Penshurst Road, Thornton Heath, CR7
South East
£425,000
Listed on 24/09/2026
Listed on 24/09/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
958 sqftFeatures
- Garden
Description
This three-bedroom 1920s terraced house in Thornton Heath has a through lounge, a kitchen/breakfast room and a private rear garden. The ground floor also includes a shower room, with a family bathroom upstairs alongside the bedrooms. The property is available immediately and the listing notes that it requires updating, offering scope for a buyer to refresh the existing accommodation.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
46out of 100
Grade ELow opportunity
Confidence: MEDIUM
This 1920s terrace has a bright, usable through lounge, a notably generous kitchen/breakfast space and a private garden, giving a buyer a clear canvas to refresh the dated finishes and bring the outside back into shape. The asking price is £444/sq ft against a local average of £427, so it is not especially cheap for its floor area; more importantly, the asking price plus the £46,000–£85,000 refurbishment range leaves the likely all-in spend stretched against local benchmarks for a home of this size. That comparison is with current local average value, not a forecast of post-works value.
Key opportunities
- Refresh the dated kitchen and bathroom finishes, with the substantial kitchen/breakfast space offering room to make a more contemporary everyday living area.
- Redecorate and renew flooring to lift the dated interiors, including making good the visible wall or ceiling marking.
- Clear and improve the private rear garden, where overgrown planting and worn paving leave scope to create a more usable outdoor space.
Key risks
- The asking price plus the £46,000–£85,000 refurbishment range puts projected spend well above the current local-average benchmark for this floor area; this is not a post-renovation value forecast.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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£
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years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,606
Based on a loan of £318,750 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.
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