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Vale Road, Mitcham, CR4

South East

£550,000
Listed on 07/05/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
1151 sqft

Description

This end-of-terrace home presents a significant opportunity for renovation and expansion, making it a prime investment for those looking to enhance their living space. The property boasts three bedrooms and an impressive 1,658 sq. ft. of internal living area. While the current condition is well-maintained, there is ample potential for customization or modernization. The ground floor features a contemporary kitchen leading to a spacious open-plan living/dining area that opens into a conservatory overlooking the rear garden. Upstairs offers three light-filled bedrooms and a modern bathroom suite. Additionally, this property includes off-street parking for several vehicles and a larger than double garage with potential for extension (STPP), as well as possibilities to extend the loft (STPP). With no onward chain, this offers an enticing prospect in a quiet cul-de-sac close to outstanding local schools and nearby amenities like Mitcham Commons and Mitcham Eastfields Train Station.

Investment Analysis

(CR4 area)

Below Market Value

This property is priced -4.1% below area average per sq ft

-4.1%
Potential saving
This Property
£478/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
£631,151
10% above area average per sq ft
Potential ROI
+5.2%
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

Vale Road, Mitcham, CR4
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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
£1,962
Based on a loan of £412,500 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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