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Alma Crescent, Cheam, SM1

London

£600,000
Listed on 21/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
969 sqft

Description

This appealing three-bedroom semi-detached home is nestled in a quiet cul-de-sac near Cheam Village, presenting excellent renovation opportunities for potential buyers. The property is in generally good condition but offers scope for modernization and expansion. The front living area is cozy and leads to an open-plan kitchen and dining space with bi-fold doors that seamlessly connect to a manageable private garden. Upstairs, you will find two generously sized double bedrooms, a single bedroom, and a family bathroom, making it ideal for families or investors looking to add value. Noteworthy features include a downstairs shower room/WC, ample driveway parking, and the possibility of extending into the loft (subject to planning permission). Additionally, there’s a versatile garden studio equipped with electricity—perfect for use as an office, gym, or recreation area. Located on Alma Crescent, the home benefits from proximity to 18 well-regarded schools within a mile. Commuters will appreciate West Sutton National Rail station just 0.4 miles away for direct services into Wimbledon and central London, while Cheam Station is also conveniently nearby. Sutton High Street offers a wide range of shopping options and eateries.

Investment Analysis

(SM1 area)

Above Market Value

This property is priced +22.4% above area average per sq ft

+22.4%
This Property
£619/sq ft
Area Average
£506/sq ft
Avg Rent (weekly)
£404
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£539,239
10% above area average per sq ft
Potential ROI
-15.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SM1)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 1.8%
5 year growth: 11.2%
Investment Disclaimer: Analysis based on SM1 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

Alma Crescent, Cheam, SM1
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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