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Alexandra Road, London

South East

£700,000
Listed on 04/12/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1676 sqft

Description

This property presents a compelling opportunity for those looking to invest in a versatile family home nestled in the desirable area of Addiscombe, Croydon. Spanning an impressive 1,676 square feet, this house is set across four levels, from the basement to the third floor, providing ample space and significant potential for expansion. Currently featuring three well-proportioned bedrooms, there is an opportunity to create additional living spaces or bedrooms through thoughtful renovation. The layout includes a spacious kitchen and separate dining area, alongside a generous reception room that boasts high ceilings and retains charming period details. While the interior requires modernization, it serves as a blank canvas ready for your vision. The outdoor space is another highlight; a large garden at the rear offers possibilities for landscaping or creating an outdoor entertaining area, enhancing both functionality and appeal. Located on Alexandra Road, the property benefits from a tranquil residential setting while being conveniently close to local amenities. A variety of shops are within a five-minute walk, with East Croydon Station just half a mile away, providing excellent transport links. Additionally, the nearby Addiscombe area features its own selection of shops and Ashburton Park’s green spaces are just moments away. On-street parking is available with council permits required, adding to the practicality of this location. With its renovation potential and excellent location, this property represents an exciting investment opportunity in a growing neighborhood.

Investment Analysis

(CR0 area)

Below Market Value

This property is priced -5.9% below area average per sq ft

-5.9%
Potential saving
This Property
£418/sq ft
Area Average
£444/sq ft
Avg Rent (weekly)
£378
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£818,190
10% above area average per sq ft
Potential ROI
+4.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Alexandra Road, London
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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
£2,564
Based on a loan of £525,000 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