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See how verdicts work3-bedroom bungalow · CR2 7HZ
Listing removedReduced £20k (−2.2%) on 21 JulListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description Cray & Norton are proud to present to the market this detached bungalow situated on the sought-after Melville Avenue - offered to the market chain free, the property presents an exciting opportunity for buyers looking to modernise and create a home tailored to their own style and requirements.
The property has a lovely front garden with a driveway leading to the garage. An entrance porch provides access to the garage and opens into a spacious entrance hall complete with built-in storage.
To the front of the property is a generous double bedroom bathed in natural light from a large bay window which covers almost all of the entire wall and features fitted wardrobes and a wash basin, alongside a shower room in good condition.
The property also features an exceptionally large master bedroom and a large family bathroom, in good condition and comprising both a bath and separate shower, as well as additional storage cupboards.
The kitchen is well-proportioned and benefits from a pantry, access to the garden, garage and an outside storage area.
There is also a separate dining room and a large and impressive rear reception room with a bay window overlooking the beautifully maintained and secluded garden.
A bright lean-to floods the rear of the property with natural light and can be accessed from both the reception room and the master bedroom.
Positioned at the rear of the bungalow, the master bedroom enjoys views over the garden and benefits from two built-in wardrobes and a wash basin.
Externally, the mature rear garden offers a high degree of privacy and has been lovingly maintained, creating a peaceful outdoor retreat, with easy access side gates.
The property is ideally positioned for families and commuters alike, with an excellent selection of green spaces, reputable schools, local amenities and transport connections all within easy reach.
This property offers enormous potential throughout.
The loft space is large and particularly impressive and may offer scope for further development or reconfiguration, subject to planning permission(STPP).
With flexible accommodation and plenty of opportunity to redesign the layout, this is a fantastic chance to create a truly bespoke home in a desirable location.
Plot size: 0.12 acres Mobile coverage: EE: Green Vodafone Green Three Green O2 Green Predicted Broadband Speeds: Basic: 8 Mbps Superfast: 80 Mbps Ultrafast: 1000 Mbps Satellite / Fibre TV Availability to include BT, Sky & Virgin.
Cray & Norton Estate Agents, their clients and any joint agents give Notice that they have no authority to make or give any representations on warranties in relation to the property.
Any statements on which a purchaser wishes to rely must be checked through their solicitor or conveyancers.
These Particulars do not form part of any offer or contract and must not be relied upon as statements or representation of fact.
Any areas, measurements, dimensions are approximate and must be independently verified. The text, photographs and plans are for guidance only and are not necessarily comprehensive.
It should not be assumed that the property has necessary Planning, Building Regulation or other Consents.
We have not tested any appliances, services, facilities or equipment and Purchasers must satisfy themselves as to their adequacy and condition.
We have not investigated Title, or the existence of any Covenants or other legal matters which may affect the property.
The Borough of Croydons Best Estate Agent * Croydon Estate Agent, CR0 Estate Agent, cro Letting Agent, SE25 Estate Agent, SE25 Letting Agent, Croydon Letting Agent, Letting Agent In Croydon, Estate Agent in Croydon The Best Estate Agent in Croydon * *Data from Rightmove show that Cray & Norton took sold more properties (subject to contract) than any other Estate Agent in the following postcode areas SE25, CR0 1, cro 3, CR0 5, CR0 6, CR0 7 during the month of March 2026
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 45, Melville Avenue, Greater London
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