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Motspur Park, New Malden, KT3

London

£675,000

Listed on 23/05/2026

Property Details

Bedrooms
4
Type
Plot

Description

This unique opportunity presents a freehold plot primed for development, complete with full planning permission for a substantial two-storey family residence. With all pre-commencement conditions already addressed, you can start construction without delay. The site spans approximately 352 sq m (3,790 sq ft) and is conveniently located just a short 10-minute stroll (0.5 miles) from Motspur Park Station, which offers direct trains to London Waterloo in roughly 25 minutes, along with connections to Guildford and Dorking. The approved plans outline a spacious home of around 225 sq m (2,421 sq ft) featuring four generously sized bedrooms and three bathrooms, with the added benefit of off-street parking at the front. There is also potential for further expansion into the loft area, pending additional planning approval. Situated within the esteemed Royal Borough of Kingston upon Thames, this area boasts excellent transport links via the A3, facilitating easy access to both London and Surrey. It is also well-regarded for its exceptional educational institutions, providing numerous highly rated primary and secondary schools in the Kingston and Merton regions. Notably, there are no Community Infrastructure Levy (CIL) fees or Section 106 obligations associated with this opportunity, making this project even more appealing for potential developers or investors looking at future value growth.

Investment Analysis

(KT3 area)
Area Average
£622/sq ft
Avg Rent (weekly)
£506
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£400,000 - £600,000
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

Motspur Park, 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
£2,408
Based on a loan of £506,250 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

This calculation uses non-residential (land/commercial) tax rates.

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