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Erridge Road, Merton Park, London, SW19 - Image 1
Erridge Road, Merton Park, London, SW19 - Image 2
Erridge Road, Merton Park, London, SW19 - Image 3
Erridge Road, Merton Park, London, SW19 - Image 4
Erridge Road, Merton Park, London, SW19 - Image 5

Erridge Road, Merton Park, London, SW19

London

£1,600,000
Listed on 07/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1164 sqft

Description

This spacious detached home presents a promising opportunity for buyers looking to invest in a property with considerable renovation and development potential in the desirable Merton Park area. With four bedrooms, the home offers ample space that can be reimagined to meet modern living standards. Located just a short stroll from John Innes Park, residents will appreciate the serene environment, perfect for outdoor activities. The property is also conveniently situated near the highly-regarded Merton Park Primary School, making it an ideal choice for families. Additionally, Wimbledon Town Centre is easily accessible, providing excellent transport links to Central London along with a variety of shopping and leisure options. The existing structure offers a blank canvas for those interested in extending or updating the interior layout. Its sizeable garden further adds to the potential for expansion or landscaping projects that could significantly enhance value. Given its location and size, this home represents a significant investment opportunity for those willing to undertake renovations. In summary, this property not only benefits from its sought-after location but also provides ample scope for improvement and personal touches, making it an attractive option for both homeowners and investors alike.

Investment Analysis

(SW19 area)

Above Market Value

This property is priced +82.8% above area average per sq ft

+82.8%
This Property
£1,375/sq ft
Area Average
£752/sq ft
Avg Rent (weekly)
£516
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£962,669
10% above area average per sq ft
Potential ROI
-43.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (SW19)

Area prices are rising by +4.7% over the last 12 months
3 year growth: -4.3%
5 year growth: 0.1%
Investment Disclaimer: Analysis based on SW19 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

Erridge Road, Merton Park, London, SW19
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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
£5,861
Based on a loan of £1,200,000 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE