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Salcombe Drive, Morden, SM4

London

£525,000
Listed on 20/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
797 sqft

Description

This three-bedroom residence presents a well-thought-out floor plan, making it a suitable choice for families and first-time buyers. Upon entering, you are greeted by a spacious hallway leading to a bright reception room, an inviting space for relaxation or gatherings. The kitchen/dining area at the rear is notably large, offering a comfortable environment for family dining and enabling direct access to the outdoor garden, enhancing the living experience with its indoor-outdoor connectivity. The upper level features two generous double bedrooms and a cozy single bedroom that could serve well as a nursery or home office. The shower room completes this practical layout, designed to maximize functionality within the available space. Noteworthy aspects include the charming bay-fronted reception room that contributes both character and natural light. With an approximate total area of 797 sq. ft., this property is not only comfortable but also represents an excellent opportunity for personalization and potential extensions. Nestled in a serene residential neighborhood with convenient transport links, it offers promising renovation prospects for those looking to invest in their ideal home.

Investment Analysis

(SM4 area)

Above Market Value

This property is priced +18.3% above area average per sq ft

+18.3%
This Property
£659/sq ft
Area Average
£557/sq ft
Avg Rent (weekly)
£460
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£488,015
10% above area average per sq ft
Potential ROI
-13.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SM4)

Area prices are stable by -1.6% over the last 12 months
3 year growth: +4.3%
5 year growth: +9.4%
Investment Disclaimer: Analysis based on SM4 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

Salcombe Drive, Morden, SM4
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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
£1,859
Based on a loan of £393,750 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.

Stamp Duty Calculator

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