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Tharp Road, Wallington

London

£470,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
789 sqft

Description

This charming bay-fronted terrace house presents a promising opportunity for renovation and investment. Ideally located near reputable primary schools such as Highview, Bandon Hill, and St Elpheges, it is also just under a mile from Wallington town centre, which offers a range of shops, cafes, and transportation options suitable for both families and commuters. The existing layout includes two reception rooms and a spacious kitchen, while the upper floor comprises three bedrooms—two of which are doubles—and a bathroom. There is significant potential to enhance the property further by converting the loft space (subject to planning permission). The secluded rear garden is perfect for entertaining guests, and the front of the property features driveway parking. With some thoughtful updates and renovations, this home can truly shine.

Investment Analysis

(SM6 area)

Above Market Value

This property is priced +21.7% above area average per sq ft

+21.7%
This Property
£596/sq ft
Area Average
£490/sq ft
Avg Rent (weekly)
£362
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£424,924
10% above area average per sq ft
Potential ROI
-19.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SM6)

Area prices are rising by +4.0% over the last 12 months
3 year growth: 7.6%
5 year growth: 13.3%
Investment Disclaimer: Analysis based on SM6 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

Tharp Road, Wallington
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,722
Based on a loan of £352,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE