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Bindon Green, Morden, SM4

London

£550,000

Listed on 28/05/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
947 sqft

Description

This three-bedroom end-of-terrace property in Morden presents a noteworthy chance for both investors and potential homeowners looking to add value through renovation. The house features a spacious reception area, suitable for various layouts, along with a functional kitchen that offers ample storage space. The upper floor hosts three good-sized bedrooms and a family bathroom that could benefit from modern updates. Being an end unit, the property enjoys greater privacy and sits on a larger-than-usual plot, complete with a sizable rear garden that opens up possibilities for outdoor enhancements or extensions (subject to planning permission). Located in proximity to essential amenities, reputable schools, and reliable transport links, this home not only provides immediate comfort but also significant investment potential for the discerning buyer willing to undertake some renovations.

Investment Analysis

(SM4 area)

Above Market Value

This property is priced +3.7% above area average per sq ft

+3.7%
This Property
£581/sq ft
Area Average
£560/sq ft
Avg Rent (weekly)
£461
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£583,404
10% above area average per sq ft
Potential ROI
-1.1%
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

Bindon Green, Morden, SM4
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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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