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4 Berkshire Way, Mitcham, Surrey, CR4 1QT - Image 1
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4 Berkshire Way, Mitcham, Surrey, CR4 1QT

South East

£275,000
Listed on 12/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
832 sqft

Description

This three-bedroom semi-detached house presents an excellent opportunity for renovation, ideal for investors or those looking to create their dream home. Situated on a quiet residential street in close proximity to local amenities and green spaces such as Mitcham Common, the property offers both convenience and potential. The layout includes two reception rooms and a kitchen on the ground floor, alongside three bedrooms and a bathroom on the first floor. With off-street parking and a rear garden, this property is primed for refurbishment, allowing buyers to modernize and enhance its appeal. Notably, the home requires comprehensive work to reach its full potential, making it suitable for buyers willing to invest time and resources into updates. The EPC rating is G, indicating significant improvement opportunities in energy efficiency.

Investment Analysis

(CR4 area)

Below Market Value

This property is priced -33.7% below area average per sq ft

-33.7%
Potential saving
This Property
£331/sq ft
Area Average
£499/sq ft
Avg Rent (weekly)
£412
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£456,227
10% above area average per sq ft
Potential ROI
+28.5%
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

4 Berkshire Way, Mitcham, Surrey, CR4 1QT
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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
£981
Based on a loan of £206,250 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.

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