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Oxford Close, Mitcham

South East

£600,000
Listed on 29/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1869 sqft

Description

This corner plot residence presents a unique opportunity for keen investors or first-time buyers looking to enhance their living space. The home has been thoughtfully extended on the ground floor, featuring a spacious double reception room conducive to both relaxation and entertaining. A dedicated study space is perfect for remote work, while the expansive eat-in kitchen offers versatility for family gatherings and everyday dining. Additionally, a utility room equipped with a shower and WC adds to the home's functionality. Upstairs, you'll find three generously sized bedrooms complemented by a family bathroom. There is noticeable potential for loft extension and further first-floor modifications, subject to planning approvals, allowing an increase in living area that could significantly boost property value. The exterior showcases a low-maintenance paved garden ideal for outdoor entertaining, along with a double garage at the rear that could serve as storage or be converted into a home office or studio (STPP), enhancing its appeal based on individual needs. Positioned strategically in a desirable location, this property not only offers immediate comfort but also significant potential for future enhancement. With convenient access to Mitcham Eastfields Station providing direct routes into London Victoria and proximity to reputable schools and the serene Mitcham Common, this opportunity should not be overlooked.

Investment Analysis

(CR4 area)

Below Market Value

This property is priced -35.6% below area average per sq ft

-35.6%
Potential saving
This Property
£321/sq ft
Area Average
£499/sq ft
Avg Rent (weekly)
£412
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£1,024,866
10% above area average per sq ft
Potential ROI
+57.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (CR4)

Area prices are stable by -1.4% over the last 12 months
3 year growth: +0.8%
5 year growth: +2.4%
Investment Disclaimer: Analysis based on CR4 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

Oxford Close, Mitcham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,141
Based on a loan of £450,000 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.

Stamp Duty Calculator

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