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Neath Gardens, Morden

London

£569,000
Listed on 01/05/2026

Property Details

Bedrooms
5
Type
End Of Terrace
Area
1226 sqft

Description

This 4/5 bedroom property represents a compelling opportunity for both investors and families seeking a home with considerable versatility. Spanning three floors, the layout is conducive to reconfiguration, making it an attractive candidate for conversion into a House in Multiple Occupation (HMO), pending necessary approvals. The ground level includes a reception area, a kitchen with dining space, and a shower room, along with access to a garden. Upstairs, additional bedrooms and bathroom facilities are located, including a generously sized bedroom on the top floor featuring an en-suite. With external areas including a private rear garden and convenient on-street parking, there is also potential for expansion through a double-storey side extension (subject to planning). This property could yield an estimated rental income of around £3,600 per month once adapted to HMO standards.

Investment Analysis

(SM4 area)

Below Market Value

This property is priced -17.1% below area average per sq ft

-17.1%
Potential saving
This Property
£464/sq ft
Area Average
£560/sq ft
Avg Rent (weekly)
£461
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£755,283
10% above area average per sq ft
Potential ROI
+22.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
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

Neath Gardens, Morden
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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
£2,030
Based on a loan of £426,750 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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