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Mickleham Way, New Addington, Croydon - Image 1
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Mickleham Way, New Addington, Croydon

South East

£375,000
Listed on 06/02/2026

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom semi-detached property presents a compelling opportunity for investors and homeowners alike, especially with the approved planning permission for significant extensions. The current layout includes an entrance hall leading to a spacious lounge, a kitchen accompanied by an adjoining utility/storage area, as well as two sizeable double bedrooms and a family bathroom. The exterior boasts a generous rear garden complemented by side space that aligns perfectly with the extension plans. Located in New Addington, the home offers convenient access to local amenities including shops, a leisure centre, and recreational countryside walks, alongside excellent transport links to East Croydon via bus and tram. With planning approval already in place, this property is ripe for renovation and expansion to enhance its value and functionality.

Investment Analysis

(CR0 area)
Area Average
£446/sq ft
Avg Rent (weekly)
£381
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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
16%
Properties sold annually

Local Market Trend (CR0)

Area prices are rising by +4.9% over the last 12 months
3 year growth: +2.9%
5 year growth: +7.3%
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

Mickleham Way, New Addington, Croydon
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,352
Based on a loan of £281,250 over 30 years at 4.06% 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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