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Churston Drive, Morden

London

£640,000
Listed on 03/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
865 sqft

Description

This three-bedroom end-of-terrace home represents an exciting opportunity for renovation and investment, situated in the sought-after Hillcross area of Morden. The property features a generous driveway that accommodates two vehicles alongside a garage, offering practicality for families or potential for rental income. Inside, the layout includes a double-length open-plan reception area that seamlessly connects to a modern kitchen, creating a spacious environment ideal for family living or entertaining. Ample storage solutions are available on the ground floor. French doors lead out to a southwest-facing garden, which enjoys plenty of sunlight and offers space for outdoor relaxation and potential landscaping projects. The upper level consists of two well-proportioned double bedrooms with built-in wardrobes and a third single bedroom, along with a contemporary family bathroom. This property also boasts significant renovation potential, with opportunities to extend both into the loft and on the ground floor (subject to the necessary planning permissions), making it an attractive option for those looking to personalize or increase property value. Convenience is a key benefit here; the home is located within easy reach of transport links including Morden Underground station, Raynes Park train station, and Thameslink services, making commuting straightforward. Additionally, it's in proximity to highly regarded schools, enhancing its appeal for families and future buyers alike. This property presents an exceptional chance to invest in a desirable location with room for growth.

Investment Analysis

(SM4 area)

Above Market Value

This property is priced +30.8% above area average per sq ft

+30.8%
This Property
£740/sq ft
Area Average
£566/sq ft
Avg Rent (weekly)
£465
Avg Yield
4.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£538,073
10% above area average per sq ft
Potential ROI
-19.1%
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

Churston Drive, 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
£2,344
Based on a loan of £480,000 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