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Manor Way, Mitcham, CR4

South East

£475,000
Listed on 08/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
983 sqft

Description

This well-maintained three-bedroom house presents an excellent investment opportunity, especially for those considering future renovations or expansions. With nearly 1,000 sq. ft. of living space, it features two spacious reception areas and a functional galley kitchen that overlooks a southeast-facing garden—a potential canvas for landscaping or outdoor improvements. The upper floor houses three substantial bedrooms along with a family bathroom that could benefit from modernisation. Located on a tranquil residential street, the property includes a rear garage and possibilities for off-street parking, as well as significant potential to extend both into the loft and at the rear (subject to planning permission), making it ideal for families looking to grow. Situated in close proximity to reputable schools and local sports facilities, this home also offers easy access to community amenities, enhancing its appeal as a renovation project for long-term value enhancement.

Investment Analysis

(CR4 area)

Below Market Value

This property is priced -2.9% below area average per sq ft

-2.9%
Potential saving
This Property
£483/sq ft
Area Average
£498/sq ft
Avg Rent (weekly)
£385
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£538,217
10% above area average per sq ft
Potential ROI
+4.5%
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

Manor Way, Mitcham, CR4
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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
£1,682
Based on a loan of £356,250 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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