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Furness Road, Morden

London

£550,000
Listed on 08/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
662 sqft

Description

This three-bedroom butterfly-style home presents a well-maintained living space with significant potential for enhancement. It features a recently updated bathroom and a rear extension that brings in ample natural light, creating an inviting atmosphere. The property includes a spacious two-car driveway and side access, ensuring convenient parking options. Located near the Northern Line, its excellent transport links will appeal to both families and investors. Notably, there are existing plans for possible side and loft extensions that could further increase the property's value by adding additional bedrooms—subject to the necessary planning permissions. This freehold property is offered without any onward chain, offering flexibility for those looking to make their mark or invest in a home with growth potential.

Investment Analysis

(SM4 area)

Above Market Value

This property is priced +48.3% above area average per sq ft

+48.3%
This Property
£831/sq ft
Area Average
£560/sq ft
Avg Rent (weekly)
£461
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£407,828
10% above area average per sq ft
Potential ROI
-33.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Furness Road, 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
£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.

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