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London Road, MORDEN

London

£95,000
Listed on 23/04/2026

Property Details

Bedrooms
2
Type
Flat

Description

This leasehold third-floor flat is ideally positioned in the bustling Morden Town Centre, offering a strategic investment opportunity for those looking to enhance a property with modern touches. The unit consists of two bedrooms, a reception room, a kitchen, and a bathroom/WC, all requiring updating to meet contemporary standards and tastes. With a gross internal area of approximately 58 square meters (624 square feet), there is ample space to reconfigure or renovate as desired. The communal gardens provide an outdoor element for residents. Additionally, the property benefits from proximity to local transport options including Morden Underground Station on the Northern Line and various bus services, as well as easy access to main roads like the A24 and A3. Recreational amenities such as Morden Park and Morden Hall Park are also within reach. Given its current conditions – notably an 'F' EPC rating – this flat presents a solid refurbishment project that could yield significant improvements in both energy efficiency and living quality.

Investment Analysis

(SM4 area)
Area Average
£557/sq ft
Avg Rent (weekly)
£460
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

London Road, MORDEN
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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
£336
Based on a loan of £71,250 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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