Worst House on the Street Logo
Martin Way, Morden - Image 1
Martin Way, Morden - Image 2
Martin Way, Morden - Image 3
Martin Way, Morden - Image 4
Martin Way, Morden - Image 5
Martin Way, Morden - Image 6
Martin Way, Morden - Image 7
Martin Way, Morden - Image 8
Martin Way, Morden - Image 9

Martin Way, Morden

London

£265,000

Listed on 30/05/2026

Property Details

Bedrooms
1
Type
Flat
Area
600 sqft

Description

This ground floor maisonette features its own private entrance and side access, complemented by a generous east-facing garden that presents significant potential for renovation. With approximately 577 sq ft of living space, this one-bedroom home is an ideal canvas for buyers interested in modernising and tailoring the interior to their preferences. The layout includes a bright reception room suitable for both living and dining, a fitted kitchen that could benefit from upgrades, a spacious double bedroom that overlooks the garden, and a bathroom with a separate W.C. The outdoor space is particularly appealing, offering ample opportunity for gardening or entertaining. Additional highlights include a recently updated boiler, new double glazing at the rear, charming high ceilings, and practical understairs storage. This property is conveniently located near Morden town centre, with easy access to various transport links and local amenities. Note that there are approximately 58 years left on the lease; prospective buyers should be prepared for the process of extending it.

Investment Analysis

(SM4 area)

Below Market Value

This property is priced -20.7% below area average per sq ft

-20.7%
Potential saving
This Property
£442/sq ft
Area Average
£557/sq ft
Avg Rent (weekly)
£446
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£367,422
10% above area average per sq ft
Potential ROI
+22.5%
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
11%
Properties sold annually

Local Market Trend (SM4)

Area prices are falling by -5.0% over the last 12 months
3 year growth: -0.6%
5 year growth: +7.9%
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

Martin Way, Morden
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,001
Based on a loan of £198,750 over 30 years at 4.45% 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Similar Properties