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Ferris Avenue, Croydon

South East

£600,000
Listed on 16/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1154 sqft

Description

This semi-detached family residence presents an excellent opportunity for renovation and investment. With a welcoming porch leading into a formal dining room featuring herringbone flooring and classic shaker-style wall paneling, the property offers substantial character. A spacious reception room opens through double doors to the rear garden, enhancing potential for indoor-outdoor living arrangements. The kitchen, finished in light grey, provides ample storage and convenient side access. The upper floor accommodates three generous bedrooms, two equipped with built-in wardrobes, alongside a three-piece family bathroom. Furthermore, off-street parking and a garage are notable assets, coupled with significant extension possibilities subject to planning permissions. Located in Ferris Avenue, this home enjoys proximity to local amenities including shops and West Wickham train station, facilitating easy commuting to Croydon and Bromley. Families will appreciate the nearby educational institutions such as Harris Academy primary/nursery school and Shirley High School, adding to its appeal as a family-oriented investment.

Investment Analysis

(CR0 area)

Above Market Value

This property is priced +17.2% above area average per sq ft

+17.2%
This Property
£520/sq ft
Area Average
£444/sq ft
Avg Rent (weekly)
£372
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£563,296
10% above area average per sq ft
Potential ROI
-12.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
120
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (CR0)

Area prices are rising by +4.9% over the last 12 months
3 year growth: 2.7%
5 year growth: 7.4%
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

Ferris Avenue, 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
£2,198
Based on a loan of £450,000 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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