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Hillcross Avenue, Morden

Yorkshire

£650,000
Listed on 24/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1044 sqft

Description

This 1930s three-bedroom terraced home is strategically located within reach of Morden Town Centre and the Underground station, presenting a unique opportunity for those looking to invest in a property with substantial renovation potential. The house features off-street parking and a welcoming porch that leads into a spacious hallway, setting the tone for the home’s inherent charm and character. The ground floor boasts an expansive open-plan lounge and dining area, offering ample natural light and versatility for various living arrangements. The kitchen, while functional, serves as a blank canvas ready for modern updates or possible expansion (subject to planning permissions), enabling new owners to personalize it according to their vision. On the first floor, you'll find three well-sized bedrooms alongside a family shower room and loft access, which could be converted for additional living space (subject to planning). The rear garden is paved for easy maintenance and includes a detached garage, enhancing storage options—perfect for families or those needing extra space. This property stands out as an investment opportunity in an attractive neighborhood, close to public transport links and local amenities. Viewing this property is recommended given its potential for transformation into a beautiful family home.

Investment Analysis

(SM4 area)

Above Market Value

This property is priced +10.1% above area average per sq ft

+10.1%
This Property
£623/sq ft
Area Average
£566/sq ft
Avg Rent (weekly)
£465
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£649,420
10% above area average per sq ft
Potential ROI
-5.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SM4)

Area prices are rising by +4.8% over the last 12 months
3 year growth: 10.8%
5 year growth: 20.4%
Investment Disclaimer: Analysis based on SM4 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

Hillcross Avenue, Morden
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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
£2,381
Based on a loan of £487,500 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.

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