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Commonside West, Mitcham

South East

£575,000
Listed on 14/04/2026

Property Details

Bedrooms
N/A
Type
Semi Detached
Area
1106 sqft

Description

This three-bedroom family residence is situated near the expansive Mitcham Common, offering a great opportunity for those looking to invest in a property with significant potential. The layout includes two spacious reception areas, a practical kitchen, and a conservatory filled with natural light, all located on the ground floor. Upstairs, you'll find three ample bedrooms along with a shower room and separate wc. While the home features UPVC double glazing and gas central heating for comfort, there is room for modernization and personal touch throughout. The property also holds promise for expansion, subject to planning permissions, allowing you to tailor it to your desires. Located conveniently close to Mitcham Town Centre, residents can enjoy easy access to local shops, amenities, and excellent transport links. This property not only provides comfortable living space but also represents an exciting renovation project that could significantly enhance its value.

Investment Analysis

(CR4 area)

Above Market Value

This property is priced +4.4% above area average per sq ft

+4.4%
This Property
£520/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
£605,563
10% above area average per sq ft
Potential ROI
-1.5%
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

Commonside West, Mitcham
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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
£2,037
Based on a loan of £431,250 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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