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Highland Road, Purley CR8

South East

£725,000

Listed on 21/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
1490 sqft

Description

Nestled in a tranquil cul-de-sac, this four double bedroom detached bungalow presents an ideal canvas for renovation and investment. Originally built in the 1980s by Skandia Hus, its Scandinavian architecture offers an intriguing character alongside a solid foundation for modern updates. The property showcases energy-efficient features such as triple glazing and comprehensive insulation, providing potential energy savings while offering a comfortable living environment.

This spacious layout includes a welcoming entrance hall with cherry wood flooring that sets an inviting tone for residents and guests alike. The expansive dual-aspect sitting and dining room is flooded with natural light and provides views of the surrounding greenery, offering plenty of room to reconfigure or modernize according to personal taste.

The kitchen/breakfast area, situated at the rear with garden views, comes equipped with a range of fitted units and appliances, including a Neff double oven. While functional, there is ample opportunity to enhance this space into a contemporary culinary hub. Adjacent is a utility room that could also be transformed as needed.

All four generously sized bedrooms offer flexibility for families or those working from home, with the principal bedroom featuring built-in wardrobes and an en-suite bathroom. The potential to extend further—subject to planning permission—could significantly increase both living space and value.

The exterior boasts a well-established garden perfect for relaxation or outdoor gatherings. With the advantage of gated access on both sides and ample parking via the detached double garage, this property provides practical solutions while presenting numerous avenues for enhancement. Located conveniently near local transport links and schools, this home combines comfort with substantial potential for making it truly your own.

Investment Analysis

(CR8 area)

Above Market Value

This property is priced +4.2% above area average per sq ft

+4.2%
This Property
£487/sq ft
Area Average
£467/sq ft
Avg Rent (weekly)
£475
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Target Value
£765,659
10% above area average per sq ft
Potential ROI
-6.1%
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
8%
Properties sold annually

Local Market Trend (CR8)

Area prices are stable by -0.7% over the last 12 months
3 year growth: +9.1%
5 year growth: +2.8%
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

Highland Road, Purley CR8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,739
Based on a loan of £543,750 over 30 years at 4.45% 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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