Silverleigh Road, Thornton Heath
South East
£700,000
Listed on 27/08/2026
Listed on 27/08/2026
The listing
Property details
Bedrooms
4Type
PlotArea
1835 sqftFeatures
- Parking
- Tenanted
Description
A four-bedroom detached house extending to approximately 1,835 sq ft, with a detached garage of around 541 sq ft. Full planning permission has been granted for demolition of the garage and construction of a separate four-bedroom detached dwelling of approximately 1,264 sq ft, with associated parking, cycle and refuse storage. The existing house is let on an Assured Shorthold Tenancy and is reported to generate £3,000 per month. The stated CIL liability for the proposed development is £10,968.48, comprising Mayoral and Croydon charges. The property is in a residential part of Thornton Heath, with local shops, schools and everyday amenities nearby. Thornton Heath Station is approximately 1.5 miles away, with rail services to Central London.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
68out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £700,000, this detached four-bedroom house is priced about 11% below the local average per square foot, making the existing home an attractive acquisition on the stated comparison. The photographed rooms look usable, with scope for a light cosmetic refresh rather than a major refurbishment; the fitted kitchen and bathroom are dated but appear functional, and the garden would benefit from clearing and routine attention.
The standout is the full planning permission for a separate four-bedroom detached home on the garage site, alongside the existing house’s substantial living space, garden and garage. The property is currently let, so buyers should check the tenancy arrangements and verify the approved scheme, conditions and associated CIL before assessing the development opportunity.
Key opportunities
- Acquire the existing house below the local average £/sqf and update its dated but serviceable finishes selectively.
- Explore the approved scheme for a separate four-bedroom detached dwelling on the garage site, subject to verifying the permission and conditions.
- Clear and tidy the garden and patio to make better use of the substantial outdoor space.
Key risks
None recorded.
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Transport
Nearest stations
Therapia Lane Tram Stop
0.8 miles
Tram · Broad Green
Thornton Heath Rail Station
0.9 miles
Train · Thornton Heath
Ampere Way Tram Stop
1.0 miles
Tram · Broad Green
Norbury Rail Station
1.0 miles
Train · Norbury
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£2,645
Based on a loan of £525,000 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
This calculation uses non-residential (land/commercial) tax rates.
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