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Manor Road, Mitcham

South East

£500,000
Listed on 06/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
926 sqft

Description

This three-bedroom terraced house presents an inviting opportunity for those looking to enhance a property and increase its value. Located on the well-established Manor Road in Mitcham, this home offers spacious living across two floors with significant potential for modernization and expansion. The ground floor features a front-facing living room that leads into a separate dining area with direct access to a sizable rear garden, perfect for entertaining or family gatherings. The compact galley kitchen, while functional, could benefit from an update to maximize space efficiency. Upstairs, you will find three bedrooms—two generous doubles and a smaller room suitable as a child's bedroom or home office—alongside a family bathroom that is ready for renovation. The long garden, measuring approximately 15 metres, is not only an appealing outdoor space but also presents possibilities for landscaping or even extending the house (subject to planning permissions). With around 86 sq m (926 sq ft) of internal accommodation, this property is ideal for families, first-time buyers, or investors eager to make their mark in the market. Its location affords easy access to local amenities and excellent transport links into Central London, making it both practical and promising for future development.

Investment Analysis

(CR4 area)

Above Market Value

This property is priced +8.3% above area average per sq ft

+8.3%
This Property
£540/sq ft
Area Average
£499/sq ft
Avg Rent (weekly)
£412
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£507,772
10% above area average per sq ft
Potential ROI
-5.1%
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

Manor Road, 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
£1,784
Based on a loan of £375,000 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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