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Morden Way, Sutton, SM3

Yorkshire

£600,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1191 sqft

Description

This three-bedroom semi-detached property is situated in a desirable residential area and presents a significant opportunity for renovation and investment. The home offers a tranquil environment, enhanced by views over Sutton Common recreation ground from the rear bedroom. Despite its peaceful setting, it maintains easy access to local amenities, schools, and transport links. The interior features a spacious living area that extends towards the rear, connecting to a separate kitchen and utility space. The upper level accommodates two double bedrooms alongside a single bedroom and a family bathroom with a separate WC. Notably, the loft space is fully boarded and equipped with power, providing additional potential for conversion or storage. Outside, the property includes convenient off-street parking and a detached garage. The expansive rear garden is not only well-maintained but also includes side access and features a workshop at the end—ideal for hobbyists or those seeking extra storage. With no onward chain, this home invites buyers to explore its full potential through updates or extensions. Its location in a sought-after neighborhood further enhances its appeal as an investment, making it an excellent candidate for those looking to personalize their living space while increasing property value.

Investment Analysis

(SM3 area)

Below Market Value

This property is priced -6.7% below area average per sq ft

-6.7%
Potential saving
This Property
£504/sq ft
Area Average
£540/sq ft
Avg Rent (weekly)
£505
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£707,716
10% above area average per sq ft
Potential ROI
+12.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SM3)

Area prices are rising by +3.1% over the last 12 months
3 year growth: 4.4%
5 year growth: 19.7%
Investment Disclaimer: Analysis based on SM3 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

Morden Way, Sutton, SM3
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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
£2,198
Based on a loan of £450,000 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