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Carew Road, Wallington

London

£400,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
883 sqft

Description

Nestled within the well-regarded Kestrel Court development, this three-bedroom mid-terrace home offers a solid foundation for those seeking to create their ideal living space. While it presents itself in need of modernization, its layout and location provide an excellent opportunity for renovation and potential value enhancement. The property features a generous living/dining area that opens directly to a private garden, making it suitable for outdoor family activities or gatherings. A separate kitchen provides ample space for culinary exploration, while the welcoming entrance hall adds to the overall functionality of the home. Upstairs, you will find three bedrooms—two spacious doubles and a single—alongside a family bathroom, all designed to accommodate various living arrangements. Situated in Wallington, this residence benefits from being in a desirable neighborhood known for its community atmosphere and access to local amenities. Proximity to public transport links makes it convenient for commuting and accessing nearby facilities. This property is an ideal candidate for buyers looking to invest in a home with renovation potential, whether as a personal residence or as part of an investment strategy. With thoughtful updates and modern finishes, it could transform into a highly desirable asset in today’s market.

Investment Analysis

(SM6 area)

Below Market Value

This property is priced -7.5% below area average per sq ft

-7.5%
Potential saving
This Property
£453/sq ft
Area Average
£490/sq ft
Avg Rent (weekly)
£362
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£475,548
10% above area average per sq ft
Potential ROI
+10.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SM6)

Area prices are rising by +4.0% over the last 12 months
3 year growth: 7.6%
5 year growth: 13.3%
Investment Disclaimer: Analysis based on SM6 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

Carew Road, Wallington
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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
£1,465
Based on a loan of £300,000 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