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California Road, New Malden

London

£425,000
Listed on 28/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
689 sqft

Description

This two-bedroom, freehold period cottage presents a unique investment opportunity in a sought-after London location. The accommodation spans two floors, offering a light-filled layout that can be tailored to modern living. While the property features a contemporary fitted kitchen and an unconventional downstairs shower room, there is considerable potential for further enhancement. The cottage already benefits from gas central heating and double glazing, but the scope for side and rear extensions could significantly increase its value. The manageable paved rear garden adds to the appeal, making it a perfect canvas for outdoor improvements. Situated conveniently near both New Malden and Kingston town centres, this property holds promise for both first-time buyers and seasoned investors looking to capitalize on renovation opportunities.

Investment Analysis

(KT3 area)

Above Market Value

This property is priced 0.0% above area average per sq ft

0.0%
This Property
£617/sq ft
Area Average
£617/sq ft
Avg Rent (weekly)
£514
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£467,700
10% above area average per sq ft
Potential ROI
+1.7%
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

California 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
£1,557
Based on a loan of £318,750 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