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Hamilton Avenue, Cheam, Sutton, SM3

Yorkshire

£550,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1072 sqft

Description

This three-bedroom semi-detached home presents an excellent opportunity for those looking to invest in a property with significant renovation potential. Located on a desirable street in Sutton, the residence is conveniently close to green spaces, essential local amenities, and well-regarded schools, making it an attractive option for families. The layout features a separate entrance porch that leads into a hallway, providing access to a spacious lounge characterized by a bay window that invites natural light. The dining room, which includes sliding doors, opens up to potential outdoor space enhancement or extension possibilities. The fitted kitchen offers functionality as is but also holds promise for modern updates. The property boasts three reasonably sized bedrooms that can be reimagined to suit various needs, alongside a family bathroom and a separate WC. Additional advantages include ample storage solutions throughout the home, off-street parking accommodating multiple vehicles, and a garage situated at the rear. Notably, this property is offered with no onward chain, streamlining the purchasing process. With its solid structure and functional layout ready for modernization, this home stands out as a canvas for buyers looking to add value through renovation. Its prime location further enhances its appeal as an investment opportunity in an area popular with both families and professionals alike.

Investment Analysis

(SM3 area)

Below Market Value

This property is priced -5.2% below area average per sq ft

-5.2%
Potential saving
This Property
£513/sq ft
Area Average
£541/sq ft
Avg Rent (weekly)
£475
Avg Yield
4.7%

Renovation Potential

Est. Renovation Cost
£55,000 - £137,500
10-25% of property value
Target Value
£638,183
10% above area average per sq ft
Potential ROI
-7.2%
After renovation
Monthly Sales
11
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (SM3)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 3.4%
5 year growth: 17.4%
Investment Disclaimer: Analysis based on SM3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Hamilton Avenue, Cheam, Sutton, SM3
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