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Elm Road, New Malden - Image 1
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Elm Road, New Malden

London

£450,000
Listed on 12/01/2026

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom terraced house is currently unoccupied and presents a significant renovation opportunity for those looking to create a personalized living space. Ideal for owner-occupiers eager to invest in their dream home or for investors seeking to maximize potential returns, this property is ripe for refurbishment and improvement. Set in the desirable area bordering The Groves, it offers the potential for expansion (contingent upon planning approval) alongside its functional layout. The location boasts excellent access to local schools, shops, and transport links, with New Malden train station just about a 10-minute walk away, providing easy commutes to London Waterloo. With essential amenities and vibrant community life nearby, this property stands as a promising project waiting for the right vision.

Investment Analysis

(KT3 area)
Area Average
£619/sq ft
Avg Rent (weekly)
£564
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (KT3)

Area prices are stable by +1.4% over the last 12 months
3 year growth: 14.9%
5 year growth: 16.9%
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
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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
£1,648
Based on a loan of £337,500 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.

Next Steps

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