Worst House on the Street Logo
Falconwood Road, Croydon - Image 1
Falconwood Road, Croydon - Image 2
Falconwood Road, Croydon - Image 3
Falconwood Road, Croydon - Image 4
Falconwood Road, Croydon - Image 5
Falconwood Road, Croydon - Image 6
Falconwood Road, Croydon - Image 7
Falconwood Road, Croydon - Image 8
Falconwood Road, Croydon - Image 9
Falconwood Road, Croydon - Image 10
Falconwood Road, Croydon - Image 11

Falconwood Road, Croydon

South East

£499,950
Listed on 05/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
926 sqft

Description

Situated in a respected area of Forestdale, this three-bedroom semi-detached home presents a compelling opportunity for renovation and investment. Its proximity to local shops, schools, parks, and efficient transport links—including bus routes and tram connections from Gravel Hill—ensures that day-to-day conveniences are easily accessible. The property is currently vacant, providing a hassle-free transition for the next owner. Upon entering, you are greeted by an entrance lobby with storage space that leads into a generous L-shaped living and dining area. This layout offers ample room for both everyday activities and social gatherings. The kitchen, located at the rear of the property, offers views of the garden, allowing for potential enhancements to create a more functional cooking space. While the home requires modernisation throughout, this aspect allows new owners to tailor updates according to their preferences and style. The upper level features three bedrooms accompanied by a shower room and a separate WC—ideal for families or those needing extra space. The outdoor area overlooks Falconwood Meadow, adjacent to Addington Court Golf Club, providing an appealing green outlook. The garden includes both patio and lawned sections as well as access to a garage and additional storage room. This property stands out not only for its location in a family-friendly neighborhood but also for its strong potential as an investment or personal project. It awaits someone ready to infuse it with new life and make it their own.

Investment Analysis

(CR0 area)

Above Market Value

This property is priced +21.7% above area average per sq ft

+21.7%
This Property
£540/sq ft
Area Average
£444/sq ft
Avg Rent (weekly)
£378
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£452,055
10% above area average per sq ft
Potential ROI
-16.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Falconwood Road, Croydon
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,831
Based on a loan of £374,962 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE