High Street, Thornton Heath CR7 - Image 1

High Street, Thornton Heath CR7

South East

£150,000

Listed on 01/04/2026

Property Details

Bedrooms

Type

Flat

Area

691 sqft

Description

This first-floor flat features two generously sized double bedrooms, a reception room, kitchen, and bathroom, offering a solid foundation for those looking to invest in residential property. Located on Thornton Heath High Street, this property is conveniently positioned within close proximity to local amenities and just a short walk (0.1 miles) from Thornton Heath Station. The flat currently requires modernization, making it an ideal candidate for renovation that could significantly enhance its value in a thriving area. With no onward chain, this opportunity for astute investors comes with the potential for both rental income and long-term appreciation.

Investment Analysis

(CR7 area)

Below Market Value

This property is priced -49.2% below area average per sq ft

-49.2%

Potential saving

This Property

£217/sq ft

Area Average

£428/sq ft

Avg Rent (weekly)

£390

Avg Yield

5.0%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£15,000 - £25,000

Target Value

£325,019

10% above area average per sq ft

Potential ROI

+85.7%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

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

High Street, Thornton Heath CR7

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments

£531

Based on a loan of £112,500 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.