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Coombe Wood Hill, Purley

South East

£500,000
Listed on 16/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
839 sqft

Description

This two-bedroom detached bungalow presents a unique opportunity for buyers seeking a project in the desirable area of Riddlesdown. Nestled on an elevated plot, the property is being sold with no onward chain, making it an attractive option for those looking to personalize their living space. The roofline and spacious grounds provide plenty of room for expansion or reconfiguration, subject to planning permissions. Inside, you'll find a bright reception room, a dining area that boasts ample natural light, a practical kitchen, two generously-sized double bedrooms, a bathroom, and a conservatory that overlooks the garden. The outdoor space is equally appealing with dual driveways leading to both a detached garage and an additional carport, ensuring there's plenty of parking and storage available. With its solid structure and potential for modernisation, this bungalow is ideal for renovators eager to craft their perfect home or investors looking to enhance its value through thoughtful improvements. Conveniently located near transport links, schools, and local amenities, this property is ready for new owners to transform it into something special.

Investment Analysis

(CR8 area)

Above Market Value

This property is priced +27.8% above area average per sq ft

+27.8%
This Property
£596/sq ft
Area Average
£466/sq ft
Avg Rent (weekly)
£475
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£430,394
10% above area average per sq ft
Potential ROI
-21.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CR8)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 6.5%
5 year growth: 1.1%
Investment Disclaimer: Analysis based on CR8 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

Coombe Wood Hill, Purley
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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
£1,832
Based on a loan of £375,000 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