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Northey Avenue, Cheam, Sutton, Surrey, SM2

London

£875,000
Listed on 07/04/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1324 sqft

Description

This spacious four-bedroom semi-detached home presents a rare investment opportunity in a desirable residential neighborhood, just a short distance from Cheam Village. The property features an expansive double reception room over 22ft, allowing for distinct living and dining spaces that overlook a generous south-facing garden. The adjoining kitchen and breakfast area provide practical utility, with ample potential for redesign or extension (subject to planning permission) to create an inviting open-plan environment. Upstairs, four well-sized bedrooms are served by a family bathroom, creating an ideal layout for families needing additional space. The substantial rear garden offers approximately 105ft of privacy, perfect for outdoor gatherings. The front of the house includes off-street parking and an integral garage. Located near local schools and transport links to central London, this property is not only a comfortable home but also a canvas for personal renovation projects, making it a smart long-term investment in Cheam's thriving market.

Investment Analysis

(SM2 area)

Above Market Value

This property is priced +31.7% above area average per sq ft

+31.7%
This Property
£661/sq ft
Area Average
£502/sq ft
Avg Rent (weekly)
£375
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£730,676
10% above area average per sq ft
Potential ROI
-21.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SM2)

Area prices are falling by -16.9% over the last 12 months
3 year growth: -6.1%
5 year growth: -12.5%
Investment Disclaimer: Analysis based on SM2 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

Northey Avenue, Cheam, Sutton, Surrey, SM2
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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
£3,099
Based on a loan of £656,250 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.

Stamp Duty Calculator

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