For sale Flat

38 ELLIOTT ROAD

THORNTON HEATH, GREATER LONDON CR7 7QA

3 beds 1 baths Listed 30 Jul 2025 (-355d)

£325,000

Reduced on 22 Sep 2025

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Property details

Tenure

LEASEHOLD (64 years remaining on lease)

Council tax band

C

Last sold

£178,000 Feb 2015

Local average

£258,690 (+25.6%)

Deprivation

Decile 2 (5,118 of 33,755)

Street crime

858 incidents within 1 mile (May 2026)

Key features

  • Offered with full freehold upon completion
  • Three well-sized bedrooms
  • No onward chain
  • Living/dining area
  • Private garden
  • Excellent transport links

Additional details

Garden
Yes

Description

SUMMARY
Tucked away on a quiet residential street in Thornton Heath, this charming three-bedroom home—offered with full freehold upon completion—provides a great mix of space, style, and practicality.


DESCRIPTION
Arranged over three levels, the layout is designed for modern living, with bright, well-sized rooms and a warm, inviting atmosphere throughout.

The first floor features a spacious living and dining area, perfect for relaxing or entertaining guests. The kitchen sits just off the main living space, complete with a handy utility area and bathroom. One of the three bedrooms is also located on this level, making it ideal for guests or as a home office.

Upstairs, you’ll find two further bedrooms, both filled with natural light and offering flexible space for family, work, or hobbies.

Outside, a private garden provides a peaceful retreat, complete with a shed for extra storage. Whether you're enjoying a morning coffee or hosting a summer barbecue, this outdoor space is a real bonus.

Located on Elliott Road, the property is just a short walk from Thornton Heath Station, offering direct links into Central London. Selhurst and Norbury stations are also within easy reach, and there are excellent bus connections nearby. Local shops, schools, and green spaces add to the appeal, making this a fantastic choice for families, first-time buyers, or anyone looking for a well-connected home in a vibrant South London neighbourhood.

Agents Note:  
Agents Note: We have been unable to verify material information that relates to this property. We ask that buyers make their own enquiries and satisfy themselves in regards to any
specific requirements before proceeding


Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Listed by

Thornton Heath

Sequence (UK) Limited - Connells

Reference: 165118691

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC

EPC

Price history

23% since 2007

Event Date Price % change
Listed for sale £325,000 +82.6%
Sold 18/02/2015 (11 years ago) £178,000 +22.8%
Sold 28/02/2007 (19 years ago) £145,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
17 QUADRANT ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 7DB £260,000 03/10/2025 Flat
7 BENNINGTON CLOSE, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 7FG £82,500 11/02/2025 Flat
BRAIDWOOD HOUSE, 18 FLAT 6 CHIPSTEAD AVENUE, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 7DG £230,000 24/11/2023 Flat
138A - 138B BRIGSTOCK ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 7JB £292,500 28/09/2023 Flat
138B BRIGSTOCK ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 7JB £292,500 28/09/2023 Flat
61A QUADRANT ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 7DB £210,000 08/09/2023 Flat
Same street ELLIOTT HOUSE FLAT 1 ELLIOTT ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 7QA £315,000 04/05/2023 Flat
17 QUADRANT ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 7DB £216,225 10/03/2023 Flat
22A - 22B QUADRANT ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 7DA £265,000 15/12/2022 Flat
Same street ELLIOTT HOUSE FLAT 3 ELLIOTT ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 7QA £257,000 30/11/2022 Flat
Same street ELLIOTT HOUSE FLAT 4 ELLIOTT ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 7QA £316,000 31/10/2022 Flat
Same street 12 FLAT 1 ELLIOTT ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 7QA £320,000 14/10/2022 Flat
70B BRIGSTOCK ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 7JA £280,000 06/10/2022 Flat
53 QUADRANT ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 7DB £340,000 21/09/2022 Flat
144 FLAT 1 BRIGSTOCK ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 7JB £180,000 05/08/2022 Flat
59A QUADRANT ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 7DB £325,500 29/07/2022 Flat
59 GROUND FLOOR FLAT BRIGSTOCK ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 7JH £239,000 21/04/2022 Flat
10 MELFORT ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 7RL £336,500 04/02/2022 Flat
58A BROOK ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 7RB £181,000 03/02/2022 Flat
39 FLAT A BROOK ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 7RD £287,000 19/11/2021 Flat
FLORA COURT, 20 FLAT 9 CHIPSTEAD AVENUE, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 7FP £108,000 19/08/2021 Flat
Same street 46 ELLIOTT ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 7QA £445,000 18/08/2021 Semi-detached

Street average: £330,600 (5 sales)

Area average: £242,690 (17 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 3%
10y growth 18.2%

House Price Index (HM Land Registry — official index, not sold-price averages): Croydon. Series: Flats and maisonettes. As of April 2026.

1y (index) -3%
5y (index) -6.8%
10y (index) 2.8%

Rental Range

Estimated market rent for Croydon. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,415/mo
Realistic £1,572/mo
Optimistic £1,729/mo

Based on Local Authority from postcode lookup → Croydon.

LHA (30th percentile) floor for Peterborough: £808/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Thornton Heath Library 0.1 miles
Bus stop Brook Road 0.1 miles
Shop Ibi Communications 0.2 miles
Shop Thornton Heath Barbers 0.2 miles
Train station Thornton Heath 0.2 miles
Hospital Fertility Treatment 0.5 miles
Hospital Maternity Reception 0.6 miles
Train station Selhurst 0.8 miles
University Horton Halls Reception 4.1 miles
University University of Wales Trinity Saint David London Campus 5.6 miles

Street-level crime

Category Count
Violence and sexual offences 296
Anti-social behaviour 203
Vehicle crime 100
Public order 58
Other theft 49
Drugs 44
Robbery 25
Shoplifting 24
Burglary 19
Theft from the person 17
Other crime 11
Criminal damage and arson 5
Possession of weapons 5
Bicycle theft 2
Total incidents 858

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Bensham Manor School Other 0.3 miles Outstanding — 3 Jul 2024
Winterbourne Junior Girls' School Primary 0.4 miles Good — 15 Sep 2024
Winterbourne Nursery and Infants' School Primary 0.4 miles Good — 12 Oct 2023
Winterbourne Boys' Academy Primary 0.4 miles Good — 30 Mar 2017
Thornton Heath Nursery School Nursery 0.4 miles Good — 27 Nov 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
3 Bed Maisonette, Chancellor Court, CR7 £2,300/mo 3 0.23 miles OpenRent
3 Bed Maisonette, Bensham Lane, CR7 £2,300/mo 3 0.27 miles OpenRent

Average rent: £2,300/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.71%
Max investor price (0.8%) £287,500
Target investor price (1%) £230,000
Gross yield 8.5%
Cost-to-rent ratio 11.8×
Monthly cashflow £765/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 9.7%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).