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Rosemead Avenue, Mitcham

South East

£495,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
934 sqft

Description

This three-bedroom home in a sought-after residential neighborhood of South London presents an excellent opportunity for renovation and investment. Featuring two spacious reception rooms and a separate kitchen, this property is primed for modernisation, allowing prospective owners or developers to tailor it to their specific tastes and needs. Situated close to several reputable schools and expansive green spaces, such as Mitcham Common, the location appeals to families and professionals alike. The area boasts strong transport connections; Mitcham Eastfields Station offers direct services to Balham and London Victoria, enhancing the commute for those working in Central London. Given the high demand for rental properties in this region, there is significant potential for value appreciation through careful refurbishment. This home represents a solid prospect for investors looking to capitalize on the growing market or homeowners wishing to create a personalized living space. With its combination of accessibility and community amenities, this property is worth consideration for anyone looking to make a strategic investment or establish roots in an emerging area.

Investment Analysis

(CR4 area)

Above Market Value

This property is priced +5.3% above area average per sq ft

+5.3%
This Property
£530/sq ft
Area Average
£503/sq ft
Avg Rent (weekly)
£406
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£517,142
10% above area average per sq ft
Potential ROI
-5.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CR4)

Area prices are rising by +9.1% over the last 12 months
3 year growth: +8.0%
5 year growth: +13.7%
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

Rosemead Avenue, Mitcham
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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
£1,785
Based on a loan of £371,250 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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