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Grasmere Road, Purley

South East

£520,000
Listed on 12/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1021 sqft

Description

This three-bedroom semi-detached house, nestled on a peaceful residential street in Purley, presents a promising opportunity for buyers looking to create their ideal home. While the property has been well-maintained over the years, there are multiple areas where modern updates could significantly enhance its appeal and functionality. The layout includes a front reception room featuring a charming bay window and fireplace, an adjoining dining room with French doors leading to a spacious rear garden, and a roomy kitchen ready for your personal touch. On the upper level, you'll find two double bedrooms with built-in storage, a single bedroom, and a newly fitted family bathroom. The exterior boasts off-street parking along with a garage, while the generous rear garden offers ample space for outdoor enjoyment—perfect for families or entertaining guests. With excellent local schooling options and convenient transport links to central London via both road and rail services, this property is well-positioned for those commuting or seeking a vibrant community setting. This home represents an exciting renovation project where you can add your style and value without the constraints of onward chain delays.

Investment Analysis

(CR8 area)

Above Market Value

This property is priced +9.4% above area average per sq ft

+9.4%
This Property
£509/sq ft
Area Average
£465/sq ft
Avg Rent (weekly)
£448
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£522,635
10% above area average per sq ft
Potential ROI
-8.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (CR8)

Area prices are falling by -4.8% over the last 12 months
3 year growth: +6.2%
5 year growth: +0.5%
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

Grasmere Road, Purley
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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
£1,855
Based on a loan of £390,000 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.

Stamp Duty Calculator

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