4 Bed Terraced House, Planning Permission, CR7 7AU, £625,000

Bensham Manor Road, London, Surrey, CR7 7AU - 2 views - 2 months ago

Planning
~129 m²
+13 photos

ValuationOvervalued

Sold Prices£211.3K - £708K
Sold Prices/m²£1.7K/m² - £8.2K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.8K/m²

Value Estimate

£503,657

 

 

End Value (After Refurb)

£616,572

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£156,250

Stamp Duty & Legal Fees

£40,700

Refurb Costs

£68,381

Bridging Loan Interest

£16,406

Total Cash In

£283,487

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£616,572

Mortgage (After Refinance)

£462,429

Mortgage LTV

75%

Cash Left In

£283,487

Equity

£154,143

Rent Range

£1,745 - £3,750

Rent Estimate

£2,214

Running Costs/mo

£2,390

Cashflow/mo

£-176

Cashflow/yr

£-2,107

Gross Yield

4%

Local Sold Prices

50 sold prices from £211.3K to £708K, average is £505K. £1.7K/m² to £8.2K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£432K11/200.1 mi42, Cotford Road, Thornton Heath, Greater London CR7 8RB4
£685K01/230.14 mi11, Boswell Road, Thornton Heath, Greater London CR7 7RZ4
£492.5K12/220.27 mi87, Kynaston Avenue, Thornton Heath, Greater London CR7 7BZ4
£308K05/230.3 mi28, Liverpool Road, Thornton Heath, Greater London CR7 8LS4
£510K12/200.31 mi108, Woodville Road, Thornton Heath, Greater London CR7 8LJ4
£350K03/230.33 mi2, St Pauls Road, Thornton Heath, Greater London CR7 8NB4
£300K04/220.34 mi59, Woodville Road, Thornton Heath, Greater London CR7 8LN4
£471.3K11/210.36 mi39, Ladbrook Road, London, Greater London SE25 6QE4
£360K02/230.38 mi7, Saxon Road, London, Greater London SE25 5EQ4
£480K03/210.38 mi14, Saxon Road, London, Greater London SE25 5EQ4
£590.5K01/210.38 mi15, Quadrant Road, Thornton Heath, Greater London CR7 7DB4
£600K01/210.41 mi34, Norfolk Road, Thornton Heath, Greater London CR7 8ND4
£460K12/210.44 mi12, Melfort Avenue, Thornton Heath, Greater London CR7 7RH4
£392.5K07/210.45 mi81, Clifton Road, London, Greater London SE25 6PX4
£580K04/210.46 mi221, Ross Road, London, Greater London SE25 6TN4
£585K06/210.46 mi181, Ross Road, South Norwood, London, Greater London SE25 6TN4
£475K05/210.47 mi23, Foxley Road, Thornton Heath, Greater London CR7 7DX4
£708K08/220.48 mi15, Prince Road, London, Greater London SE25 6NN4
£455K12/200.48 mi26, Lakehall Gardens, Thornton Heath, Greater London CR7 7EL4
£551.7K06/210.5 mi40, Buller Road, Thornton Heath, Greater London CR7 8QW4
£495K08/210.52 mi129, Whitehorse Lane, London, Greater London SE25 6RB4
£480K01/210.53 mi99, Richmond Road, Thornton Heath, Greater London CR7 7QF4
£480K03/210.55 mi96, Richmond Road, Thornton Heath, Greater London CR7 7QD4
£545K11/200.63 mi201, Selhurst Road, London, Greater London SE25 6LB4
£211.3K03/230.64 mi244, Melfort Road, Thornton Heath, Greater London CR7 7RQ4
£480K05/210.68 mi78a, Selhurst New Road, London, Greater London SE25 5PU4
£350K03/210.68 mi16, Huntly Road, London, Greater London SE25 6QY4
£535K05/210.69 mi87, Moffat Road, Thornton Heath, Greater London CR7 8PY4
£490K10/210.69 mi4, Malvern Road, Thornton Heath, Greater London CR7 7LH4
£495K03/210.7 mi31, Annsworthy Crescent, London, Greater London SE25 6TF4
£550K10/210.71 mi101, Whitworth Road, London, Greater London SE25 6XL4
£620K02/210.73 mi9, Burlington Road, Thornton Heath, Greater London CR7 8PG4
£556K01/210.75 mi72, Wharncliffe Road, London, Greater London SE25 6SL4
£570K01/230.76 mi100, Warwick Road, Thornton Heath, Greater London CR7 7NG4
£510K03/210.77 mi260, Melfort Road, Thornton Heath, Greater London CR7 7RR4
£510K12/200.77 mi97, Warwick Road, Thornton Heath, Greater London CR7 7NN4
£565K08/220.77 mi77, Warwick Road, Thornton Heath, Greater London CR7 7NN4
£650K01/230.8 mi172, Strathyre Avenue, London, Greater London SW16 4RQ4
£413K02/210.81 mi191, Livingstone Road, Thornton Heath, Greater London CR7 8JZ4
£420K03/210.82 mi9, Colvin Road, Thornton Heath, Greater London CR7 6AB4
£485.1K12/200.82 mi53, Thornhill Road, Croydon, Greater London CR0 2XZ4
£510K11/200.83 mi10, Fairlands Avenue, Thornton Heath, Greater London CR7 6HA4
£605K03/210.83 mi36, Ross Road, South Norwood, London, Greater London SE25 6SB4
£500K06/210.83 mi16, Ross Road, South Norwood, London, Greater London SE25 6SE4
£595K01/230.84 mi31, Wharncliffe Gardens, London, Greater London SE25 6DG4
£441K12/210.85 mi65, Fairlands Avenue, Thornton Heath, Greater London CR7 6HD4
£522.5K04/230.87 mi16, Goldwell Road, Thornton Heath, Greater London CR7 6HS4
£665K03/210.88 mi115, South Norwood Hill, London, Greater London SE25 6DD4
£510K02/230.88 mi47, Dalmeny Avenue, London, Greater London SW16 4RS4
£580K06/220.88 mi123, South Norwood Hill, London, Greater London SE25 6DD4

