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4 Berkshire Way, Mitcham, Surrey, CR4 1QT - Image 1
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4 Berkshire Way, Mitcham, Surrey, CR4 1QT

South East

£275,000
Listed on 02/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
832 sqft

Description

This vacant three-bedroom semi-detached house presents a solid opportunity for renovation and investment. Located on a residential street within walking distance of local shops and amenities, this property is also conveniently close to the expansive Mitcham Common. The ground and first floors encompass two reception rooms, a kitchen, three bedrooms, and a bathroom, all of which are in need of significant refurbishment and repairs. With off-street parking and a rear garden, the property offers a promising canvas for those looking to add value through thoughtful upgrades. Completion can be arranged within six weeks, making it an attractive option for those eager to embark on a renovation project or invest in the rental market.

Investment Analysis

(CR4 area)

Below Market Value

This property is priced -33.6% below area average per sq ft

-33.6%
Potential saving
This Property
£331/sq ft
Area Average
£498/sq ft
Avg Rent (weekly)
£385
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£455,541
10% above area average per sq ft
Potential ROI
+28.3%
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
8%
Properties sold annually

Local Market Trend (CR4)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +2.3%
5 year growth: +7.6%
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

4 Berkshire Way, Mitcham, Surrey, CR4 1QT
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£974
Based on a loan of £206,250 over 30 years at 3.91% 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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