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Cherrywood Lane, Morden, SM4

London

£700,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1076 sqft

Description

This end-of-terrace house, situated adjacent to the tranquil Cherry Wood, presents a remarkable opportunity for renovation and investment in a sought-after residential area. With three spacious bedrooms, the property caters well to family living while also holding significant potential as a rental investment. The home offers ample scope for expansion, subject to planning permission, allowing prospective buyers to enhance the ground floor layout and potentially convert the loft into an additional bedroom and bathroom. This flexibility makes it an appealing choice for those looking to create their ideal living space or capitalize on its rental value. A well-maintained garden provides an inviting outdoor area, perfect for leisure activities or gatherings, while the presence of off-street parking and a garage/shed adds convenience for occupants. Inside, the adaptable accommodation features a south-facing rear aspect that allows natural light to fill the living spaces, creating a comfortable atmosphere throughout. Located just a short distance from Cannon Hill Common, this property benefits from easy access to local amenities in Raynes Park and Morden, including schools and transport links. The combination of location and renovation potential positions this house as a compelling option for families or investors seeking long-term value.

Investment Analysis

(SM4 area)

Above Market Value

This property is priced +15.0% above area average per sq ft

+15.0%
This Property
£651/sq ft
Area Average
£566/sq ft
Avg Rent (weekly)
£465
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£669,326
10% above area average per sq ft
Potential ROI
-10.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SM4)

Area prices are rising by +4.8% over the last 12 months
3 year growth: 10.8%
5 year growth: 20.4%
Investment Disclaimer: Analysis based on SM4 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

Cherrywood Lane, Morden, SM4
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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
£2,564
Based on a loan of £525,000 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