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Allgood Close, Morden, SM4

London

£625,000
Listed on 03/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
936 sqft

Description

This three-bedroom residence presents a unique opportunity for potential buyers looking to invest in a property with both current comfort and future enhancements. The home features a modern kitchen and an expansive double reception area, although there are areas that could benefit from personal updates or stylistic changes. The stylish bathroom adds to the home's appeal, while the sizeable private garden offers ample space for potential extensions, subject to planning approval. Convenient off-street parking further complements this desirable offering. Located in the tranquil Allgood Close, just a stone's throw from Morden Park's green spaces and local amenities, this home not only delivers immediate living potential but also encourages thoughtful renovation to elevate its value. Notably, it has historical significance as the childhood residence of noted musician Jona Lewie, complete with a commemorative plaque—an interesting aspect that could enhance its charm for future owners.

Investment Analysis

(SM4 area)

Above Market Value

This property is priced +18.5% above area average per sq ft

+18.5%
This Property
£668/sq ft
Area Average
£563/sq ft
Avg Rent (weekly)
£484
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£580,128
10% above area average per sq ft
Potential ROI
-12.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (SM4)

Area prices are rising by +2.6% over the last 12 months
3 year growth: +8.0%
5 year growth: +14.2%
Investment Disclaimer: Analysis based on SM4 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

Allgood Close, Morden, SM4
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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
£2,254
Based on a loan of £468,750 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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