportunity for buyers to create their ideal home tailored to their tastes. Upstairs, you will find three generously sized bedrooms, providing the flexibility needed for family life or home working, complemented by a well-appointed four-piece bathroom. The natural light that fills the rooms adds to the appeal and potential of this home. Located conveniently within reach of Norbury Station with direct services to central London and various bus routes connecting you to nearby areas like Streatham and Croydon Town Centre, this property represents a promising investment in a desirable location.

Investment Analysis

(SW16 area)

Below Market Value

This property is priced -24.8% below area average per sq ft

-24.8%
Potential saving
This Property
£432/sq ft
Area Average
£574/sq ft
Avg Rent (weekly)
£456
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£673,072
10% above area average per sq ft
Potential ROI
+34.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
58
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (SW16)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 1.7%
5 year growth: 5.6%
Investment Disclaimer: Analysis based on SW16 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

Croindene Road, London, SW16
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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
£1,685
Based on a loan of £345,000 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