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Grimwade Avenue, Croydon, CR0

South East

£1,200,000

Listed on 26/05/2026

Property Details

Bedrooms
5
Type
Detached
Area
2364 sqft

Description

This five-bedroom detached family home presents a significant opportunity for renovation and expansion, ideally situated on a spacious plot in Grimwade Avenue. The property boasts a practical layout with three reception rooms, three bath/shower rooms, and a generous double-aspect kitchen/breakfast room. Natural light floods into the home through large windows, particularly in the living room that opens to the mature rear garden. While the current owners maintain the property well, there exists substantial potential for extensions to the side, rear, and loft areas—subject to appropriate planning permissions. The extensive grounds include a secluded garden with established plants and trees, providing privacy from neighbouring properties and backing onto playing fields, which enhances its appeal. With off-street parking for up to three vehicles and proximity to local schools, transport links like East Croydon station, and amenities in Croydon town centre, this residence is strategically placed for both family living and future investment.

Investment Analysis

(CR0 area)

Above Market Value

This property is priced +14.9% above area average per sq ft

+14.9%
This Property
£508/sq ft
Area Average
£442/sq ft
Avg Rent (weekly)
£375
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,148,857
10% above area average per sq ft
Potential ROI
-10.9%
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

Grimwade Avenue, Croydon, 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
£4,281
Based on a loan of £900,000 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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