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South Drive, Cheam, SM2

London

£1,250,000
Listed on 09/03/2026

Property Details

Bedrooms
5
Type
Detached
Area
2054 sqft

Description

This spacious five-bedroom detached home in the desirable area of Cheam offers significant potential for renovation and investment. With a generous living space of 2,054 square feet, the property includes two reception rooms, a kitchen/diner, a conservatory, and a shower room with WC on the ground floor. The expansive garden spans an impressive 114ft x 44ft, perfect for outdoor enhancements or landscaping. Upstairs, you'll find three large double bedrooms alongside two smaller rooms, complemented by a sizeable family bathroom. Notably, the loft space is exceptionally large and presents further opportunities for conversion or extension (subject to planning permission). The property's garage and driveway can accommodate 3-4 vehicles. Nestled in a quiet no-through road just 0.5 miles from Cheam Station, the location also benefits from proximity to local amenities and respected schools, making it an ideal family residence ripe for modernization.

Investment Analysis

(SM2 area)

Above Market Value

This property is priced +21.8% above area average per sq ft

+21.8%
This Property
£609/sq ft
Area Average
£500/sq ft
Avg Rent (weekly)
£375
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,129,361
10% above area average per sq ft
Potential ROI
-15.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (SM2)

Area prices are falling by -11.8% over the last 12 months
3 year growth: +1.9%
5 year growth: -3.0%
Investment Disclaimer: Analysis based on SM2 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

South Drive, Cheam, SM2
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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
£4,508
Based on a loan of £937,500 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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