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Old Lodge Lane, Purley CR8 - Image 1
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Old Lodge Lane, Purley CR8

South East

£425,000
Listed on 23/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1268 sqft

Description

This expansive semi-detached residence spans over 1,260 sq. ft., presenting a remarkable opportunity for those looking to invest in a property with significant renovation potential. The heart of the home features a spacious kitchen that can easily accommodate dining, making it ideal for family gatherings. The generous reception room benefits from abundant natural light, creating an open and inviting space. A conservatory offers delightful views of the garden, which is adjacent to lush greenery and Coulsdon Manor Golf Club, enhancing the indoor-outdoor living experience. The upper level houses three spacious bedrooms and a separate bathroom, providing practical living arrangements. This property is ripe for modernization and offers ample scope for extensions (subject to planning permission), making it an exciting proposition for buyers seeking to personalize their living space. Situated conveniently near public transport options, esteemed schools, and local amenities, this home balances investment potential with everyday accessibility.

Investment Analysis

(CR8 area)

Below Market Value

This property is priced -28.5% below area average per sq ft

-28.5%
Potential saving
This Property
£335/sq ft
Area Average
£469/sq ft
Avg Rent (weekly)
£446
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £75,000
Target Value
£653,813
10% above area average per sq ft
Potential ROI
+30.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (CR8)

Area prices are falling by -7.0% over the last 12 months
3 year growth: +3.3%
5 year growth: -2.9%
Investment Disclaimer: Analysis based on CR8 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

Old Lodge Lane, Purley CR8
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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
£1,505
Based on a loan of £318,750 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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