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Chaffinch Avenue, Croydon

South East

£525,000
Listed on 18/03/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1048 sqft

Description

This three-bedroom detached bungalow presents a notable investment opportunity, nestled in a serene residential area and offered with no onward chain. Positioned on an expansive plot, the property features spacious interiors, including three well-proportioned bedrooms and a bright conservatory that enhances the living space with pleasant views of the garden. Off-street parking is available along with a significant outbuilding, which offers versatile options for conversion into a studio, office, gym, or games room, pending appropriate consents. The generous land surrounding the bungalow opens up exciting possibilities for extensions (subject to planning permission) or future development ventures. This property appeals not only to families but also to developers and long-term investors seeking substantial growth potential in a desirable location. The combination of ample space and privacy here is truly unique for its setting. Early viewing is encouraged to fully appreciate its potential.

Investment Analysis

(CR0 area)

Above Market Value

This property is priced +12.9% above area average per sq ft

+12.9%
This Property
£501/sq ft
Area Average
£444/sq ft
Avg Rent (weekly)
£378
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£511,670
10% above area average per sq ft
Potential ROI
-12.5%
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

Chaffinch Avenue, 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
£1,893
Based on a loan of £393,750 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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