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Oakwood Avenue, Purley, CR8 - Image 1
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Oakwood Avenue, Purley, CR8

South East

£950,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2239 sqft

Description

This spacious, double fronted detached residence features four well-proportioned bedrooms and three versatile reception areas. It offers a generous entrance hall and a fully equipped kitchen/breakfast room leading to a side porch. A separate utility room connects to the extensive tandem garage (32'4) and there is an additional WC for convenience. The study/snug overlooks the expansive rear garden, making it a perfect workspace or reading nook, while the dining room provides a cozy gathering space with views of the garden. The sitting room, featuring a fireplace and sliding glass doors, opens onto the paved terrace, ideal for outdoor entertaining. The upper floor boasts a large landing with panoramic views of the valley, four double bedrooms, a family bathroom, and an additional separate WC. With extension potential to both sides and the loft (subject to planning permission), this property holds significant investment promise. Located within walking distance to Purley town center and its railway station in a desirable area, it combines comfort with future opportunities for enhancement. The large gently sloping rear garden is bordered by mature hedging and trees, providing privacy along with ample outdoor space.

Investment Analysis

(CR8 area)

Below Market Value

This property is priced -9.0% below area average per sq ft

-9.0%
Potential saving
This Property
£424/sq ft
Area Average
£466/sq ft
Avg Rent (weekly)
£475
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,148,573
10% above area average per sq ft
Potential ROI
+11.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CR8)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 6.5%
5 year growth: 1.1%
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

Oakwood Avenue, Purley, CR8
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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
£3,480
Based on a loan of £712,500 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