Worst House on the Street Logo
Mawson Close, London - Image 1
Mawson Close, London - Image 2
Mawson Close, London - Image 3
Mawson Close, London - Image 4
Mawson Close, London - Image 5

Mawson Close, London

London

£775,000
Listed on 22/11/2024

Property Details

Bedrooms
3
Type
Semi-detached house
Area
957 sqft

Description

This three-bedroom home is located in a peaceful residential cul-de-sac, just a short distance from Wimbledon Chase train station, making it an appealing choice for commuters and families alike. The property presents a valuable opportunity for renovation or expansion, with the potential to transform it into a spacious family residence or add a self-contained granny annexe. One of the standout features of this property is its expansive rear garden, which offers significant space for outdoor activities and could accommodate various improvements. Currently, there is permitted development approval to build a two-bedroom summer house (approximately 60sqm), providing the chance to create additional living space. With the right planning permissions, this could even be converted into a two-bedroom bungalow, subject to local regulations. Importantly, ample outdoor space would still remain for the primary residence. Inside, the layout includes three well-sized bedrooms—one with lovely views of the lush garden—as well as two generously proportioned reception rooms, a kitchen, and a bathroom featuring a separate WC. An attached lean-to adds further versatility to the existing layout. The home also benefits from gas central heating and double glazing throughout, ensuring comfort and energy efficiency during colder months. Additionally, off-street parking is available for several vehicles—a practical feature that enhances convenience in this desirable area. The location itself offers easy access to transport links along with an excellent array of educational and recreational facilities nearby, making it an attractive proposition for both families and investors looking to capitalize on potential growth in this vibrant community.

Investment Analysis

(SW20 area)

Above Market Value

This property is priced +14.4% above area average per sq ft

+14.4%
This Property
£810/sq ft
Area Average
£708/sq ft
Avg Rent (weekly)
£535
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£744,891
10% above area average per sq ft
Potential ROI
-14.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (SW20)

Area prices are rising by +9.5% over the last 12 months
3 year growth: 5.2%
5 year growth: 16.7%
Investment Disclaimer: Analysis based on SW20 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

Mawson Close, London
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,839
Based on a loan of £581,250 over 30 years at 4.19% 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE