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Tonstall Road, Mitcham

South East

£700,000
Listed on 02/01/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1572 sqft

Description

This expansive three-bedroom freehold property on a sought-after street presents a significant opportunity for renovation and reconfiguration. Spanning over 1,570 sq ft, the home features a large garage and ample driveway space. The ground floor is accessible via a welcoming entrance hall leading to a spacious double reception room and a separate dining area, which adjoins a generously sized kitchen. The layout is ripe for modernisation, with potential to open up living areas or create dedicated office space in response to current demands. Beyond the living areas, an internal lobby connects to the expansive garage, offering excellent prospects for storage solutions or transformation into additional living space. On the first floor, you will find three well-proportioned double bedrooms along with a family bathroom surrounding a broad landing area filled with natural light—ideal for families needing more personal space. Outside, the property is complemented by an extensive front drive suitable for off-street parking of multiple vehicles and rear access through the carport area. Situated on Tonstall Road, this residence benefits from being on a tranquil residential street while remaining close to vital transport links at Streatham Common, Norbury, and Mitcham Eastfields stations. Local amenities are conveniently nearby in Streatham Vale, alongside recreational spaces like Mitcham Common and Streatham Common. With reputable schools within reach, this property offers considerable appeal for families and investors looking to capitalise on its upgrade potential.

Investment Analysis

(CR4 area)

Below Market Value

This property is priced -11.1% below area average per sq ft

-11.1%
Potential saving
This Property
£445/sq ft
Area Average
£501/sq ft
Avg Rent (weekly)
£422
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£866,329
10% above area average per sq ft
Potential ROI
+11.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Tonstall Road, Mitcham
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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
£2,564
Based on a loan of £525,000 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