Connaught Gardens, Morden

London

£230,000

Listed on 27/04/2026

Property Details

Bedrooms

Type

Ground Flat

Area

411 sqft

Description

This ground-floor one-bedroom flat, nestled within a serene residential development in Morden, presents an attractive opportunity for renovation and investment. The spacious layout includes a well-sized lounge filled with natural light from large windows, making it a comfortable space for both living and dining. The separate kitchen, while functional, shows potential for modern upgrades to enhance its appeal and utility. The bedroom is a decent double that can accommodate wardrobes and additional furniture, and the bathroom, equipped with standard fittings, offers room for improvements to create a more contemporary feel. Externally, this flat enjoys access to communal areas and parking. With its proximity to Morden town centre and convenient transport links via the Underground, this property could be transformed into an ideal home or rental investment with some thoughtful updates.

Investment Analysis

(SM4 area)

Below Market Value

This property is priced -0.1% below area average per sq ft

-0.1%

Potential saving

This Property

£560/sq ft

Area Average

£560/sq ft

Avg Rent (weekly)

£461

Avg Yield

4.7%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£15,000 - £25,000

Target Value

£253,199

10% above area average per sq ft

Potential ROI

-0.7%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

12%

Properties sold annually

Local Market Trend (SM4)

Area prices are falling by -2.5% over the last 12 months

3 year growth: +1.7%

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

Connaught Gardens, Morden

Loading map...

Open Map

Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments

£821

Based on a loan of £172,500 over 30 years at 3.97% 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.