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South Lane, New Malden

London

£550,000
Listed on 30/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
965 sqft

Description

This Edwardian two-bedroom home presents a promising opportunity for those eager to put their personal touch on a property with considerable renovation potential. The layout is spacious, featuring a generous living and dining area enhanced by a charming bay window and an attractive fireplace. The kitchen, while functional, could benefit from modern updates to enhance usability and style. With two well-sized double bedrooms, each equipped with built-in storage, and a larger than average four-piece bathroom already installed, the essential amenities are in place for comfortable living. Additionally, the property possesses extensional possibilities (subject to planning permission) and is set in a desirable location close to public transport, green spaces, and schools. Notable features include double glazing, gas central heating from a recently installed Vaillant boiler (January 2024), and public on-street parking. This house is offered with no onward chain, providing an ideal canvas for buyers looking to invest in an appealing residential area.

Investment Analysis

(KT3 area)

Below Market Value

This property is priced -7.6% below area average per sq ft

-7.6%
Potential saving
This Property
£570/sq ft
Area Average
£617/sq ft
Avg Rent (weekly)
£514
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£655,052
10% above area average per sq ft
Potential ROI
+11.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (KT3)

Area prices are stable by +0.7% over the last 12 months
3 year growth: 12.0%
5 year growth: 16.3%
Investment Disclaimer: Analysis based on KT3 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

South Lane, New Malden
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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
£2,015
Based on a loan of £412,500 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE