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Elm Road, New Malden, KT3

London

£650,000
Listed on 27/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
879 sqft

Description

This well-sized three-bedroom semi-detached house in New Malden presents an excellent opportunity for investors and homeowners alike. Located just a short walk from the vibrant New Malden High Street, with its diverse selection of shops, restaurants, and cafés, this property also benefits from easy access to the mainline train station offering direct routes to Central London. The layout includes an entrance hallway leading to a spacious front living room and a rear dining/family area, complemented by a separate modern kitchen. Upstairs, you'll find three generously sized bedrooms along with a family bathroom. The property is set within private front and back gardens and is available with no chain and vacant possession. With potential for further enhancement through extensions at the rear or into the loft (subject to planning permissions), this home allows for substantial customization to suit personal tastes or investment returns.

Investment Analysis

(KT3 area)

Above Market Value

This property is priced +18.5% above area average per sq ft

+18.5%
This Property
£739/sq ft
Area Average
£624/sq ft
Avg Rent (weekly)
£530
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£603,442
10% above area average per sq ft
Potential ROI
-12.5%
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
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

Elm Road, New Malden, KT3
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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
£2,302
Based on a loan of £487,500 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.

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