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Craven Road, Orpington

South East

£650,000
Listed on 26/03/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1124 sqft

Description

This property offers a compelling redevelopment prospect on a generous quarter-acre freehold plot, situated in a desirable residential area of Orpington. The existing structure features a detached bungalow along with a garage and includes three bedrooms, an expansive reception room that accommodates living and dining spaces, a kitchen, bathroom, and shower room. Given its size and location, this property stands as an exceptional candidate for custom redevelopment (subject to planning permission), allowing for the creation of a spacious family home tailored to modern standards. The plot measures 0.24 acres and is characterized by its tranquil setting on a well-established street known for its larger homes. With strong precedence for redevelopment in the vicinity, the property not only benefits from ample land area but also from proximity to local amenities including Goddington Park and excellent transport links to London. Key advantages include easy access to Orpington town centre within 1.25 miles and renowned local schools nearby, making it an attractive option for families looking to invest in their future. This opportunity represents one of the last chances to design and build a bespoke residence in this appealing locale, affording great flexibility in both architectural planning and landscaping.

Investment Analysis

(BR6 area)

Above Market Value

This property is priced +8.3% above area average per sq ft

+8.3%
This Property
£578/sq ft
Area Average
£534/sq ft
Avg Rent (weekly)
£439
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£660,299
10% above area average per sq ft
Potential ROI
-26.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (BR6)

Area prices are stable by +1.3% over the last 12 months
3 year growth: +1.7%
5 year growth: +14.6%
Investment Disclaimer: Analysis based on BR6 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

Craven Road, Orpington
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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
£2,344
Based on a loan of £487,500 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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