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Mulgrave Road, Sutton

London

£1,200,000
Listed on 11/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1865 sqft

Description

This property presents a compelling investment prospect, featuring planning permission already approved for an ambitious eight-unit development. The proposed scheme includes a mix of four one-bedroom apartments, three two-bedroom units, and a standout three-bedroom penthouse apartment. Positioned in a sought-after area of South Sutton, just steps away from the mainline station and vibrant high street, this detached home offers immediate rental potential with existing tenants or can serve as the foundation for your development plans. The current layout includes two generous reception rooms, a well-sized kitchen/breakfast room, and an office space. Additionally, there is a garden room and cloakroom enhancing the ground floor's functionality. Upstairs, four bedrooms and a family bathroom complete the residence while retaining original features that add character. The south-facing rear garden wraps around the house and is complemented by ample parking on the driveway. This property not only allows you to build to your specifications but also provides options for income generation in its current state.

Investment Analysis

(SM2 area)

Above Market Value

This property is priced +28.5% above area average per sq ft

+28.5%
This Property
£643/sq ft
Area Average
£501/sq ft
Avg Rent (weekly)
£378
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,027,494
10% above area average per sq ft
Potential ROI
-22.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (SM2)

Area prices are falling by -12.6% over the last 12 months
3 year growth: -3.6%
5 year growth: -5.2%
Investment Disclaimer: Analysis based on SM2 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

Mulgrave Road, Sutton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£4,328
Based on a loan of £900,000 over 30 years at 4.06% 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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