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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 +14.8% above area average per sq ft

+14.8%
This Property
£810/sq ft
Area Average
£706/sq ft
Avg Rent (weekly)
£577
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£77,500 - £193,750
10-25% of property value
Target Value
£742,785
10% above area average per sq ft
Potential ROI
-23.3%
After renovation
Monthly Sales
25
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (SW20)

Area prices are rising by +5.2% over the last 12 months
3 year growth: 2.3%
5 year growth: 14.6%
Investment Disclaimer: Analysis based on SW20 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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
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