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Chestnut Grove, New Malden

London

£715,000

Listed on 16/04/2026

Property details

Bedrooms
3
Type
Terraced

Description

Located in the sought-after Groves area of New Malden, this charming period home presents a blend of character and potential for modern living. The spacious through-reception room, illuminated by natural light from patio doors, leads out to a secluded south-facing garden, complete with mature borders and a substantial insulated garden office or studio—ideal for remote work or creative pursuits. The ground floor also features a classic galley-style kitchen that could be updated to enhance functionality and style. On the first floor, the generously sized master bedroom and an additional double bedroom await your personal touch, while the vintage family bathroom offers a claw-foot bath that invites relaxation. The top floor hosts a tranquil third double bedroom along with a separate cloakroom. With its solid foundation and appealing layout, this property holds significant renovation potential.

Investment analysis

(KT3 area)
Area Average
£617/sq ft
Avg Rent (weekly)
£497
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (KT3)

Area prices are stable by +0.9% over the last 12 months
3 year growth: +15.4%
5 year growth: +10.9%
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

Chestnut Grove, New Malden
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,701
Based on a loan of £536,250 over 30 years at 4.45% 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

Price History

-4.0% since listed
£715,000£15,000(-2.1%)
03/07/2026
Current price
£730,000£15,000(-2.0%)
05/06/2026
£745,000Initial listing
16/04/2026

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