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Chestnut Grove, South Croydon, CR2 - Image 1
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Chestnut Grove, South Croydon, CR2

South East

£550,000
Listed on 25/03/2026

Property Details

Bedrooms
3
Type
House
Area
1155 sqft

Description

This three-bedroom detached home on a desirable tree-lined street presents an excellent opportunity for renovation and investment. With its appealing exterior, complete with a spacious driveway and private garage, the property already boasts strong curb appeal and privacy. Upon entering, you're welcomed by a generous entrance hall leading to a bright living and dining area that has large doors opening onto a delightful patio, ideal for outdoor entertaining. The sizeable family kitchen features ample counter space and provides direct access to the rear garden, enhancing the home's functionality. A conveniently positioned WC is located under the stairs for ease of use. The upper level comprises three well-sized bedrooms alongside a separate WC and family bathroom. The property's highlight is the expansive rear garden, which adjoins serene woodlands, making it perfect for outdoor activities or simply enjoying nature. This garden is not only beautiful but also holds significant potential for landscaping or further development. Situated in a family-friendly neighbourhood with excellent schools and parks within reach, this property offers exciting possibilities for extensions (subject to planning permission) as many homes on the street have successfully expanded either to the rear or upwards. Whether you envision modernising the interiors, extending the footprint, or enhancing the existing charm, this home invites creativity and vision. It's an ideal setting to cultivate lasting family memories or host gatherings amidst tranquil surroundings.

Investment Analysis

(CR2 area)

Above Market Value

This property is priced +1.8% above area average per sq ft

+1.8%
This Property
£476/sq ft
Area Average
£468/sq ft
Avg Rent (weekly)
£378
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£594,086
10% above area average per sq ft
Potential ROI
-1.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (CR2)

Area prices are stable by +0.8% over the last 12 months
3 year growth: +3.1%
5 year growth: +4.9%
Investment Disclaimer: Analysis based on CR2 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

Chestnut Grove, South Croydon, CR2
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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
£1,984
Based on a loan of £412,500 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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