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Ockley Road, Croydon, CR0 - Image 1
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Ockley Road, Croydon, CR0

South East

£500,000
Listed on 06/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1182 sqft

Description

This three-bedroom family home presents a promising opportunity for renovation and investment in a desirable residential neighborhood of Croydon. Upon entering, you’ll notice an inviting entrance hall that offers ample storage space, leading to both a front reception room and a rear dining area, ideal for gatherings. The property includes a spacious conservatory, a functional fitted kitchen, and a large garage, which adds convenience and flexibility for various uses. Situated in a well-connected area, this home benefits from access to multiple bus routes and is within close proximity to the Therapia Lane tram stop, facilitating easy commutes to East Croydon, Wimbledon, Elmers End, and beyond. This location not only enhances daily living but also represents strong rental potential should you consider investment opportunities. On the first floor, there are two generously-sized double bedrooms alongside a standard single bedroom and a shower room. While the property is in need of modernization, it holds significant potential for extension subject to planning permission (STPP), allowing you to tailor the space to your preferences or expand functionality. The exterior features off-street parking suitable for multiple vehicles as well as a well-sized rear garden that invites outdoor enjoyment during warmer months. This property awaits your personal touch; it offers an excellent foundation upon which to create your ideal family home or capitalize on its investment potential in this thriving community.

Investment Analysis

(CR0 area)

Below Market Value

This property is priced -4.7% below area average per sq ft

-4.7%
Potential saving
This Property
£423/sq ft
Area Average
£444/sq ft
Avg Rent (weekly)
£378
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£577,029
10% above area average per sq ft
Potential ROI
+4.9%
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
13%
Properties sold annually

Local Market Trend (CR0)

Area prices are rising by +4.2% over the last 12 months
3 year growth: 3.0%
5 year growth: 7.7%
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

Ockley Road, Croydon, CR0
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,832
Based on a loan of £375,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE