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Elm Road, New Malden, KT3 - Image 1
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Elm Road, New Malden, KT3 - Image 4
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Elm Road, New Malden, KT3

London

£380,000
Listed on 21/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached house presents a promising opportunity for those looking to invest in a renovation project. Currently vacant and in need of refurbishment, the property is ideally positioned within a sought-after residential neighborhood, making it attractive for both owner-occupiers and developers. Potential for improvement and possible extension (subject to planning permission) opens up various avenues to maximize its value. Located approximately half a mile from New Malden train station, the property benefits from excellent transport links as well as proximity to local schools and amenities. This is a great chance to create a customized living space or capitalize on the investment potential in this desirable area.

Investment Analysis

(KT3 area)
Area Average
£619/sq ft
Avg Rent (weekly)
£564
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (KT3)

Area prices are stable by +1.4% over the last 12 months
3 year growth: 14.9%
5 year growth: 16.9%
Investment Disclaimer: Analysis based on KT3 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

Elm Road, New Malden, KT3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,392
Based on a loan of £285,000 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

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