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Salem Place, Croydon CR0

South East

£375,000

Listed on 13/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
720 sqft

Description

This appealing semi-detached house presents a promising opportunity for renovation and investment. Comprising three bedrooms, the property is situated in a desirable residential neighbourhood, featuring a garden that offers potential for outdoor landscaping or expansion. Off-street parking adds to the practicality of this home. Inside, the spacious living area serves as a blank canvas for modernising into an inviting entertainment space or personal retreat. The kitchen, while functional with traditional appliances and storage, may benefit from updating to meet contemporary living standards. The first floor hosts three reasonably sized bedrooms which could be transformed into tranquil havens with some thoughtful design. The family bathroom includes modern fixtures but might warrant minor updates to enhance comfort and functionality. With its proximity to local amenities, schools, and transport links, this property not only provides immediate convenience but also significant potential for value appreciation through judicious refurbishments. This is an excellent chance for those looking to create their ideal home or investment venture in the South East region.

Investment Analysis

(CR0 area)

Above Market Value

This property is priced +17.9% above area average per sq ft

+17.9%
This Property
£521/sq ft
Area Average
£442/sq ft
Avg Rent (weekly)
£375
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£349,906
10% above area average per sq ft
Potential ROI
-15.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
113
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CR0)

Area prices are stable by +1.1% over the last 12 months
3 year growth: +1.7%
5 year growth: +2.5%
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

Salem Place, Croydon CR0
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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
£1,338
Based on a loan of £281,250 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

Price History

-3.8% since listed
£375,000£15,000(-3.8%)
12/05/2026
Current price
£390,000Initial listing
31/03/2026

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