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Bond Road, Mitcham

South East

£440,000
Listed on 20/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
861 sqft

Description

This three-bedroom terraced home presents a promising opportunity for renovation and investment. Located in a residential area on Bond Road, the property features two spacious double bedrooms alongside a single bedroom, making it an attractive choice for families or investors seeking to capitalize on its potential. The ground floor includes two separate reception rooms that offer flexible living and dining options, perfect for those looking to modernize the layout. The kitchen is functional but could benefit from a refresh, while the family bathroom requires updating to meet contemporary standards. This house is largely in need of modernization across all areas, providing a blank canvas for personalization and improvements that can significantly enhance its value. With good access to local amenities, transport links, and schools, this property stands out as an appealing prospect for anyone aiming to invest in a project with substantial value-add possibilities.

Investment Analysis

(CR4 area)

Above Market Value

This property is priced +1.5% above area average per sq ft

+1.5%
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
£25,000 - £40,000
Target Value
£476,723
10% above area average per sq ft
Potential ROI
-0.7%
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

Bond Road, Mitcham
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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
£1,587
Based on a loan of £330,000 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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