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Priory Road, Cheam, Sutton, SM3

London

£525,000
Listed on 05/03/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1016 sqft

Description

This three-bedroom terraced house in North Cheam presents a solid investment opportunity, particularly for those looking to add value through renovation. While the property is structurally sound, it requires modernisation to bring it up to current standards and tastes. The ground floor features a reception room with a charming bay window, a dining room, and a kitchen that could be transformed into an open-concept space. Upstairs, you will find three bedrooms—two of which are generously sized doubles—with the front bedroom benefitting from built-in wardrobes. The family bathroom and separate WC provide additional functionality but would benefit from updating. An added advantage is the rear garden accessible through various points in the home and a garage, providing potential for further development or storage solutions. With gas central heating and double glazing installed throughout, this property is being offered with no onward chain, making it an enticing choice for buyers ready to invest in its future.

Investment Analysis

(SM3 area)

Below Market Value

This property is priced -3.6% below area average per sq ft

-3.6%
Potential saving
This Property
£517/sq ft
Area Average
£536/sq ft
Avg Rent (weekly)
£433
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£598,922
10% above area average per sq ft
Potential ROI
+5.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (SM3)

Area prices are rising by +7.0% over the last 12 months
3 year growth: +5.0%
5 year growth: +15.5%
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

Priory 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
£1,893
Based on a loan of £393,750 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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