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Stretton Road, Croydon

South East

£500,000

Listed on 12/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1230 sqft

Description

This generously sized terraced house in Croydon presents an exceptional opportunity for renovation-minded buyers. The property, featuring three spacious double bedrooms, is chain-free and offers significant potential for investment. While current finishes are of a good standard, there are areas where updates could enhance both functionality and aesthetic appeal. The open-plan living area is well-designed but could benefit from modernization to reflect contemporary tastes. The sizable kitchen comes equipped with built-in appliances and ample storage, yet a fresh design could elevate its usability and style. The large garden provides not only outdoor space but also the possibility to create a more versatile environment, whether that be a children's play area or a stylish outdoor entertaining space. Additionally, the potential for converting the loft (subject to planning permission) opens up avenues for further investment value. Located close to East Croydon station, this property is ideally situated for families seeking accessibility while also allowing room for future enhancements.

Investment Analysis

(CR0 area)

Below Market Value

This property is priced -7.6% below area average per sq ft

-7.6%
Potential saving
This Property
£407/sq ft
Area Average
£440/sq ft
Avg Rent (weekly)
£381
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£595,117
10% above area average per sq ft
Potential ROI
+8.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Stretton Road, Croydon
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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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