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South Lane, New Malden

London

£675,000
Listed on 23/03/2026

Property Details

Bedrooms
3
Type
House
Area
1389 sqft

Description

This appealing semi-detached residence from the 1930s is positioned on a spacious corner plot, offering a great canvas for prospective buyers eager to transform it into a modern family home. While the property requires comprehensive refurbishment throughout, it boasts significant potential for expansion and reconfiguration, pending necessary planning permissions. The generous layout suggests possibilities for a two-storey side extension and the scope for a loft conversion could facilitate an additional reception area and up to two double bedrooms with en suite capabilities. This home is well-positioned to substantially increase in size and market value.<br><br>Located on the sought-after South Lane, this property benefits from its proximity to New Malden High Street, which provides a diverse range of shops, eateries, and essential services. Also nearby are Worcester Park and New Malden stations, ensuring straightforward access to central London—ideal for commuters. The area is particularly family-friendly with several reputable schools close by, such as Malden Parochial CofE Primary School and Coombe Girls' School. Additionally, residents can enjoy various green spaces like Rose Walk Nature Reserve and Green Lane Recreation Ground, perfect for outdoor activities.<br><br>This property stands out not only for its proportions but also for the potential it holds for customization and growth—a solid investment opportunity for those looking to establish their long-term family dwelling in an attractive residential locale.

Investment Analysis

(KT3 area)

Below Market Value

This property is priced -21.7% below area average per sq ft

-21.7%
Potential saving
This Property
£486/sq ft
Area Average
£621/sq ft
Avg Rent (weekly)
£517
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£948,215
10% above area average per sq ft
Potential ROI
+23.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (KT3)

Area prices are stable by -0.5% over the last 12 months
3 year growth: +16.0%
5 year growth: +14.0%
Investment Disclaimer: Analysis based on KT3 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 Lane, New Malden
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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
£2,434
Based on a loan of £506,250 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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