Worst House on the Street Logo
Russell Road, Mitcham - Image 1
Russell Road, Mitcham - Image 2
Russell Road, Mitcham - Image 3
Russell Road, Mitcham - Image 4
Russell Road, Mitcham - Image 5
Russell Road, Mitcham - Image 6
Russell Road, Mitcham - Image 7
Russell Road, Mitcham - Image 8
Russell Road, Mitcham - Image 9
Russell Road, Mitcham - Image 10
Russell Road, Mitcham - Image 11

Russell Road, Mitcham

South East

£475,000
Listed on 27/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
927 sqft

Description

This end-of-terrace house offers ample space with three bedrooms and presents a promising opportunity for renovation and investment. Conveniently situated in a well-regarded area of Mitcham, the property is sold with no onward chain, providing a straightforward purchasing process. The home features a garage located at the side, along with a generous section of side garden that holds potential for an extension, pending the usual planning approvals. While the property has gas central heating, it currently requires modernisation and redecoration, making it an appealing blank canvas for those looking to add value and tailor the space to their preferences. Inside, the layout comprises an entrance hall leading to two reception rooms; the front room includes a round bay double-glazed window adding natural light, while the rear room provides access through double-glazed doors to the garden. The kitchen is functional but may benefit from updates, and flows into a conservatory that offers additional living space. On the upper level, you'll find three bedrooms and a bathroom equipped with essential features. Each bedroom is well-proportioned, allowing for various configurations depending on your needs. Outside, both the rear and side gardens are accessible via a gate, providing further potential for landscaping or expansion. The garage offers secure off-street parking and storage options. With its strategic location near Mitcham town centre and transport links, this property not only presents immediate comfort but also significant investment potential in an evolving neighborhood.

Investment Analysis

(CR4 area)

Above Market Value

This property is priced +2.3% above area average per sq ft

+2.3%
This Property
£512/sq ft
Area Average
£501/sq ft
Avg Rent (weekly)
£422
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£510,870
10% above area average per sq ft
Potential ROI
-0.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (CR4)

Area prices are rising by +8.9% over the last 12 months
3 year growth: 7.8%
5 year growth: 12.9%
Investment Disclaimer: Analysis based on CR4 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

Russell Road, Mitcham
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,740
Based on a loan of £356,250 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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