Local Rents

50 rents from £1.7K/mo to £3.8K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£2,10004/240.12 miBensham Manor Road, CR73
£2,30001/250.16 mi-3
£2,70005/240.17 miKynaston Road, Thornton Heath, CR74
£2,45005/240.17 mi-4
£2,40005/240.18 mi-3
£2,40004/240.18 miGilsland Road, Thornton Heath, CR73
£2,20003/240.18 miZion Road, Thornton Heath, Surrey, CR74
£2,10003/240.18 miZion Road, Thornton Heath, Surrey, CR74
£1,99503/240.18 miZion Road, Thornton Heath, Surrey, CR74
£1,94504/240.18 miZion Road, Thornton Heath, Surrey, CR74
£1,89504/240.18 miZion Road, Thornton Heath, Surrey, CR74
£1,84505/240.18 miZion Road, Thornton Heath, Surrey, CR74
£2,10003/240.19 miZion Road, Thornton Heath, Surrey, CR73
£1,90003/240.19 miZion Road, Thornton Heath, CR73
£2,20012/240.19 mi-3
£3,60003/250.2 mi-5
£2,04003/250.22 mi-3
£2,10004/240.22 miGeneva Road, Thornton Heath, Surrey, CR73
£2,15003/240.23 miBennington Close, Thornton Heath, CR73
£2,10003/250.24 mi-3
£2,10003/240.25 miBerne Road, Thornton Heath, CR73
£2,20003/240.26 miTalbot Road, THORNTON HEATH3
£2,20005/240.27 miTalbot Road, Thornton Heath, CR73
£2,30003/240.27 miKynaston Avenue , CR73
£2,30003/240.27 miKynaston Avenue , CR73
£2,30003/240.27 miKynaston Avenue , CR7 7BW3
£2,30004/240.27 miKynaston Avenue , CR7 7BW3
£2,40001/250.28 mi-4
£2,40012/240.32 mi-4
£2,20012/240.32 mi-3
£2,30012/240.33 mi-4
£2,30012/240.34 mi-4
£1,95008/240.34 mi-3
£1,99901/250.35 mi-3
£1,74502/250.35 mi-3
£2,85002/240.36 mi-3
£3,00005/240.36 mi-3
£2,75012/240.36 mi-3
£3,75012/240.36 mi-3
£2,80012/240.36 mi-3
£2,70002/250.36 mi-3
£2,50002/250.36 mi-3
£2,00002/250.36 mi-3
£1,80003/240.36 miParchmore Road, Thornton Heath, CR73
£2,00008/240.38 mi-3
£2,20005/240.38 miWarlingham Road, Thornton Heath, CR73
£1,90002/240.39 mi-3
£1,85004/240.39 miParchmore Road, THORNTON HEATH3
£1,85005/240.39 miParchmore Road, THORNTON HEATH3
£2,15012/240.4 miCoppice Yard, Bell Foundry Close, Croydon, CR03

