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Grenfell Road, Tooting

South East

£400,000
Listed on 11/10/2025

Property Details

Bedrooms
2
Type
Flat

Description

This upper maisonette offers a spacious layout, featuring a bright front reception room and two well-proportioned double bedrooms. The sizable eat-in kitchen provides ample space for cooking and dining, while the three-piece family bathroom adds convenience. There is also significant potential for renovation or expansion, allowing for further alterations that could enhance the living space (subject to planning permission). Situated on a quiet residential street, this property benefits from its proximity to Tooting High Street, which boasts a vibrant mix of bars, restaurants, and shops. For commuters, both Tooting (Overground) and Tooting Broadway Stations are easily accessible, ensuring regular transport links to central London. Additionally, Figges Marsh, a lovely open space for recreation and relaxation, is just a short walk away. With 109 years remaining on the lease and no service charge applicable, this maisonette presents an attractive investment opportunity. The modest annual ground rent of £200 further underscores its potential for long-term value appreciation as you make updates or improvements to fit your personal style or rental market demands.

Investment Analysis

(CR4 area)
Area Average
£501/sq ft
Avg Rent (weekly)
£422
Avg Yield
5.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £25,000
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

Grenfell Road, Tooting
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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
£1,465
Based on a loan of £300,000 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