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Croindene Road, London SW16

London

£460,000

Listed on 03/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1066 sqft

Description

Nestled in a tranquil residential area of Norbury, this three-bedroom terraced house offers significant potential for renovation and customization. With a generous living space and a private garden, it is suited for families, professionals, or those seeking a wise investment opportunity. This property is available without any onward chain, enhancing its appeal for buyers eager to infuse their personal touch into the home. The ground floor comprises a bright reception room and a separate dining area connected to an open-plan kitchen. Sliding doors provide easy access to the garden, allowing for outdoor gatherings and leisurely relaxation. While the interior requires modernization, it stands as an inviting blank canvas ready to be updated according to your vision. Upstairs features three spacious bedrooms adaptable for family needs, guest stays, or even remote work arrangements. The existing four-piece bathroom adds functionality to the layout, which benefits from ample natural light. Positioned strategically in Norbury within the London Borough of Croydon, residents are just moments away from Norbury Station that ensures efficient commuting to London Victoria and London Bridge. Additional bus services connect you conveniently with surrounding areas such as Streatham, Thornton Heath, and Croydon Town Centre.

Investment Analysis

(SW16 area)

Below Market Value

This property is priced -24.8% below area average per sq ft

-24.8%
Potential saving
This Property
£432/sq ft
Area Average
£574/sq ft
Avg Rent (weekly)
£427
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£672,662
10% above area average per sq ft
Potential ROI
+34.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
67
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (SW16)

Area prices are falling by -2.3% over the last 12 months
3 year growth: -1.8%
5 year growth: -1.4%
Investment Disclaimer: Analysis based on SW16 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

Croindene Road, London SW16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,641
Based on a loan of £345,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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