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Malvern Close, Mitcham, CR4

South East

£450,000
Listed on 08/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1292 sqft

Description

This three-bedroom terraced home is nestled in a tranquil cul-de-sac within a sought-after residential area. Available for immediate purchase without any chain, the property spans approximately 1,100 sq ft and offers an opportunity for significant updates throughout. Ideal for those looking to personalize their living space, this house presents a canvas for modernisation according to individual tastes.<br><br>Upon entering, you'll find a hallway that leads into a spacious reception area complemented by a conservatory that enhances natural light flow. The kitchen currently features basic storage and countertop facilities but holds potential for an upgrade or complete redesign to maximize functionality.<br><br>The upper floor accommodates three generously sized bedrooms along with a family bathroom. Additionally, the property includes a garage located at the rear, enhancing its practicality. Conveniently positioned close to local amenities, schools, and transport links, this residence represents a solid investment opportunity with ample space and future potential.<br><br>EPC Rating: D

Investment Analysis

(CR4 area)

Below Market Value

This property is priced -30.8% below area average per sq ft

-30.8%
Potential saving
This Property
£348/sq ft
Area Average
£503/sq ft
Avg Rent (weekly)
£406
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£715,361
10% above area average per sq ft
Potential ROI
+46.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Malvern Close, Mitcham, CR4
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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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