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Addiscombe Road, Shirley

South East

£1,050,000
Listed on 07/04/2026

Property Details

Bedrooms
5
Type
Detached
Area
2860 sqft

Description

This impressive five-bedroom detached house, recognized for its period features, presents a promising renovation opportunity in an attractive location. Spanning approximately 2860 SQFT (excluding conservatory space), this property is ideally situated near public transport, including several bus routes and a tram stop just half a mile away. Set back from the road with a spacious circular driveway and a detached garage, the home benefits from double glazing and gas central heating. It boasts generous living spaces, including a drawing room, dining room, and multiple bedrooms with en-suite facilities. There is significant potential for extension or development (subject to planning permission), allowing investors or buyers to create their dream home. The south-facing garden offers ample outdoor space with lawns and patios, while the interior includes practical features like a fitted kitchen with wine cellar and a utility room. The property also enjoys proximity to highly regarded schools and local amenities in Addiscombe & Shirley, making it desirable for families. With its blend of original charm and potential for modern improvements, this property is an ideal investment for those looking to transform it into something special.

Investment Analysis

(CR0 area)

Below Market Value

This property is priced -16.7% below area average per sq ft

-16.7%
Potential saving
This Property
£367/sq ft
Area Average
£441/sq ft
Avg Rent (weekly)
£379
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£1,386,757
10% above area average per sq ft
Potential ROI
+18.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
112
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CR0)

Area prices are rising by +2.5% over the last 12 months
3 year growth: +2.5%
5 year growth: +4.3%
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

Addiscombe Road, Shirley
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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
£3,719
Based on a loan of £787,500 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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