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Daffodil Close, Mitcham Junction, Mitcham, CR4 - Image 1
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Daffodil Close, Mitcham Junction, Mitcham, CR4

South East

£625,000

Listed on 02/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1494 sqft

Description

This well-structured townhouse presents an excellent opportunity for those looking to invest in a flexible living space with potential for enhancement. The ground floor includes a spacious open-plan kitchen and dining area that opens directly into the garden, alongside a convenient downstairs WC and a sizable double garage that could be converted into additional living space, subject to planning permission. An allocated parking space is also included. On the first floor, you will find a modern family bathroom, a generously sized third bedroom, and a bright reception room that leads out to a large private terrace – this area offers versatility as it could function as a fourth bedroom or be transformed into the principal suite. The second floor boasts the principal bedroom equipped with bespoke floor-to-ceiling wardrobes and an en-suite bathroom, along with another well-appointed double bedroom featuring its own modern en-suite. Built by Redrow Homes in a desirable riverside locale, this property holds significant renovation and investment potential for buyers who wish to personalize their living space further.

Investment Analysis

(CR4 area)

Below Market Value

This property is priced -15.6% below area average per sq ft

-15.6%
Potential saving
This Property
£418/sq ft
Area Average
£496/sq ft
Avg Rent (weekly)
£435
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£814,798
10% above area average per sq ft
Potential ROI
+21.6%
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
6%
Properties sold annually

Local Market Trend (CR4)

Area prices are stable by -1.7% over the last 12 months
3 year growth: +2.6%
5 year growth: +2.5%
Investment Disclaimer: Analysis based on CR4 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

Daffodil Close, Mitcham Junction, Mitcham, CR4
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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
£2,361
Based on a loan of £468,750 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

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