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Nova Road, Croydon

South East

£575,000
Listed on 10/03/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1400 sqft

Description

This charming period terraced house is perfect for those looking to invest in a property with great renovation potential. The home features a spacious reception area that benefits from abundant natural light, creating a welcoming environment for both family living and entertaining. At the rear, a separate dining room leads into a generously sized kitchen, making it an ideal setup for modern functionality while also providing access to the sizeable rear garden, which holds promise for landscaping or further development. The first floor currently offers three well-sized bedrooms, accompanied by a shower room, bathroom, and W/C. Interestingly, the existing shower room was once a bedroom and has the potential to be converted back into a fourth bedroom, enhancing the property's value and versatility. With this reconfiguration, buyers can tailor the space to their needs. Outside, the property benefits from off-street parking—a rare find in this desirable area—along with a decent-sized garden that could be transformed into an outdoor retreat or play area for children. Situated close to West Croydon Station and within easy reach of Croydon Town Centre’s amenities and transport links, this property presents an excellent opportunity for those looking to create their ideal home or secure a sound investment in a prime location.

Investment Analysis

(CR0 area)

Below Market Value

This property is priced -7.5% below area average per sq ft

-7.5%
Potential saving
This Property
£411/sq ft
Area Average
£444/sq ft
Avg Rent (weekly)
£378
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£683,529
10% above area average per sq ft
Potential ROI
+11.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
125
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (CR0)

Area prices are rising by +4.3% over the last 12 months
3 year growth: +2.4%
5 year growth: +5.7%
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

Nova Road, 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
£2,074
Based on a loan of £431,250 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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