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Cromer Road, London

London

£500,000

Listed on 24/09/2026

The listing

Property details

Bedrooms
3
Type
Terraced

Description

This terraced house presents a practical layout, featuring a spacious reception room that serves as an ideal space for relaxation, dining, and entertaining. The kitchen is generously sized, providing ample storage and workspace, while three bedrooms offer flexibility for modern living, accommodating various needs such as bedrooms, a home office, or additional living areas. A key highlight of this property is its significant potential for transformation. With creative vision, it can be personalized to create a truly unique home. The accompanying photographs illustrate possible updates and styling options, helping prospective buyers to envision the possibilities. Conveniently located near Norwood Junction Station, this home offers excellent transport connections into Central London and beyond. The combination of local amenities, transport links, and the opportunity to customize the property makes it an intriguing prospect. Whether you're stepping onto the property ladder, investing for the future, or seeking a project with ample scope for improvement, this property on Cromer Road presents a chance to add value and create something special. Given its potential in such a well-connected South Norwood location, early viewing is highly recommended to appreciate the space, location, and opportunities this property has to offer.

WHOTS analysis

Our WHOTS verdict

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

53out of 100
Grade DWeak opportunity

Confidence: LOW

This terraced house on Cromer Road presents a practical layout with a generous reception area, flexible bedrooms, and a modern kitchen, making it a solid choice for those looking to add their personal touch. While the property shows signs of wear, particularly in the living areas and bedrooms, this provides an excellent canvas for renovation. The garden and overall exterior are in good condition, adding to the appeal.

Located in South Norwood, the property benefits from good transport links and local amenities, enhancing its potential for value addition. With a refurbishment budget of £40,000 to £80,000, there is considerable scope to transform this home into something special. Although the floor area is missing, making a direct price comparison challenging, the asking price of £500,000 presents an opportunity for those ready to invest in a project with significant potential.

Key opportunities

  • Generous reception room ideal for entertaining, with potential for modern styling.
  • Flexible use of bedrooms can cater to various needs, from home office to guest rooms.
  • Modern kitchen layout provides a functional space that can be enhanced further.

Key risks

  • Visible wear in living areas could require more extensive refurbishment.
  • Some bedrooms are cluttered and need decoration, which could impact initial costs.

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Map

Location

Cromer Road, London
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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
£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.

Tax

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