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Malden Road, New Malden

London

£450,000

Listed on 01/06/2026

Property Details

Bedrooms
3
Type
Detached
Area
1186 sqft

Description

This vacant detached building presents a unique investment opportunity, currently divided into two self-contained flats. The ground floor features a one-bedroom unit, while the first floor offers a two-bedroom configuration, making it an appealing option for continued rental income or potential conversion back into a single-family home with the appropriate planning permissions. The property also boasts an outdoor patio garden and a substantial brick outbuilding that could serve various purposes after suitable renovations. Located centrally, it benefits from proximity to New Malden High Street and is within easy reach of local amenities such as schools, supermarkets, and transport links into Central London via New Malden railway station. This is a prime opportunity for investors looking to enhance property value through thoughtful updates and development.

Investment Analysis

(KT3 area)

Below Market Value

This property is priced -38.9% below area average per sq ft

-38.9%
Potential saving
This Property
£379/sq ft
Area Average
£621/sq ft
Avg Rent (weekly)
£499
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£809,504
10% above area average per sq ft
Potential ROI
+58.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (KT3)

Area prices are stable by -0.3% over the last 12 months
3 year growth: +17.4%
5 year growth: +12.6%
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

Malden Road, New Malden
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,700
Based on a loan of £337,500 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

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