Local Area Statistics

Population in cr7

44,620

Nearest school

0.20 miles away

Nearest train station

0.19 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Price changed to £625,000

March 12, 2025

Listed for £650,000

January 17, 2025

Floor Plans

Description

  • Fitted Kitchen +
  • En suite +
  • Double glazing +
  • Parking +
  • Driveway +

Introducing this exceptional residential property located at Bensham Manor Road, Thornton Heath, CR7 7. This stunning semi-detached house offers a unique investment opportunity with the potential to convert into 3 flats, subject to planning permission, making it an appealing option for both homebuyers and investors. Boasting 4 bedrooms and 3 bathrooms, this property is on the market for £650,000.00.

The property features a well-appointed fitted kitchen, en-suite facilities, double glazing, parking, and a driveway, providing convenience and comfort for its future residents. Additionally, its close proximity to various amenities adds to its appeal, with Thornton Heath Childrens Centre, Maple House School, and Chestnut Park Primary School all within 1km. For higher education, the University of London and London School of Modern Studies are less than 1.5km away, providing excellent educational opportunities for families.

Convenience is key, and this property is perfectly situated near Thornton Heath Superstore, Agora Brazilian & Portuguese Grocery, and Iceland, all within 1km. For dining and entertainment, residents can enjoy easy access to Front Line Jerk Hut, Jerk Island, Croydon Shopping Centre, and Thornton Road Retail Park, all within 1km. Additionally, healthcare needs are met with Croyden P B C, Thornton Heath Health Centre, and Wilkes Pharmacy all within a short distance.

Transportation is a breeze with Thornton Heath station just 0.3km away, providing easy access to central London and beyond. The property is also conveniently located near bus stops, ensuring seamless travel within the area. For leisure and recreation, residents can enjoy proximity to Thornton Heath Leisure Centre, Stones Gym, London & Burton Noted Ales, and Crystals Nightclub. Furthermore, the property is conveniently located near Thornton Heath Library, Northbrook Road Playground, and Bensham Manor Allotments, offering a balance of relaxation and entertainment.

This exceptional property also benefits from its close proximity to Croydons vibrant nightlife, cinemas, parks, post offices, and libraries, providing a diverse range of activities for residents. With its potential for conversion, prime location, and array of nearby amenities, this property presents a rare and lucrative opportunity for those seeking a valuable investment in a thriving and sought-after area.

Dont miss out on this exceptional property - seize the opportunity to own a versatile and promising asset in the heart of Thornton Heath. Enquire now to arrange a viewing and take the first step toward making this property your own.

Agent Details

GrowPortfolio, London

020 3834 8752

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