The Drive, Coulsdon, CR5
South East
£550,000
Listed on 17/10/2026
Listed on 17/10/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
1235 sqftFeatures
- Garden
Description
This three-bedroom 1930s semi-detached house in Coulsdon has generous room proportions, a bay-fronted sitting room and a separate dining room with French doors to the garden. The kitchen sits alongside the dining room, offering scope to consider a more open arrangement, subject to the necessary consents. A ground-floor cloakroom adds convenience.
Upstairs are three bedrooms, including a principal bedroom with fitted wardrobes and an en-suite WC, together with a family bathroom. The listing also identifies potential to extend into the loft, subject to planning and other necessary approvals. Outside, a raised terrace overlooks the garden and valley outlook, with steps down to the lower garden.
The property is described as requiring updating throughout and is offered with no onward chain. It provides an opportunity to plan refurbishment and finishes to suit, while any layout changes or extension would need feasibility and consent checks. The EPC rating is D and the council tax band is E.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
59out of 100
Grade DWeak opportunity
Confidence: MEDIUM
At £550,000, this 1930s semi is priced below the local average per square foot, making it a more attractive entry point for a buyer looking to create value. Its generous living spaces, bay windows and valley outlook give the project a strong base, while the dated finishes, worn carpets and overgrown sloping garden offer plenty of scope to put your own stamp on it. The kitchen and dining room could potentially be opened up, subject to consents, and the listing also identifies loft-extension potential, subject to planning.
The numbers are less comfortable once the works are included: the purchase price plus the renovation midpoint looks tight against local benchmarks, so the value case will depend on managing the project and what the finished home can achieve. The visible exterior appears broadly intact, but the raised terrace, steps and retaining structures need closer inspection.
Key opportunities
- Acquire below the local average per square foot, with generous living spaces and bay windows to build on.
- Refresh the dated finishes and explore opening the kitchen into the dining room, subject to consents.
- Shape the overgrown sloping garden and investigate the stated loft-extension potential, subject to planning.
Key risks
- The raised terrace, steps and retaining structures need closer inspection, particularly given the sloping garden.
- Purchase plus renovation costs look tight against local benchmarks; the value case depends on controlling the project budget.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£2,078
Based on a loan of £412,500 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.
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