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Commonside East, Mitcham, CR4

South East

£700,000
Listed on 28/12/2025

Property Details

Bedrooms
5
Type
Semi-detached house
Area
1492 sqft

Description

Nestled in the serene area of Mitcham Common, this semi-detached five-bedroom house presents a valuable opportunity for renovation and investment. Spanning approximately 1700 sq. ft., the property features a thoughtfully arranged living space that has seen significant upgrades, making it an attractive canvas for further enhancements. The ground floor showcases a spacious open-plan design that includes a modern kitchen leading into a sheltered garden room. The first floor houses three well-lit bedrooms along with a contemporary shower room. The loft extension adds two sizeable double bedrooms, complemented by another modern shower room; one offers views of the garden complete with skylights and a Juliet balcony, while the other overlooks the tranquil common with a Velux window opening to a private balcony. Additionally, there are approved planning permissions for further extensions both at the rear and sides, as well as consent to construct a two-bedroom bungalow in the backyard—an exciting prospect for increasing value or rental potential. This property also includes off-street parking suitable for up to four cars and is located within reach of local schools and transport links, including Mitcham Eastfields Train Station. With its mix of existing modern amenities and promising expansion potential, this residence is an ideal candidate for buyers seeking to invest in their future in one of Mitcham's prime areas.

Investment Analysis

(CR4 area)

Below Market Value

This property is priced -6.4% below area average per sq ft

-6.4%
Potential saving
This Property
£469/sq ft
Area Average
£501/sq ft
Avg Rent (weekly)
£396
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£822,734
10% above area average per sq ft
Potential ROI
+4.1%
After renovation
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
12%
Properties sold annually

Local Market Trend (CR4)

Area prices are rising by +6.7% over the last 12 months
3 year growth: +5.0%
5 year growth: +10.9%
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

Commonside East, Mitcham, CR4
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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
£2,525
Based on a loan of £525,000 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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