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Manor Drive North, New Malden, KT3 - Image 1
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Manor Drive North, New Malden, KT3

London

£640,000
Listed on 12/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
1073 sqft

Description

This three-bedroom detached family home offers a solid foundation for renovation and investment, situated in a prime location with excellent transport links and reputable local schools. The traditional layout features spacious living areas, including a dining room at the rear with direct access to the south-westerly facing garden, ideal for entertaining or family gatherings. A separate front reception room adds to the home's versatility. The first floor comprises three bedrooms alongside a family bathroom, presenting an opportunity to modernize and enhance the functional space. The property also includes a private garage within its garden area. With local amenities such as shops and supermarkets close by, plus Malden Manor station providing swift access to London Waterloo, this home is perfectly positioned for potential buyers looking to invest in a property that can be extended or updated with the necessary consents. Worcester Park’s vibrant community atmosphere only adds to its appeal, making this home a worthwhile project for those seeking both comfort and growth potential.

Investment Analysis

(KT3 area)

Below Market Value

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

-4.1%
Potential saving
This Property
£596/sq ft
Area Average
£622/sq ft
Avg Rent (weekly)
£506
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£734,265
10% above area average per sq ft
Potential ROI
+6.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (KT3)

Area prices are stable by +2.0% over the last 12 months
3 year growth: +20.6%
5 year growth: +15.5%
Investment Disclaimer: Analysis based on KT3 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 Drive North, New Malden, KT3
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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
£2,283
Based on a loan of £480,000 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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