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Woodland Way, Mitcham, CR4

South East

£625,000
Listed on 11/03/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1000 sqft

Description

This three-bedroom house presents a solid foundation for potential investors or those looking to create their ideal home. With a spacious layout of over 1000 sqft, the ground floor features a welcoming reception area adorned with hardwood flooring and a sizable bay window that floods the space with natural light. The kitchen opens directly onto a large private garden, making it an excellent setting for outdoor gatherings. The first floor accommodates three well-proportioned bedrooms, including a master bedroom with built-in wardrobes and ample natural light from another bay window. Currently, one of the smaller bedrooms serves as a nursery while the larger one is designated as a spare room/study. A modern bathroom suite completes this level. Importantly, there are opportunities to extend both the kitchen and loft (subject to planning permission), allowing buyers the chance to enhance living space significantly and increase property value. Located on Woodland Way, this home is conveniently situated within walking distance of local amenities along London Road and Tooting station for easy commutes into Central London. Tooting Broadway is also just a 15-minute stroll away, adding to the charm and accessibility of this location.

Investment Analysis

(CR4 area)

Above Market Value

This property is priced +24.7% above area average per sq ft

+24.7%
This Property
£625/sq ft
Area Average
£501/sq ft
Avg Rent (weekly)
£396
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£551,430
10% above area average per sq ft
Potential ROI
-17.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CR4)

Area prices are rising by +6.7% over the last 12 months
3 year growth: +5.0%
5 year growth: +10.9%
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

Woodland Way, Mitcham, CR4
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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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