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Manor Road, Mitcham

South East

£450,000

Listed on 28/06/2026

Property details

Bedrooms
3
Type
Terraced
Area
926 sqft

Description

This terraced house, featuring three bedrooms, presents an excellent opportunity for transformation and investment. Set over two floors, the property boasts ample living space that can be tailored to modern family needs or optimized for resale value. The ground floor comprises a front-facing living room and a separate dining area that connects seamlessly to the rear garden—ideal for entertaining or family gatherings. The galley kitchen, while functional, could benefit from an upgrade to enhance usability and aesthetics. The first floor contains two generous double bedrooms alongside a smaller third bedroom, which is versatile enough to serve as a child’s room or a home office. A family bathroom with a traditional three-piece suite completes this level. Externally, the long rear garden of approximately 15 metres offers significant potential for landscaping or expansion, pending necessary planning permissions. This property encompasses roughly 86 sq m (926 sq ft) of internal space and is appealingly located in Mitcham, surrounded by local amenities and excellent transport links to Central London. With the right vision and investment, this home can be transformed into a contemporary dwelling suited to today's market demands.

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Investment analysis

(CR4 area)

Below Market Value

This property is priced -2.0% below area average per sq ft

-2.0%
Potential saving
This Property
£486/sq ft
Area Average
£496/sq ft
Avg Rent (weekly)
£435
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£505,022
10% above area average per sq ft
Potential ROI
+2.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (CR4)

Area prices are stable by -1.7% over the last 12 months
3 year growth: +2.6%
5 year growth: +2.5%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,700
Based on a loan of £337,500 over 30 years at 4.45% 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

Price History

-10.0% since listed
£450,000£25,000(-5.3%)
28/06/2026
Current price
£475,000£25,000(-5.0%)
14/05/2026
£500,000Initial listing
12/05/2026

Next Steps

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