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Mitcham Lane, London, SW16

London

£1,300,000
Listed on 23/04/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2940 sqft

Description

This spacious link-detached Victorian home presents a unique opportunity for renovation and investment, allowing you to transform a historic property into a modern family residence. Spread over three generous floors, the house showcases an array of original features, giving it a distinctive character that reflects its period charm. Upon entering, you’ll notice the impressive scale of the rooms, highlighted by high ceilings and intricate period details. The current layout includes several reception areas, a sizable kitchen, and multiple bedrooms along with bathrooms on each level. Large bay windows enhance the brightness of the interiors, while ornamental cornices and original fireplaces serve as reminders of the home’s former elegance. There is significant potential for reconfiguration (subject to planning permission) to adapt the space for contemporary living or even to create separate units for rental income. The expansive rear garden offers a blank canvas filled with possibilities—ideal for landscaping projects, outdoor entertainment spaces, or as a peaceful retreat from urban life. In addition, the front driveway provides convenient off-street parking. Situated on Mitcham Lane, this property benefits from proximity to Streatham Common and Tooting Bec parks, as well as easy access to local amenities such as shops and popular schools. Transport links into central London are also readily available, making this home an excellent choice for those seeking both character and investment potential in a sought-after location.

Investment Analysis

(SW16 area)

Below Market Value

This property is priced -22.9% below area average per sq ft

-22.9%
Potential saving
This Property
£442/sq ft
Area Average
£574/sq ft
Avg Rent (weekly)
£469
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £300,000
Target Value
£1,855,346
10% above area average per sq ft
Potential ROI
+16.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SW16)

Area prices are stable by +0.3% over the last 12 months
3 year growth: 0.1%
5 year growth: 3.7%
Investment Disclaimer: Analysis based on SW16 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

Mitcham Lane, London, SW16
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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
£4,762
Based on a loan of £975,000 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.

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