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Highland Road, Purley

South East

£725,000
Listed on 14/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1490 sqft

Description

Situated in a tranquil and esteemed cul-de-sac, this spacious four-bedroom detached bungalow presents a notable opportunity for renovation and investment. Built in the 1980s by Skandia Hus, known for their Scandinavian design principles, the property boasts robust construction with features like triple glazing and extensive insulation, promoting energy efficiency. While the home is well-maintained, there is considerable potential for modernisation and reconfiguration to enhance functionality or aesthetics to suit contemporary living preferences. Upon entering, you'll find a welcoming hall that leads into an expansive double-aspect sitting and dining room flooded with natural light, offering ample space for relaxation and entertaining. This area could be refreshed with updated finishes or an open-plan concept to maximize flow between the kitchen and living spaces. The kitchen/breakfast room features integrated appliances but could benefit from a modern redesign to create a more inviting culinary space. Adjacent is a utility room providing practical storage options. Four generously sized double bedrooms include a principal suite with an en-suite shower room. The remaining rooms share a family bathroom, presenting flexibility for families or home working arrangements. Given its layout, there’s excellent potential to extend the property (subject to planning permission) if additional space is needed. Outside, the well-kept garden adds charm but offers scope for landscaping improvements or even the addition of outdoor amenities. The property includes a driveway leading to a detached double garage which could be repurposed as additional living or workspace. Conveniently located near local transport links and respected schools, this home combines comfort with excellent lifestyle opportunities. It's ideal for those seeking single-level living while also allowing room for creative enhancements.

Investment Analysis

(CR8 area)

Above Market Value

This property is priced +3.8% above area average per sq ft

+3.8%
This Property
£487/sq ft
Area Average
£469/sq ft
Avg Rent (weekly)
£446
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£768,281
10% above area average per sq ft
Potential ROI
-2.1%
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 (CR8)

Area prices are falling by -7.0% over the last 12 months
3 year growth: +3.3%
5 year growth: -2.9%
Investment Disclaimer: Analysis based on CR8 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

Highland Road, Purley
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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
£2,568
Based on a loan of £543,750 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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