Worst House on the Street Logo
Worcester Close, Mitcham, CR4 - Image 1
Worcester Close, Mitcham, CR4 - Image 2
Worcester Close, Mitcham, CR4 - Image 3
Worcester Close, Mitcham, CR4 - Image 4
Worcester Close, Mitcham, CR4 - Image 5
Worcester Close, Mitcham, CR4 - Image 6
Worcester Close, Mitcham, CR4 - Image 7
Worcester Close, Mitcham, CR4 - Image 8
Worcester Close, Mitcham, CR4 - Image 9
Worcester Close, Mitcham, CR4 - Image 10
Worcester Close, Mitcham, CR4 - Image 11

Worcester Close, Mitcham, CR4

South East

£525,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
880 sqft

Description

This three-bedroom end-of-terrace home presents a unique opportunity for renovation and investment, located on the quiet and family-oriented Worcester Close. Having been cherished by the same owners for nearly 50 years, it’s now ready for a fresh chapter and offers significant potential for those looking to customize a space or capitalize on its investment value. Spanning approximately 1,274 sq. ft., the property features a spacious through reception room that boasts original parquet flooring and a charming feature fireplace, providing a warm focal point for the living area. The galley-style kitchen is equipped with ample cabinetry and connects to a separate utility/storage room, enhancing functionality on the ground floor. The upper level accommodates three well-sized bedrooms along with a modern four-piece family bathroom, making it suitable for families or as rental accommodation. Outside, the rear garden is primarily laid to lawn and surrounded by mature shrubs, creating an inviting outdoor space that offers privacy and tranquility. A notable asset is the substantial double garage at the rear of the garden, which could serve multiple purposes—be it as a workshop, secure parking area, home office, or additional storage. The front garden further increases the property’s appeal with ample space for off-street parking. Its prime location just a three-minute walk from Mitcham Eastfields Station makes it highly convenient for commuters while being within reach of reputable local schools and the expansive green spaces of Mitcham Common. Properties like this are seldom available on the market and present a valuable investment opportunity due to their potential for modernization and enhancement. Viewings are encouraged to fully appreciate both its current charm and future possibilities.

Investment Analysis

(CR4 area)

Above Market Value

This property is priced +19.1% above area average per sq ft

+19.1%
This Property
£597/sq ft
Area Average
£501/sq ft
Avg Rent (weekly)
£422
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£484,968
10% above area average per sq ft
Potential ROI
-17.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Worcester Close, Mitcham, CR4
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,923
Based on a loan of £393,750 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.

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