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Molesey Drive, Cheam, SUTTON

London

£650,000
Listed on 11/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1175 sqft

Description

This three-bedroom end-of-terrace home, located in the desirable Cheam Park Farm Estate, presents a significant opportunity for renovation and investment. Spanning 1,235 sq ft, the property is well-maintained but offers ample scope for enhancement or extension (subject to planning permissions). The accommodation includes a spacious open plan kitchen/dining area that flows into a 66ft garden, perfect for outdoor gatherings. Notably, there’s a fully powered outbuilding that can adapt to various uses such as an office, studio, or gym. The ground floor's layout is practical for family life with a welcoming reception room featuring a bay window. Upstairs, you’ll find two generous double bedrooms alongside a single bedroom and a modern family bathroom. While the loft serves as additional storage, it also holds potential for conversion into further living space (STPP). The exterior offers off-street parking for two vehicles and private side access to the garden. The low-maintenance artificial lawn ensures your outdoor space remains inviting year-round without excessive upkeep. This property not only sits near top-rated schools and transportation links but also provides nearby recreational areas like Cheam Park and Nonsuch Park, enhancing its appeal as a family home with future growth potential.

Investment Analysis

(SM3 area)

Above Market Value

This property is priced +3.2% above area average per sq ft

+3.2%
This Property
£553/sq ft
Area Average
£536/sq ft
Avg Rent (weekly)
£433
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£692,651
10% above area average per sq ft
Potential ROI
+1.1%
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

Molesey Drive, Cheam, SUTTON
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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
£2,344
Based on a loan of £487,500 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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