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

South East

£450,000
Listed on 16/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1092 sqft

Description

This spacious three-bedroom residence is situated on a tranquil residential street, offering a solid foundation for those looking to invest in a property with considerable potential. The ground floor features a generous 14ft reception room complemented by a dedicated dining space and a well-sized 16ft kitchen that includes ample worktop area and storage solutions, along with direct access to the rear garden. Additional amenities such as a utility room and a downstairs WC add practicality to the layout.<br><br>Upstairs, two double bedrooms equipped with built-in wardrobes, alongside a single bedroom and family bathroom, provide comfortable living spaces. With no onward chain, this property is primed for quick transactions. Notably, there’s significant potential for extension (subject to planning permission), making it an appealing choice for buyers interested in enhancing their investment.<br><br>Nestled within a community-oriented neighborhood, the home is conveniently located just moments from Thornton Heath Station and nearby amenities, catering to everyday needs.

Investment Analysis

(CR7 area)

Below Market Value

This property is priced -4.0% below area average per sq ft

-4.0%
Potential saving
This Property
£412/sq ft
Area Average
£429/sq ft
Avg Rent (weekly)
£347
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£515,435
10% above area average per sq ft
Potential ROI
+5.2%
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

Penshurst 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
£1,648
Based on a loan of £337,500 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