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Silbury Avenue, Mitcham, CR4

South East

£150,000
Listed on 30/10/2025

Property Details

Bedrooms
N/A
Type
Flat
Area
291 sqft

Description

Nestled along the well-regarded Silbury Avenue, this one-bedroom ground floor apartment is a promising opportunity for those interested in renovation and investment. Positioned just a short stroll from Lavender Park, the property is ripe for transformation, allowing buyers to infuse their personal style and upgrades into the living space. The apartment currently features a generous living room that offers ample natural light, a separate kitchen that can be reimagined according to culinary preferences, a comfortable double bedroom, and a bathroom ready for modernization. While the interior requires updating, it presents an excellent blank canvas for creative renovation. Additional features include a private entrance, double glazing for improved energy efficiency, and gas central heating to ensure warmth during colder months. These aspects provide a solid foundation upon which to build a more contemporary and tailored home. Located in a vibrant residential neighborhood, the property boasts convenient access to Mitcham town center where essential amenities are readily available. Furthermore, transport links are excellent with both Mitcham Eastfields and Mitcham Junction stations within close proximity. For those who appreciate outdoor spaces, Lavender Park and several other green areas are near at hand, enhancing the appeal of this location for prospective residents or renters alike. With its potential for improvement and strategic location, this apartment stands as an attractive option for investors seeking to capitalize on its possibilities.

Investment Analysis

(CR4 area)

Above Market Value

This property is priced +2.9% above area average per sq ft

+2.9%
This Property
£515/sq ft
Area Average
£501/sq ft
Avg Rent (weekly)
£422
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£160,370
10% above area average per sq ft
Potential ROI
-10.9%
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

Silbury Avenue, 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
£549
Based on a loan of £112,500 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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