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Gorse Road, Croydon

South East

£150,000
Listed on 29/12/2025

Property Details

Bedrooms
1
Type
Flat

Description

This one-bedroom ground floor flat, located in the desirable Shirley/West Wickham area, offers a prime opportunity for those looking to invest or personalize their living space. The property features a spacious layout with a comfortable living area, separate kitchen, and a generously sized bedroom, all conveniently positioned on the ground floor. While it requires some updates, this flat is perfect for DIY enthusiasts or investors aiming to enhance its value through renovations. The sought-after location boasts excellent schools suitable for families and professionals, as well as convenient transport links including regular bus services to East Croydon and Bromley, ensuring easy commuting. Nearby amenities include local shops and green spaces, making this property ideal for anyone seeking a vibrant community setting.

Investment Analysis

(CR0 area)
Area Average
£444/sq ft
Avg Rent (weekly)
£378
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £20,000
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

Gorse Road, Croydon
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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
£549
Based on a loan of £112,500 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