Worst House on the Street Logo
Drake Road, Croydon, CR0 - Image 1
Drake Road, Croydon, CR0 - Image 2
Drake Road, Croydon, CR0 - Image 3
Drake Road, Croydon, CR0 - Image 4
Drake Road, Croydon, CR0 - Image 5
Drake Road, Croydon, CR0 - Image 6
Drake Road, Croydon, CR0 - Image 7
Drake Road, Croydon, CR0 - Image 8
Drake Road, Croydon, CR0 - Image 9
Drake Road, Croydon, CR0 - Image 10
Drake Road, Croydon, CR0 - Image 11
Drake Road, Croydon, CR0 - Image 12
Drake Road, Croydon, CR0 - Image 13
Drake Road, Croydon, CR0 - Image 14
Drake Road, Croydon, CR0 - Image 15
Drake Road, Croydon, CR0 - Image 16
Drake Road, Croydon, CR0 - Image 17

Drake Road, Croydon, CR0

South East

£475,000

Listed on 04/06/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1068 sqft

Description

This three-bedroom semi-detached house presents an excellent renovation opportunity, located on a quiet road in Croydon near Purley Way and Broad Green. The property's spacious layout includes a comfortable front reception and a generous kitchen dining area at the back, both of which are functional yet could benefit from modern updates to maximize their potential. The ground floor also features a family bathroom for convenience. Upstairs, the house comprises three well-sized bedrooms: two doubles and a single, providing flexibility for family living or the option of a home office. Externally, the property boasts a large front garden with ample parking space for multiple vehicles. The expansive private rear garden includes a patio and a practical outbuilding that can serve as storage or be transformed into a workspace. Additionally, the sizeable side plot offers significant potential for extension or development, pending planning approval. With its solid foundation and prime location, this property is perfect for investors or buyers seeking to customize their living space. Its proximity to East Croydon and West Croydon stations ensures easy access to Central London alongside local amenities and schools within reach, making it a desirable opportunity in an increasingly sought-after area.

Investment analysis

(CR0 area)

Above Market Value

This property is priced +1.2% above area average per sq ft

+1.2%
This Property
£445/sq ft
Area Average
£439/sq ft
Avg Rent (weekly)
£368
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£516,148
10% above area average per sq ft
Potential ROI
+0.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
106
Average per month
Market Turnover
10%
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: +1.9%
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

Drake Road, Croydon, CR0
Loading map...

Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,794
Based on a loan of £356,250 over 30 years at 4.45% 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.