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Ballards Way, Croydon

South East

£650,000

Listed on 03/09/2026

The listing

Property details

Bedrooms
3
Type
Detached
Area
1362 sqft

Description

This charming detached house offers a unique opportunity for renovation and expansion. Set on a generous plot, the property comes with existing planning permission for a two-storey extension to the rear, providing potential buyers with the chance to significantly increase living space. The home features period characteristics such as original fireplaces, including a wood-burning stove, and is filled with natural light from leaded windows. While modernisation is required throughout, the main structure appears sound, though prospective buyers should conduct their own surveys to confirm this. The accommodation includes an entrance hall with a cloakroom, a spacious sitting room with triple aspect views, a dining room, and a large kitchen that currently lacks a connected sink but could be reinstated for mortgage purposes. The first floor houses three double bedrooms, with the largest featuring an adjoining dressing room, alongside a bathroom and separate WC. Additional highlights include a side garage and off-street parking, as well as a rear garden extending approximately 2500 square feet, adorned with mature trees and shrubs. Located conveniently near Royal Russell School and Coombe Lane tram stop, which offers quick access to East Croydon station, this property is available for immediate viewings. Council Tax Band F. EPC Rating E.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

40out of 100
Grade ELow opportunity

Confidence: MEDIUM

This attractive period home boasts a substantial plot and presents a solid opportunity for renovation. While the asking price of £650,000 is positioned slightly above local averages at £477/sqf compared to £439/sqf, it still offers a chance for those looking to invest in a project with potential. The property is filled with period charm, featuring original fireplaces and an abundance of natural light from leaded light windows. However, it does require extensive modernisation throughout, including the kitchen, which currently lacks a connected sink, and the dated bathroom.

The property's strong points include planning permission for a two-storey extension, which allows for further value creation. The large garden, measuring approximately 2500 square feet, is also a significant asset that could enhance the outdoor space once maintained. Despite the weaknesses in renovation economics, with an all-in cost of £765,000 stretching the budget against local benchmarks, there is still merit in pursuing this project for the right buyer willing to invest the time and resources into transforming it into a modern family home.

Key opportunities

  • Planning permission for a two-storey extension to increase living space and value
  • Large garden of approximately 2500 square feet, perfect for outdoor enhancements
  • Original period features that can be restored to enhance the home's charm

Key risks

  • All-in costs are stretched compared to local benchmarks, making it a financial consideration for potential buyers

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Map

Location

Ballards Way, Croydon
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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
£2,456
Based on a loan of £487,500 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.

Tax

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Indicative tax based on the asking price and the options you select.

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