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Manchester Road, Thornton Heath, CR7

South East

£500,000
Listed on 02/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1162 sqft

Description

Presenting an appealing three-bedroom home, strategically located on the desirable Manchester Road. This property offers a spacious 28ft lounge with dual aspects, allowing for an abundance of natural light—perfect for modern living. The kitchen is well-sized, featuring ample storage solutions and generous worktop space, which can be transformed to suit your style. On the upper floor, you'll find two double bedrooms, including a substantial principal bedroom with a bay window that enhances its character. Additionally, there's a versatile single bedroom suitable as a guest room or study, along with a family bathroom. This property holds significant renovation potential, especially given the opportunity to extend (subject to planning permission). It comes with the advantage of no onward chain and is conveniently located just 0.4 miles from Thornton Heath Station and within easy reach of local amenities. The neighborhood also offers access to reputable schools and healthcare facilities, making it an ideal investment for families or those looking to add value through refurbishment.

Investment Analysis

(CR7 area)

Above Market Value

This property is priced +0.6% above area average per sq ft

+0.6%
This Property
£430/sq ft
Area Average
£428/sq ft
Avg Rent (weekly)
£390
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£546,558
10% above area average per sq ft
Potential ROI
+1.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (CR7)

Area prices are rising by +7.5% over the last 12 months
3 year growth: +2.5%
5 year growth: +14.3%
Investment Disclaimer: Analysis based on CR7 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

Manchester Road, Thornton Heath, CR7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,771
Based on a loan of £375,000 over 30 years at 3.91% 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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