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Ridgemount Avenue, Croydon, CR0 - Image 1
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Ridgemount Avenue, Croydon, CR0

South East

£650,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1476 sqft

Description

This spacious semi-detached family home presents a promising opportunity for renovation and investment. With three bedrooms equipped with fitted wardrobes in the primary rooms, this property also boasts two generous reception areas alongside a modern kitchen that includes an adjoining utility space. A converted garage serves as a versatile study or fourth bedroom complete with an en-suite shower room, offering additional accommodation options. The expansive 120ft rear garden faces west, providing ample outdoor potential for extension or landscaping, subject to the necessary planning permissions. Located on a serene tree-lined street just off Wickham Road, the home is conveniently close to local amenities and transport links to Croydon and beyond. Given its features and location, there's significant potential to enhance the living space and value through thoughtful renovations.

Investment Analysis

(CR0 area)

Below Market Value

This property is priced -0.8% below area average per sq ft

-0.8%
Potential saving
This Property
£440/sq ft
Area Average
£444/sq ft
Avg Rent (weekly)
£378
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£720,554
10% above area average per sq ft
Potential ROI
+4.4%
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

Ridgemount Avenue, Croydon, CR0
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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
£2,381
Based on a loan of £487,500 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