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Lower Addiscombe Road, Croydon, London, CR0 - Image 1
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Lower Addiscombe Road, Croydon, London, CR0 - Image 3
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Lower Addiscombe Road, Croydon, London, CR0 - Image 5
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Lower Addiscombe Road, Croydon, London, CR0 - Image 7
Lower Addiscombe Road, Croydon, London, CR0 - Image 8

Lower Addiscombe Road, Croydon, London, CR0

South East

£400,000

Listed on 21/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1192 sqft

Description

This three-bedroom terraced property is centrally located in Addiscombe, presenting a promising opportunity for keen investors or those looking to create their dream home. The property benefits from its proximity to local amenities and Tramlink services leading to East Croydon, enhancing its appeal for both tenants and homeowners alike. Upon entering, you are greeted by a spacious hallway that leads into a sizable reception room, with the adjoining dining room featuring double glazed patio doors that open directly into a private garden. The kitchen, also accessible from the garden, offers practical layout options for future enhancements. Upstairs, the first floor comprises three bedrooms: two generous doubles (one enhanced with a charming bay window) and a practical single bedroom. A good-sized bathroom accompanies a separate WC, providing ample facilities for family living. The rear garden is level and private, with convenient pedestrian access from the back—a perfect canvas for outdoor improvements or landscaping. This freehold property not only offers immediate refurbishment potential but also has the possibility of extending both at the rear and into the loft (subject to planning permission), making it an ideal investment for growth in value over time.

Investment Analysis

(CR0 area)

Below Market Value

This property is priced -24.0% below area average per sq ft

-24.0%
Potential saving
This Property
£336/sq ft
Area Average
£442/sq ft
Avg Rent (weekly)
£375
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£579,288
10% above area average per sq ft
Potential ROI
+31.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
113
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CR0)

Area prices are stable by +1.1% over the last 12 months
3 year growth: +1.7%
5 year growth: +2.5%
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

Lower Addiscombe Road, Croydon, London, CR0
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,427
Based on a loan of £300,000 over 30 years at 3.97% 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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