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Northernhay Walk, Morden

London

£650,000
Listed on 17/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
997 sqft

Description

This three-bedroom semi-detached home, built in the 1930s, presents an excellent opportunity for renovation enthusiasts or investors looking to enhance property value. The generous layout includes a spacious through reception room perfect for adaptable living arrangements, along with a separate kitchen that overlooks the rear garden—ideal for a future extension (subject to planning permission). On the first floor, you will find two sizeable double bedrooms, one of which is equipped with fitted wardrobes, alongside a smaller bedroom that also features storage. The family bathroom is well-sized and could benefit from modern updates. Outdoors, the property boasts ample off-street parking and both front and rear gardens that offer great potential for landscaping or additional outdoor living space. Located in a desirable residential area with convenient transport links to Central London via the Northern Line and South Merton Thameslink station, this home also falls within the catchment area for reputable local schools and is close to parks and amenities. This property holds significant promise for those looking to invest in renovations.

Investment Analysis

(SM4 area)

Above Market Value

This property is priced +15.7% above area average per sq ft

+15.7%
This Property
£652/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
£617,936
10% above area average per sq ft
Potential ROI
-10.4%
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

Northernhay Walk, Morden
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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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