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Manor Way, Mitcham

South East

£475,000
Listed on 23/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1418 sqft

Description

This three-bedroom mid-terraced house is situated on a desirable residential road, providing the perfect canvas for renovation enthusiasts and investors. The property features off-street parking, an open-plan kitchen-diner, and an expansive private rear garden, all of which can be enhanced to increase both value and living space. The ground floor layout includes a living room that could benefit from modern updates, while upstairs contains two double bedrooms and a good-sized single bedroom alongside a family bathroom in need of modernization. Notably, there is significant potential for extension into the loft space and at the rear of the property, subject to planning permission, which would allow for greater internal accommodation. Conveniently located near local amenities and transport links, this home offers numerous possibilities for transformation and investment growth.

Investment Analysis

(CR4 area)

Below Market Value

This property is priced -32.7% below area average per sq ft

-32.7%
Potential saving
This Property
£335/sq ft
Area Average
£498/sq ft
Avg Rent (weekly)
£385
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£776,390
10% above area average per sq ft
Potential ROI
+50.8%
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

Manor Way, 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
£1,682
Based on a loan of £356,250 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.

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