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Morley Road, North Cheam

London

£550,000
Listed on 22/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
923 sqft

Description

Located on the desirable Morley Drive in Morden, this three-bedroom semi-detached home presents an exceptional opportunity for those aiming to craft their perfect family living space. While the property has been well-kept and is currently in fair condition, it stands poised for modernization, allowing new owners to apply their personal touch. With a practical layout featuring two distinct reception rooms — a cozy lounge at the front and an inviting dining area at the back that opens up to a spacious garden through French doors — this home offers flexibility for both family life and entertaining. The kitchen comes equipped with a variety of wall and base units, providing ample space for culinary endeavors. The expansive rear garden not only serves as a delightful outdoor retreat but also holds potential for further development. The presence of two single garages at the rear adds valuable storage or parking options. Upstairs, you’ll find two generously sized double bedrooms along with a third single room, ideal for children's accommodations or a home office, complemented by a family bathroom. Situated within easy reach of reputable schools and excellent transport links into Central London, this location is particularly appealing to families. Additionally, Morden town center is conveniently close, offering a mix of shops and local amenities.

Investment Analysis

(SM3 area)

Above Market Value

This property is priced +8.9% above area average per sq ft

+8.9%
This Property
£596/sq ft
Area Average
£547/sq ft
Avg Rent (weekly)
£382
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£555,775
10% above area average per sq ft
Potential ROI
-6.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (SM3)

Area prices are rising by +4.7% over the last 12 months
3 year growth: +2.2%
5 year growth: +13.3%
Investment Disclaimer: Analysis based on SM3 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

Morley Road, North Cheam
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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
£1,948
Based on a loan of £412,500 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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