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Haddon Close, New Malden

London

£650,000
Listed on 04/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
872 sqft

Description

This three-bedroom semi-detached house presents a promising opportunity for renovation and investment within the growing community of New Malden. Nestled on an above-average plot, the property boasts the largest driveway in its close, along with a separate private garage, enhancing both convenience and potential appeal. As you enter, a spacious paved driveway comfortably accommodates two to three vehicles, providing ample off-street parking. The home features a double-glazed storm porch that leads into a bright hallway, guiding you to a modern kitchen equipped with generous cabinetry and side access. The expansive through reception room offers flexibility for dining and relaxation, highlighted by sliding doors that open onto a paved patio area—ideal for outdoor gatherings—and lead to the secluded south-facing garden and detached garage. The first floor comprises three well-sized bedrooms along with a family bathroom and separate WC, offering straightforward functionality while leaving room for personalization or updates. Additional features include a contemporary gas-fired heating system and generous room dimensions that create an inviting atmosphere throughout. Situated off New Malden High Street in a quiet residential close, this property benefits from proximity to local amenities while providing an opportunity for future expansion (subject to planning permission). With no onward chain, this home is not only suited for immediate living but also positioned as an attractive investment for those looking to add value through renovation.

Investment Analysis

(KT3 area)

Above Market Value

This property is priced +20.8% above area average per sq ft

+20.8%
This Property
£745/sq ft
Area Average
£617/sq ft
Avg Rent (weekly)
£514
Avg Yield
4.0%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£591,922
10% above area average per sq ft
Potential ROI
-11.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (KT3)

Area prices are stable by +0.7% over the last 12 months
3 year growth: 12.0%
5 year growth: 16.3%
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

Haddon Close, New Malden
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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