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Wandle Road, Morden

Yorkshire

£575,000
Listed on 20/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1244 sqft

Description

This three-bedroom terraced home is situated in the desirable 'Wandle' area of Morden, offering a solid foundation for renovation and investment. The property features off-street parking and a garage, making it convenient for homeowners and renters alike. Inside, the ground floor presents a spacious double-length reception room alongside a separate kitchen. There's also a utility area and W/C, which enhances functionality. The reception area opens onto a south-facing garden, providing potential for outdoor improvements or landscaping projects. Upstairs, you'll find two generously sized double bedrooms equipped with built-in wardrobes, as well as a third smaller bedroom that can serve various purposes such as an office or guest room. The family bathroom includes a separate W/C, allowing for efficient use of space. The location adds significant value to this property; it is just moments from Morden Town Centre and the Northern Line Underground station, ensuring easy access to central London. Additionally, multiple bus routes are available nearby on St Helier Avenue. The proximity to Morden Hall Park and the scenic River Wandle enhances the appeal for families looking for green spaces and recreational opportunities. While the property requires some modernization, it represents an excellent opportunity for buyers seeking to invest in an area with strong rental demand and growth potential. With the possibility of extending further (subject to planning permission), this home can be tailored to fit contemporary lifestyles while retaining its character.

Investment Analysis

(SM4 area)

Below Market Value

This property is priced -18.3% below area average per sq ft

-18.3%
Potential saving
This Property
£462/sq ft
Area Average
£566/sq ft
Avg Rent (weekly)
£465
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£773,830
10% above area average per sq ft
Potential ROI
+25.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SM4)

Area prices are rising by +4.8% over the last 12 months
3 year growth: 10.8%
5 year growth: 20.4%
Investment Disclaimer: Analysis based on SM4 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

Wandle Road, Morden
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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
£2,106
Based on a loan of £431,250 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