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Elm Road, New Malden, KT3

London

£650,000

Listed on 27/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
870 sqft

Description

This spacious three-bedroom semi-detached home is located in the desirable area of New Malden, just a short walk from the vibrant High Street. The property features a welcoming entrance hall that connects to a comfortable front-facing sitting room and an inviting dining/family space at the rear, providing a versatile living environment. A separate modern kitchen completes the ground floor layout. Upstairs, you'll find three generously sized bedrooms along with a family bathroom/W.C. The outdoor space includes private gardens at both the front and back, ideal for landscaping or personal touches. This property presents numerous opportunities for enhancement and expansion, particularly at the rear or into the loft (subject to obtaining planning permission). With no ongoing chain and immediate availability, it’s an excellent prospect for those looking to invest in renovations to maximize its potential.

Investment Analysis

(KT3 area)

Above Market Value

This property is priced +20.4% above area average per sq ft

+20.4%
This Property
£747/sq ft
Area Average
£621/sq ft
Avg Rent (weekly)
£499
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£593,819
10% above area average per sq ft
Potential ROI
-13.9%
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

Elm 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
£2,456
Based on a loan of £487,500 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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