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Rosedene Avenue, Morden

London

£595,000
Listed on 05/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1119 sqft

Description

This well-proportioned mid-terrace three-bedroom home, situated on a peaceful street in Morden, is an excellent candidate for those looking to invest in a property with significant renovation potential. The home features a spacious rear garden and off-street parking with a detached garage, both of which open up possibilities for expansion, including potential rear extensions and loft conversions (subject to planning approval). Inside, the ground floor layout showcases a bright lounge and a separate dining area that overlooks the garden, providing an inviting space for family gatherings. The kitchen offers access to a covered patio area that could be transformed into an extension or simply enhanced as an outdoor entertaining space. Upstairs, the property includes two generously sized double bedrooms, a single bedroom, and a functional family bathroom arranged around a central landing. The expansive rear garden is noteworthy; its mature landscape not only provides an attractive outdoor retreat but also represents an opportunity to increase living space if desired (STPP). This property is ideally located near local amenities such as schools and transport links, making it suitable for families wanting immediate occupancy along with the scope to add considerable value in the future through renovations.

Investment Analysis

(SM4 area)

Below Market Value

This property is priced -5.8% below area average per sq ft

-5.8%
Potential saving
This Property
£532/sq ft
Area Average
£564/sq ft
Avg Rent (weekly)
£487
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£694,720
10% above area average per sq ft
Potential ROI
+7.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (SM4)

Area prices are rising by +3.3% over the last 12 months
3 year growth: +7.7%
5 year growth: +16.4%
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

Rosedene Avenue, Morden
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,146
Based on a loan of £446,250 over 30 years at 4.06% 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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