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Cranley Drive, Newbury Park IG2 - Image 1
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Cranley Drive, Newbury Park IG2

London

£550,000
Listed on 08/08/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1184 sqft

Description

This mid-terrace house features three bedrooms and is situated in the highly desirable area of Newbury Park. The property is offered without a chain, providing an attractive option for prospective buyers looking to make a quick transition into their new home. Upon entering, you are greeted by two generous reception rooms that provide flexible living space suitable for both relaxation and entertaining. The ground floor also includes a convenient downstairs WC, enhancing everyday functionality. A rear extension adds to the versatility of the layout, allowing for various potential uses tailored to your lifestyle. The three bedrooms are well-sized, catering perfectly to families or individuals who appreciate extra space for guests or a home office. With two bathrooms available, morning routines can flow more smoothly, accommodating the needs of busy households. The garden is another appealing aspect of this property, offering ample outdoor space that could be transformed into a private retreat or an area for gardening enthusiasts. There’s also significant potential for further expansion of the property, subject to the necessary planning permissions. This flexibility allows you to personalize and enhance the home according to your vision. Located conveniently near Newbury Park Station, this property benefits from excellent transport links, making it ideal for commuters. Additionally, there are several reputable schools in close proximity, making it a suitable choice for families looking to settle in a nurturing community. In summary, this mid-terrace house not only offers spacious living accommodations but also presents an opportunity for renovation and investment in a thriving neighborhood. With its blend of practical features and location advantages, this property stands out as a promising option for those looking to invest in their future.

Investment Analysis

(IG2 area)

Below Market Value

This property is priced -3.5% below area average per sq ft

-3.5%
Potential saving
This Property
£465/sq ft
Area Average
£481/sq ft
Avg Rent (weekly)
£412
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£55,000 - £137,500
10-25% of property value
Target Value
£626,845
10% above area average per sq ft
Potential ROI
-8.8%
After renovation
Monthly Sales
8
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (IG2)

Area prices are rising by +5.2% over the last 12 months
3 year growth: -1.9%
5 year growth: 15.9%
Investment Disclaimer: Analysis based on IG2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Cranley Drive, Newbury Park IG2
Map showing location of Cranley Drive, Newbury Park IG2
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