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Mitcham Road, London

London

£500,000
Listed on 18/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
979 sqft

Description

This Victorian terrace house presents a solid opportunity for renovation and investment, offering three spacious bedrooms and a full loft conversion that maximizes its living space. With two bathrooms, practicality is well addressed, making it suitable for families or potential renters. The addition of a garden studio adds further versatility, providing an ideal space for a home office, creative pursuits, or simply a tranquil retreat. Situated near Central Park, this property benefits from both green surroundings and convenient local amenities. The freehold ownership allows room for future enhancements, with the potential to extend subject to planning permission. This could be an excellent way to increase the property's value over time. The exterior showcases classic period features with charming brickwork and traditional accents. Inside, the ground floor reveals a long reception and dining area characterized by timber flooring and ample ceiling height. Fitted cabinetry adds useful storage while enhancing the overall flow of the space. The bay window bathes the front section in natural light, creating a warm atmosphere. The kitchen is positioned adjacent to the side return, allowing easy access to outdoor spaces—a feature that could be developed further to create a more seamless indoor-outdoor connection. A modest adjoining bathroom offers practical conveniences. The garden is spacious enough for various outdoor activities and includes a stepping-stone path leading to the garden studio at its end. This bright space can function as an additional room tailored to your specific needs—be it work or leisure. On the upper floors, two well-lit bedrooms provide restful quarters on the first level, while the loft bedroom features a skylight that enhances its airy feel and includes eaves storage to maximize functionality. An accompanying shower room adds freshness to this top floor. Nearby amenities include East Ham High Street with its diverse shopping options and eateries, along with local favorites like the Red Lion pub. Barking Road also offers additional dining choices and shops, while Central Park provides expansive green spaces complete with playgrounds and recreational facilities. Families will appreciate nearby schooling options such as Vicarage Primary School. Transportation is accessible via bus routes to East Ham Station—a mere 15-minute ride away—connecting residents directly to key transport lines for easy accessibility into central London and surrounding areas. This property not only retains its historical character but also holds great potential for personal touch-ups or strategic renovations in a thriving community setting.

Investment Analysis

(E6 area)

Above Market Value

This property is priced +5.2% above area average per sq ft

+5.2%
This Property
£511/sq ft
Area Average
£485/sq ft
Avg Rent (weekly)
£456
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£522,727
10% above area average per sq ft
Potential ROI
-6.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (E6)

Area prices are stable by +1.3% over the last 12 months
3 year growth: 7.5%
5 year growth: 17.2%
Investment Disclaimer: Analysis based on E6 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.

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Location

Mitcham Road, London
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