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Shirley Road, Addiscombe

South East

£500,000

Listed on 11/06/2026

Property Details

Bedrooms
4
Type
Terraced
Area
1483 sqft

Description

Presenting a substantial four-bedroom house on a sought-after residential street, this property offers an impressive 1,483 sq. ft. of living space that is ripe for renovation and investment opportunities. Currently configured with flexibility in mind, it has potential for conversion into a five-bedroom home due to existing provisions. The house is spread across three levels, introducing you to a spacious entrance hall leading to a separate reception room and a convenient downstairs WC. The modern cream gloss kitchen/diner is well-equipped, though there may be scope for enhancement or reconfiguration depending on future needs. On the first floor, you will encounter two generously sized double bedrooms alongside a good-sized single bedroom and a family bathroom with shower over bath. The second floor features an expansive principal bedroom complete with its own bathroom that includes a walk-in shower, which can be further optimized to maximize space for an additional room. With an abundance of natural light throughout and views overlooking Ashburton Playing Fields, the property also boasts ample storage solutions and a large south-west facing garden ready for landscaping or personal touch. The location offers excellent transport links to London via East Croydon station and is within walking distance of quality schools as well as local amenities along Lower Addiscombe Road. This residence presents numerous possibilities for those looking to personalize their home or invest in a rapidly developing area.

Investment Analysis

(CR0 area)

Below Market Value

This property is priced -23.3% below area average per sq ft

-23.3%
Potential saving
This Property
£337/sq ft
Area Average
£440/sq ft
Avg Rent (weekly)
£381
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£717,527
10% above area average per sq ft
Potential ROI
+31.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
107
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CR0)

Area prices are stable by +0.8% over the last 12 months
3 year growth: +1.4%
5 year growth: +2.6%
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

Shirley Road, Addiscombe
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,889
Based on a loan of £375,000 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

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