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Chestnut Grove, New Malden

London

£745,000
Listed on 16/04/2026

Property Details

Bedrooms
3
Type
Terraced

Description

Situated in the desirable Groves area of New Malden, this charming period home offers a unique blend of classic features and modern potential. Upon entry, you're welcomed by a spacious through-reception room that benefits from abundant natural light, enhanced by patio doors leading to a serene south-facing garden, ideal for outdoor gatherings or personal retreats. The ground floor is completed by a functional galley-style kitchen that presents an opportunity for updates. The first floor houses a generously sized master bedroom alongside a second double bedroom, while the family bathroom showcases vintage elements, including a freestanding claw-foot bath that invites relaxation. Ascend to the top floor where you will find a tranquil third double bedroom and an additional cloakroom, providing extra convenience. With its character and prime location, this property holds significant renovation potential for those looking to modernize while retaining its historical charm.

Investment Analysis

(KT3 area)
Area Average
£624/sq ft
Avg Rent (weekly)
£530
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
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
9%
Properties sold annually

Local Market Trend (KT3)

Area prices are stable by +1.0% over the last 12 months
3 year growth: +19.1%
5 year growth: +13.4%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,639
Based on a loan of £558,750 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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