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Coombe Wood Hill, Purley

South East

£475,000
Listed on 20/03/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
839 sqft

Description

This two-bedroom detached bungalow presents a compelling opportunity for renovation, situated on an elevated plot in the desirable Riddlesdown area. With no onward chain, this property is perfect for those looking to personalize their living space. The home features two driveways, a detached garage, and a carport, ensuring ample parking and storage. Inside, it includes a spacious reception area, a bright dining room, a well-sized kitchen, two double bedrooms, a bathroom, and a conservatory with garden views. The generous layout offers significant potential for modernization and possible extensions (subject to planning permission), making this an exciting project for buyers wanting to create their dream home. Located on Coombe Wood Hill, it benefits from easy access to Purley's transport links, local amenities, good schools, and nearby green spaces. A unique chance for renovators or investors to acquire a bungalow with great possibilities in a sought-after residential neighborhood.

Investment Analysis

(CR8 area)

Above Market Value

This property is priced +21.6% above area average per sq ft

+21.6%
This Property
£566/sq ft
Area Average
£466/sq ft
Avg Rent (weekly)
£457
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£429,702
10% above area average per sq ft
Potential ROI
-18.2%
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
20%
Properties sold annually

Local Market Trend (CR8)

Area prices are falling by -8.8% over the last 12 months
3 year growth: +2.8%
5 year growth: -3.7%
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

Coombe Wood Hill, Purley
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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
£1,713
Based on a loan of £356,250 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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