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Park Road, Cheam, Sutton, SM3

London

£580,000
Listed on 15/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1235 sqft

Description

This three-bedroom family residence is situated in the heart of Cheam Village, providing a prime location with convenient access to local amenities, including shops, cafes, and transport links to London. This property presents an excellent renovation opportunity for prospective buyers looking to modernize a spacious home while enjoying the benefits of village living. The interior layout is generous and adaptable, featuring a bright open-plan living and dining area alongside a separate kitchen and breakfast room. There is also a downstairs WC for added convenience. Upstairs boasts three well-sized double bedrooms and a family bathroom, providing ample room for families or those looking to downsize. Additional features include private parking, an internal garage, and a south-west facing rear garden that requires minimal upkeep—an ideal setting for relaxation during sunny afternoons. Offered with no onward chain, this property promises significant potential for enhancement in one of Cheam’s desirable neighbourhoods.

Investment Analysis

(SM3 area)

Below Market Value

This property is priced -12.7% below area average per sq ft

-12.7%
Potential saving
This Property
£470/sq ft
Area Average
£538/sq ft
Avg Rent (weekly)
£431
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£731,213
10% above area average per sq ft
Potential ROI
+17.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (SM3)

Area prices are rising by +5.3% over the last 12 months
3 year growth: +5.6%
5 year growth: +14.9%
Investment Disclaimer: Analysis based on SM3 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

Park Road, Cheam, Sutton, SM3
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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
£2,092
Based on a loan of £435,000 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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