Worst House on the Street Logo
Carmichael Road, South Norwood - Image 1
Carmichael Road, South Norwood - Image 2
Carmichael Road, South Norwood - Image 3
Carmichael Road, South Norwood - Image 4
Carmichael Road, South Norwood - Image 5
Carmichael Road, South Norwood - Image 6
Carmichael Road, South Norwood - Image 7
Carmichael Road, South Norwood - Image 8
Carmichael Road, South Norwood - Image 9
Carmichael Road, South Norwood - Image 10
Carmichael Road, South Norwood - Image 11

Carmichael Road, South Norwood

London

£500,000
Listed on 25/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
853 sqft

Description

Presenting a two-bedroom house that boasts significant potential for renovation and enhancement, located in the sought-after area of Carmichael Road. This property spans 853 sq. ft. and features two well-proportioned double bedrooms, a modern bathroom suite, a spacious living room, and a separate dining area. The kitchen is equipped with a breakfast bar and integrated appliances but could benefit from further updates to meet contemporary standards. The garden is both charming and easy to maintain, offering additional outdoor space for relaxation or social gatherings. The house is offered chain-free and comes with a variety of practical features including a downstairs wc, designated spaces for laundry appliances, and versatile lighting options throughout. Importantly, there is also potential for extension (subject to planning permission), providing an opportunity to increase the property's footprint or value. Situated just steps away from Norwood Junction station, this location is ideal for commuters looking to reach central London effortlessly—whether it’s London Victoria or direct services to London Bridge. With East Croydon station just one stop away, residents also enjoy quick access to Gatwick Airport via the Gatwick Express. The local area offers an array of amenities along Portland Road and South Norwood High Street, featuring both independent boutiques and popular dining establishments such as The Craft Beer Cabin and Mamma Dough. For outdoor enthusiasts, Norwood Lakes and the Country Park are within walking distance, offering serene environments perfect for exercise or leisure activities.

Investment Analysis

(SE25 area)

Above Market Value

This property is priced +22.0% above area average per sq ft

+22.0%
This Property
£586/sq ft
Area Average
£480/sq ft
Avg Rent (weekly)
£355
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£450,665
10% above area average per sq ft
Potential ROI
-15.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SE25)

Area prices are rising by +5.5% over the last 12 months
3 year growth: +3.5%
5 year growth: +7.1%
Investment Disclaimer: Analysis based on SE25 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

Carmichael Road, South Norwood
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,803
Based on a loan of £375,000 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.