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Northcote Road, New Malden, KT3 3HF - Image 1
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Northcote Road, New Malden, KT3 3HF

London

£600,000
Listed on 02/02/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
759 sqft

Description

This semi-detached property, situated in a tranquil cul-de-sac, presents an excellent opportunity for those looking to invest in a home with future potential. Offering spacious living areas, the double reception room and extended kitchen create a bright environment, particularly enhanced by bi-folding doors that lead to a southwest-facing garden. The outdoor space is not only landscaped but also features a paved patio, ideal for gatherings, alongside a decked area that provides both seating and storage. On the upper floor, two well-sized bedrooms are equipped with ample built-in storage and share a contemporary family bathroom complete with both a bath and walk-in shower. There is considerable potential to further develop this home by converting the loft into an additional bedroom and bathroom, pending necessary permissions. Decorated in neutral tones throughout, the property maintains a light and airy feel. Located within close proximity to reputable schools and just a short stroll from New Malden Station (approximately 24 minutes to London Waterloo), this residence benefits from local amenities including shops, eateries, and sports facilities. The favourable location near Richmond Park and Wimbledon Common adds further appeal for outdoor enthusiasts.

Investment Analysis

(KT3 area)

Above Market Value

This property is priced +27.5% above area average per sq ft

+27.5%
This Property
£791/sq ft
Area Average
£620/sq ft
Avg Rent (weekly)
£538
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£517,513
10% above area average per sq ft
Potential ROI
-21.6%
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
13%
Properties sold annually

Local Market Trend (KT3)

Area prices are stable by +0.5% over the last 12 months
3 year growth: +14.5%
5 year growth: +15.9%
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

Northcote Road, New Malden, KT3 3HF
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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
£2,164
Based on a loan of £450,000 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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