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Gonville Road, Thornton Heath CR7 - Image 1
Gonville Road, Thornton Heath CR7 - Image 2
Gonville Road, Thornton Heath CR7 - Image 3

Gonville Road, Thornton Heath CR7

South East

£500,000
Listed on 01/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1588 sqft

Description

This three-bedroom Victorian terraced house presents an excellent opportunity for renovation, seamlessly merging its historical charm with modern living potential. The property features two expansive reception rooms with high ceilings and original period details, providing a warm ambiance that could be enhanced with contemporary upgrades. The spacious kitchen, complete with a central island, is functional yet ripe for modernization, while the utility room offers practical space that leads directly to a private garden—ideal for outdoor improvements or landscaping projects. Upstairs, three generously sized double bedrooms offer ample natural light and period character, making them perfect candidates for redecoration or even layout alterations to maximize the space's efficiency. The existing bathrooms are functional but may benefit from stylish refurbishments in line with today’s design trends. A notable feature is the large cellar which holds significant potential for conversion into additional living space or leisure areas (subject to planning permission), thus increasing the property's overall value. This adaptable area aligns well with the demands of modern family life. Located in a tranquil and sought-after neighborhood of the South East, this home is close to various amenities such as schools, shops, and transport links—enhancing its appeal for families and professionals alike. Given its location, character and spaciousness, this property holds remarkable investment potential for those looking to create their ideal home or capitalize on its rental possibilities.

Investment Analysis

(CR7 area)

Below Market Value

This property is priced -26.4% below area average per sq ft

-26.4%
Potential saving
This Property
£315/sq ft
Area Average
£428/sq ft
Avg Rent (weekly)
£390
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£746,932
10% above area average per sq ft
Potential ROI
+33.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (CR7)

Area prices are rising by +7.5% over the last 12 months
3 year growth: +2.5%
5 year growth: +14.3%
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

Gonville Road, Thornton Heath CR7
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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 £375,000 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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