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Alma Place, Thornton Heath CR7 - Image 1
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Alma Place, Thornton Heath CR7

South East

£375,000
Listed on 09/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
898 sqft

Description

This mid-terrace three-bedroom home presents a unique opportunity for buyers looking to create their ideal living space. Set within a well-connected area, the property is conveniently located near transport links, schools, and local amenities. Although the home requires some updating, it offers generous room sizes and ample potential for personalisation to fit your style. Key features include two reception rooms that provide flexible living options, a functional kitchen with various units and appliance space, a conservatory leading to a manageable rear garden, and a downstairs bathroom equipped with a bath suite. The first floor has three sizeable bedrooms that can be transformed into comfortable personal retreats. With no onward chain, this property is an ideal prospect for investors or those willing to undertake renovations in a desirable location.

Investment Analysis

(CR7 area)

Below Market Value

This property is priced -2.7% below area average per sq ft

-2.7%
Potential saving
This Property
£418/sq ft
Area Average
£429/sq ft
Avg Rent (weekly)
£347
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£423,865
10% above area average per sq ft
Potential ROI
+6.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (CR7)

Area prices are rising by +4.1% over the last 12 months
3 year growth: 0.8%
5 year growth: 16.8%
Investment Disclaimer: Analysis based on CR7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Alma Place, Thornton Heath CR7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,374
Based on a loan of £281,250 over 30 years at 4.19% 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE