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Worcester Close, Mitcham, London, CR4 1SQ - Image 11

Worcester Close, Mitcham, London, CR4 1SQ

South East

£450,000
Listed on 26/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
880 sqft

Description

This three-bedroom end-of-terrace property, available through secure online bidding, offers a unique opportunity for renovation and personalisation. Having been cherished by one family for nearly five decades, it presents the chance for modern updates while maintaining its inherent charm. The home spans approximately 1,274 sq. ft., featuring a spacious ground-floor reception room adorned with original parquet flooring and a characterful fireplace, which could benefit from contemporary enhancements. The galley kitchen includes ample storage and connects to a convenient utility area. Upstairs are three well-sized bedrooms along with a four-piece family bathroom; both could be revitalised to suit today's standards. The property's rear garden is predominantly laid to lawn and bordered by mature shrubs, providing a serene outdoor space with potential for landscaping or even an extension. An impressive double garage at the rear opens up possibilities as a workshop or additional living space. With off-street parking in front and located just minutes from Mitcham Eastfields Station, this home is positioned well for commuting while being near reputable schools and green spaces. This property invites those looking to invest in a home that can be transformed to meet modern needs.

Investment Analysis

(CR4 area)

Above Market Value

This property is priced +1.6% above area average per sq ft

+1.6%
This Property
£511/sq ft
Area Average
£503/sq ft
Avg Rent (weekly)
£406
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£487,243
10% above area average per sq ft
Potential ROI
-4.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CR4)

Area prices are rising by +9.1% over the last 12 months
3 year growth: +8.0%
5 year growth: +13.7%
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

Worcester Close, Mitcham, London, CR4 1SQ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,623
Based on a loan of £337,500 over 30 years at 4.06% 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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