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Elliott Road, Thornton Heath

South East

£425,000
Listed on 11/05/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
1539 sqft

Description

This spacious end-of-terrace house on a residential road presents a rare opportunity for renovation-minded buyers. Offered without a chain, the property features ample living space with two reception rooms, a kitchen that opens onto the rear garden, and a convenient ground-floor bathroom. The upper level comprises four bedrooms, including a versatile smaller room that could serve as an office or nursery, alongside a separate WC. Externally, the front and rear gardens enhance the property's appeal, particularly the expansive rear garden which holds potential for landscaping or even extension (subject to planning permission). While some updates are needed to bring this home to modern standards, its generous layout and prime positioning mark it as an excellent investment for those looking to enhance its value over time. Located within easy reach of transport links and local amenities in Croydon and Norwood, this property is perfectly suited for families and commuters alike.

Investment Analysis

(CR7 area)

Below Market Value

This property is priced -35.3% below area average per sq ft

-35.3%
Potential saving
This Property
£276/sq ft
Area Average
£427/sq ft
Avg Rent (weekly)
£410
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£722,953
10% above area average per sq ft
Potential ROI
+55.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (CR7)

Area prices are rising by +7.2% over the last 12 months
3 year growth: +3.6%
5 year growth: +12.1%
Investment Disclaimer: Analysis based on CR7 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

Elliott Road, Thornton Heath
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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
£1,516
Based on a loan of £318,750 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.

Stamp Duty Calculator

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