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

South East

£400,000
Listed on 30/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
506 sqft

Description

This chain-free three-bedroom terraced house in Thornton Heath presents an excellent opportunity for those looking to invest in a property with significant potential for modernisation. The ground floor boasts a spacious through lounge that invites natural light, alongside a sizable kitchen that can be transformed into a contemporary space. On the first floor, two double bedrooms and a single bedroom are complemented by a family bathroom, providing ample living space. The property is equipped with double glazing and central heating, ensuring a comfortable environment year-round. Furthermore, there is considerable scope for enhancement; with the appropriate planning permissions, you could explore options for extending both to the rear and into the loft. This makes it an attractive project for homeowners wanting to personalise their space or developers seeking value-added opportunities. Additionally, buy-to-let investors may find this property appealing due to its strong rental income potential, estimated at £2,100–£2,400 monthly. Conveniently located near Brigstock Road and within easy reach of local shops, the home also benefits from excellent transport links with Thornton Heath station just a short walk away.

Investment Analysis

(CR7 area)

Above Market Value

This property is priced +84.2% above area average per sq ft

+84.2%
This Property
£791/sq ft
Area Average
£429/sq ft
Avg Rent (weekly)
£347
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£238,837
10% above area average per sq ft
Potential ROI
-46.9%
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

Torridge 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
£1,465
Based on a loan of £300,000 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