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Manor Way, Mitcham, CR4

South East

£525,000
Listed on 13/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1058 sqft

Description

This three-bedroom house presents an appealing investment opportunity in a desirable South East location, perfect for those looking to add value through renovation. The property spans over 1,000 sq. ft., featuring a spacious open-plan reception and dining area, complemented by an extended galley kitchen that leads out to a southeast-facing garden. The upstairs layout includes three well-sized bedrooms alongside a contemporary family bathroom. Situated on a quiet residential street, this home offers the added benefit of a garage at the rear, as well as significant potential for loft and rear extensions (subject to planning permission). Additionally, it is conveniently located near highly-rated schools and community amenities such as tennis courts, making it attractive for families. With no onward chain, this property is ready for transformation into a dream home or rental investment.

Investment Analysis

(CR4 area)

Below Market Value

This property is priced -0.5% below area average per sq ft

-0.5%
Potential saving
This Property
£496/sq ft
Area Average
£499/sq ft
Avg Rent (weekly)
£412
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£580,154
10% above area average per sq ft
Potential ROI
+1.8%
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 Way, 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
£1,873
Based on a loan of £393,750 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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