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Green Lane, New Malden, KT3

London

£600,000

Listed on 03/06/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1388 sqft

Description

This unique detached three-bedroom chalet bungalow offers a fantastic opportunity for renovation and improvement, set on a generously sized and mature plot. The potential for expansion and enhancement is significant, pending the necessary planning permissions. The property features a large rear garden, perfect for family activities and entertaining outdoors. With off-street parking and a private garage, convenience is assured. Inside, the ground floor provides flexible living space, including a spacious reception room that leads into a separate dining area connected to the kitchen—ideal for both daily life and hosting gatherings. A well-sized bedroom and family bathroom round out this level. Moving upstairs, there are two additional bedrooms that benefit from pleasant views, along with a separate WC. Located about 0.5 miles from Berrylands Station and just under a mile from New Malden Station, the home is perfect for commuters seeking connectivity to London. Additionally, New Malden boasts a variety of shops, restaurants, and reputable schools within close proximity, alongside easy access to green spaces like Green Lane Recreation Ground and Rose Walk Nature Reserve.

Investment Analysis

(KT3 area)

Below Market Value

This property is priced -30.3% below area average per sq ft

-30.3%
Potential saving
This Property
£432/sq ft
Area Average
£621/sq ft
Avg Rent (weekly)
£499
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£947,379
10% above area average per sq ft
Potential ROI
+41.4%
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

Green Lane, 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
£2,267
Based on a loan of £450,000 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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