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2-4 Greenford Road, Sutton, Surrey

London

£1,500,000
Listed on 14/05/2026

Property Details

Bedrooms
N/A
Type
Residential Development
Area
3920 sqft

Description

This freehold development site presents a valuable investment opportunity in a well-established area of South London. Spanning approximately 0.092 acres, the property features existing buildings totaling around 2,067 sqft (192sqm). With planning permission already secured for a six-storey mixed-use development, the project allows for the construction of 19 private residential units alongside a ground floor commercial space. The absence of affordable housing requirements and Gateway 2 obligations simplifies the development process, making it an attractive proposition for investors. Additionally, there is potential to acquire the site through an SPV structure, with a modest stamp duty implication on the share transfer at just 0.5%. This site offers significant renovation and development potential in a sought-after location.

Investment Analysis

(SM1 area)

Below Market Value

This property is priced -24.1% below area average per sq ft

-24.1%
Potential saving
This Property
£383/sq ft
Area Average
£504/sq ft
Avg Rent (weekly)
£391
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£600,000 - £900,000
Target Value
£2,172,601
10% above area average per sq ft
Potential ROI
-9.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (SM1)

Area prices are rising by +2.1% over the last 12 months
3 year growth: +3.6%
5 year growth: +9.4%
Investment Disclaimer: Analysis based on SM1 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

2-4 Greenford Road, Sutton, Surrey
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£5,351
Based on a loan of £1,125,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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