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Bruce Road, Mitcham, CR4

South East

£600,000
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
977 sqft

Description

This three-bedroom Victorian house presents a distinctive opportunity for those looking to invest or renovate. The property retains many of its original features, combining charm with potential for modernization. Upon entering, you’ll find a welcoming hallway that leads to two spacious reception rooms, providing a versatile space suitable for various uses. The ground floor also includes a separate study and kitchen, both of which offer direct access to a private garden—a valuable addition for outdoor activities or future enhancements. The first floor accommodates three bedrooms and a bathroom, with the added benefit of loft access for possible conversion, subject to planning permissions. This structure offers ample scope for expansion or reconfiguration, making it an intriguing project for buyers interested in creating their ideal living space. Situated on Bruce Road, this property benefits from excellent transport links. Within a five-minute walk, residents can access Tooting Overground Station, which connects efficiently to Wimbledon and other areas beyond. Additionally, Tooting Broadway Underground Station is just a short 15 to 20-minute stroll away, providing Northern Line access to central London. The surrounding neighborhood is enriched with shops, bars, and restaurants that contribute to a vibrant community atmosphere. Outdoor enthusiasts will appreciate the proximity to Figges Marsh and Tamworth Recreation Grounds, offering green spaces for leisure and recreation. This location not only supports comfortable living but also holds significant investment potential in an area poised for growth.

Investment Analysis

(CR4 area)

Above Market Value

This property is priced +22.6% above area average per sq ft

+22.6%
This Property
£614/sq ft
Area Average
£501/sq ft
Avg Rent (weekly)
£422
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£538,425
10% above area average per sq ft
Potential ROI
-19.6%
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

Bruce Road, Mitcham, 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
£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