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Lynne Close, South Croydon

South East

£625,000

Listed on 09/07/2026

Property details

Bedrooms
3
Type
Detached Bungalow
Area
958 sqft

Description

This three-bedroom detached bungalow, located in a serene residential cul-de-sac, presents an impressive opportunity for renovation and investment. Spanning approximately 958 sq ft, the property boasts a spacious garage along with extensive potential for modernization or extension, pending necessary planning permissions. The central entrance hall leads into a generous dual-purpose reception and dining room, measuring 27'3 x 12'9, ideal for daily living as well as entertaining guests. Large windows flood the space with natural light while easily allowing for distinct seating and dining areas. Adjacent to this room is a practical kitchen equipped with ample storage units and worktop space. The accommodation includes three bedrooms: a sizeable main bedroom at 14'1 x 10'8, a second well-proportioned bedroom, and a third that can function as a home office or guest room. A family bathroom alongside a separate WC provides added convenience for family living. Additionally, there’s a loft room that holds further potential for expansion. The substantial attached garage measures around 23'11 x 17'5 and offers excellent storage options or the possibility of conversion if desired. Located conveniently close to South Croydon amenities including reliable transport links, reputable schools, and various local shops and parks, this property stands out as an attractive opportunity for those looking to make their mark through refurbishment.

Investment analysis

(CR2 area)

Above Market Value

This property is priced +40.8% above area average per sq ft

+40.8%
This Property
£652/sq ft
Area Average
£463/sq ft
Avg Rent (weekly)
£390
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£488,120
10% above area average per sq ft
Potential ROI
-30.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (CR2)

Area prices are stable by +1.9% over the last 12 months
3 year growth: +3.1%
5 year growth: +6.8%
Investment Disclaimer: Analysis based on CR2 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

Lynne Close, South 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
£2,361
Based on a loan of £468,750 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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