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Malden Road, New Malden, KT3

London

£450,000

Listed on 02/06/2026

Property Details

Bedrooms
3
Type
Detached
Area
1186 sqft

Description

This unique opportunity presents a vacant detached property currently divided into two self-contained flats, ideal for investors looking to capitalize on its potential in a desirable London location. The ground floor features a well-proportioned one-bedroom flat, while the first floor offers a spacious two-bedroom flat. This configuration allows for continued rental income or provides the option to revert back to a single-family residence, pending necessary planning permissions. The property boasts a manageable patio garden and includes a substantial brick outbuilding that offers versatile storage solutions or could be transformed into additional usable space, subject to planning. Positioned conveniently close to New Malden High Street, residents will appreciate easy access to local amenities, schools, supermarkets, dining options, and leisure facilities. Additionally, New Malden railway station is within reach, providing direct access to Central London. As this property is offered with freehold and vacant possession, it provides an immediate investment or renovation opportunity in a sought-after area.

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
£30,000 - £50,000
Target Value
£809,504
10% above area average per sq ft
Potential ROI
+61.9%
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, KT3
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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.

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