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Mount Pleasant Road, New Malden

London

£750,000
Listed on 08/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
879 sqft

Description

This charming three-bedroom semi-detached house offers a unique opportunity for renovation and investment in a desirable location. Situated near the popular "Groves" area, this home boasts a bright, double-fronted façade and a spacious layout that is just waiting for your personal touch. Inside, the property features a dual-aspect reception area, allowing natural light to fill the space. The kitchen/dining room is equipped with elegant granite quartz work surfaces and a classic butler sink, providing an inviting space for gatherings while offering views of the garden. A convenient downstairs cloakroom adds to the functionality of the ground floor. The first floor hosts a master bedroom that benefits from full-height wardrobes and overlooks green playing fields, creating a serene retreat. Additionally, there are another double bedroom with fitted wardrobes and a single bedroom, all complemented by a generously sized bathroom featuring both a full-size bath and a double shower unit. For those looking to maximize space or consider future expansions, access to the loft via pull-down ladder reveals fully boarded storage with Velux windows at both ends. Notably, previous owners secured full planning permission (now lapsed) from Kingston Council for substantial ground floor and first-floor extensions, presenting potential for significant enhancement to the living space — ideal for those looking to invest further into their property. Externally, off-street parking is available at the front of the house with side access leading to an expansive south-facing garden stretching approximately 100 feet. This outdoor space includes raised borders and a patio area perfect for entertaining or relaxing in the sun. Additionally, there are valuable outbuildings: a brick-built studio apartment equipped with electricity, kitchenette, en-suite facilities, and ample storage options; along with a sizable summer house also benefiting from electricity. Conveniently located within walking distance of New Malden High Street and nearby New Malden and Norbiton Stations, this property is well-situated for access to local amenities and excellent schools in the catchment area. With no onward chain and substantial potential value-added opportunities through renovations or extensions, this home is an attractive prospect for investors or homeowners seeking to make it their own.

Investment Analysis

(KT3 area)

Above Market Value

This property is priced +38.3% above area average per sq ft

+38.3%
This Property
£853/sq ft
Area Average
£617/sq ft
Avg Rent (weekly)
£514
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£596,674
10% above area average per sq ft
Potential ROI
-26.3%
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

Mount Pleasant Road, 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
£2,747
Based on a loan of £562,500 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