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Elm Road, New Malden, KT3 3HN - Image 1
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Elm Road, New Malden, KT3 3HN

London

£750,000
Listed on 22/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1070 sqft

Description

This family residence offers a unique opportunity for renovation and personalization, while already providing a comfortable living space. The expansive double reception room is defined by its wood-burning stove, creating a cozy atmosphere, and includes an easily accessible ground floor WC. The kitchen has been extended thoughtfully with bi-folding glass doors that lead to a west-facing garden, which is perfect for entertaining guests or family gatherings, featuring a patio area complete with a pizza oven and BBQ zone. There’s considerable scope for enhancement as the property allows for loft conversion (subject to planning permission) to potentially add a fourth bedroom and an additional bathroom. The first floor comprises a spacious principal bedroom with built-in storage and a period fireplace, alongside another double bedroom and a nursery or home office space, complemented by a modern family bathroom. The home's aesthetic is tastefully neutral throughout but could benefit from personal touches to elevate it further. This property is conveniently situated close to reputable schools and just a short walk from New Malden Station, offering fast access to London Waterloo in approximately 24 minutes.

Investment Analysis

(KT3 area)

Above Market Value

This property is priced +13.1% above area average per sq ft

+13.1%
This Property
£701/sq ft
Area Average
£620/sq ft
Avg Rent (weekly)
£538
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£729,563
10% above area average per sq ft
Potential ROI
-12.1%
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

Elm Road, New Malden, KT3 3HN
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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
£2,705
Based on a loan of £562,500 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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