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Chaffinch Avenue, Croydon

South East

£525,000
Listed on 14/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1048 sqft

Description

This three-bedroom detached bungalow, offered chain-free, presents a promising opportunity for both homeowners and investors looking to enhance a property in a desirable location. The layout features a welcoming porch that leads into three spacious double bedrooms, one of which is fitted with built-in wardrobes. The shaker-style kitchen provides ample storage space and connects seamlessly to a large reception room that flows into a conservatory, offering direct access to the rear garden through double doors. This property also benefits from off-street parking and includes a sizable outbuilding equipped with power, which could be transformed into a useful workshop or studio. There’s considerable potential to extend the living space subject to the necessary planning permissions (STPP). Situated near various amenities, and within walking distance to Elmers End mainline railway station, this bungalow offers convenient transport links to Central London and surrounding areas. With local shops and bus routes close by, this location is not only practical but also holds significant investment potential for future enhancements.

Investment Analysis

(CR0 area)

Above Market Value

This property is priced +12.4% above area average per sq ft

+12.4%
This Property
£501/sq ft
Area Average
£446/sq ft
Avg Rent (weekly)
£381
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£513,976
10% above area average per sq ft
Potential ROI
-9.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
120
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (CR0)

Area prices are rising by +4.9% over the last 12 months
3 year growth: +2.9%
5 year growth: +7.3%
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

Chaffinch Avenue, Croydon
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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
£1,893
Based on a loan of £393,750 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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