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Melfort Road, Thornton Heath, CR7

South East

£325,000
Listed on 14/04/2026

Property Details

Bedrooms
2
Type
Flat
Area
666 sqft

Description

This two-bedroom first-floor conversion apartment presents a unique blend of period charm and modern aesthetics, located in the desirable area of Fortis Heath on Melfort Road. With a share of freehold, this property is not only an inviting home but also a potential investment opportunity. The high ceilings throughout enhance the sense of space and light, while the well-sized separate reception room, contemporary kitchen, two generous bedrooms, and nicely finished bathroom provide comfortable living quarters. An additional appeal lies in the access to loft space, which could be transformed into additional living areas (subject to local planning permissions), alongside the existing private garden and off-street parking facilities. This location offers excellent transport links with nearby bus routes and easy access to Norbury and Streatham Common stations for commutes to Central London, making it an attractive option for both homeowners and investors seeking long-term value. Additionally, proximity to various green spaces enhances its appeal for outdoor activities.

Investment Analysis

(CR7 area)

Above Market Value

This property is priced +14.1% above area average per sq ft

+14.1%
This Property
£488/sq ft
Area Average
£428/sq ft
Avg Rent (weekly)
£390
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£313,260
10% above area average per sq ft
Potential ROI
-16.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Melfort 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
£1,151
Based on a loan of £243,750 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.

Stamp Duty Calculator

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