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Oakleigh Way, Surrey, CR4

South East

£500,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1038 sqft

Description

This three-bedroom family home has been lovingly maintained by its current owner for over two decades, and now presents a unique opportunity for renovation or investment. Showcasing a blend of charm and potential, the property spans two well-utilized floors, offering a spacious layout that could be tailored to your preferences. Upon entering, you are greeted by a welcoming hallway that leads to a cozy reception room. This space features an inviting fireplace and custom alcove cupboards, creating an intimate setting. The serene blue color palette enhances the room's calming ambiance, making it an ideal retreat at the end of the day. Adjacent to the reception area is a generously proportioned kitchen with ample space for dining, perfect for hosting gatherings or enjoying family meals. Equipped with sufficient cabinetry and essential appliances—including a freestanding oven and dishwasher—the kitchen provides a functional base for daily living, while also presenting opportunities for modern updates. The outdoor area is particularly noteworthy; the expansive garden serves as an oasis with plenty of room for activities ranging from summer BBQs to tranquil morning coffee breaks. Featuring side access and a storage shed, this space may also allow for future enhancements if desired. On the upper floor, you will find three double bedrooms. Each room possesses its own character brought to life by vibrant colors, offering exciting potential for personalization. The family bathroom is equipped with both a separate shower and bath—an efficient setup that caters to busy household needs while offering room for possible renovations. Moreover, there is significant potential to extend into the loft space (subject to planning permission), providing flexibility for a growing family or those seeking additional living space such as an office or guest suite. Off-street parking for two vehicles adds further convenience in this desirable location. Surrounded by green spaces like Oakleigh Way Recreation Ground, which features playgrounds and outdoor fitness options, this home is ideally situated for families who value outdoor activities. The property falls within proximity of high-rated educational institutions including Harris Academy and Harris Primary Academy—an attractive aspect for families considering schooling options. For commuters, Mitcham Eastfields Station offers direct services into London Victoria, while Streatham Common station connects you to London Bridge. Additionally, reliable bus routes facilitate easy travel in multiple directions. This combination of features makes this property not only a charming home but also an appealing investment opportunity in a thriving community.

Investment Analysis

(CR4 area)

Below Market Value

This property is priced -3.9% below area average per sq ft

-3.9%
Potential saving
This Property
£482/sq ft
Area Average
£501/sq ft
Avg Rent (weekly)
£422
Avg Yield
5.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£572,042
10% above area average per sq ft
Potential ROI
+7.9%
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
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

Oakleigh Way, Surrey, CR4
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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
£1,832
Based on a loan of £375,000 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