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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-appointed townhouse presents a prime opportunity for investors looking to capitalize on its spacious and adaptable living arrangements. The ground floor boasts an open-plan kitchen/dining area that flows seamlessly into the rear garden, alongside a convenient downstairs WC and a substantial double garage that holds significant potential for conversion, subject to planning. An allocated parking space adds to the practicality of this property. On the first floor, you'll find a modern family bathroom complemented by a generous third bedroom and a versatile reception space that opens out onto an expansive private terrace. This room's flexibility allows it to serve various purposes, including an additional bedroom or even a principal suite. The uppermost level features a principal bedroom with bespoke built-in wardrobes and its own en-suite bathroom, while the second double bedroom also benefits from an en-suite. Built by Redrow Homes, this property not only offers comfortable living in a sought-after riverside area but also enhances its appeal through possible renovation projects which could significantly increase its value. Viewing is advised to appreciate the full potential of this home.

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 - £50,000
Target Value
£814,798
10% above area average per sq ft
Potential ROI
+20.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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.

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