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Thornton Heath

South East

£390,000

Listed on 05/06/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This attractive two-bedroom Victorian property in Thornton Heath presents a compelling opportunity for renovation enthusiasts and investors alike. Set on a desirable residential street, the home is currently in need of comprehensive modernisation, making it a blank canvas for those with vision and ambition. With an extensive refurbishment plan, one could reimagine this space into a welcoming family home tailored to personal tastes. The house features generous living areas, including two spacious reception rooms, a fitted kitchen, and an additional conservatory that enhances the available living space while offering direct access to a practical external WC. The upper floor accommodates two sizable double bedrooms along with a large family bathroom. Outside, the approximately 40ft rear garden invites potential for landscaping and outdoor entertaining possibilities, featuring established shrubs and flower beds. Meanwhile, the front garden adds charm with its courtyard layout. This property stands out as an investment opportunity in an area where such potential projects are increasingly rare. Although significant renovations are required to unlock its full capabilities, the rewards can be substantial for those ready to commit to this project. Offered with no onward chain, it is perfect for someone eager to transform a classic Victorian home into their dream residence.

Investment Analysis

(CR7 area)
Area Average
£428/sq ft
Avg Rent (weekly)
£374
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
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 (CR7)

Area prices are rising by +5.8% over the last 12 months
3 year growth: +4.2%
5 year growth: +10.3%
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

Thornton Heath
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,473
Based on a loan of £292,500 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.

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