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Falconwood Road, Croydon CR0 - Image 1
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Falconwood Road, Croydon CR0

South East

£499,950
Listed on 24/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
926 sqft

Description

Situated in a sought-after area of Forestdale, this semi-detached three-bedroom residence presents an excellent opportunity for renovation enthusiasts and investors alike. With the local amenities, including shops, schools, parks, and public transport links such as bus routes and tram services from Gravel Hill conveniently nearby, the location is ideal for families or those seeking an easy commute. The property is vacant and comes with no onward chain, facilitating a straightforward transition for new owners. Upon entering, you are greeted by an entrance lobby with storage space that flows into a generously sized L-shaped living and dining area, perfect for both daily living and hosting gatherings. The kitchen at the back overlooks the garden, which provides ample scope for reconfiguration or modernisation to suit personal tastes. The first floor features three bedrooms along with a shower room and a separate WC. The outdoor space includes a garden that backs onto Falconwood Meadow, adjacent to Addington Court Golf Club, ensuring a scenic outlook. There’s also an accessible garage and storage room available. This home showcases significant potential in a convenient family-oriented neighbourhood, ready for transformation into your ideal dwelling.

Investment Analysis

(CR0 area)

Above Market Value

This property is priced +22.5% above area average per sq ft

+22.5%
This Property
£540/sq ft
Area Average
£441/sq ft
Avg Rent (weekly)
£379
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£448,999
10% above area average per sq ft
Potential ROI
-16.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
112
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CR0)

Area prices are rising by +2.5% over the last 12 months
3 year growth: +2.5%
5 year growth: +4.3%
Investment Disclaimer: Analysis based on CR0 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

Falconwood Road, Croydon CR0
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,771
Based on a loan of £374,962 over 30 years at 3.91% 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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