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Laings Avenue, Mitcham, CR4

South East

£550,000

Listed on 15/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
894 sqft

Description

This three-bedroom mid-terrace house, located on the borders of Colliers Wood and Mitcham, presents a solid investment opportunity. The property has recently undergone extensive refurbishment, resulting in a welcoming entrance hall and a bright reception room that invites natural light. The open-plan kitchen/dining area is designed for modern living and offers ample space for entertaining. Upstairs, you will find three well-proportioned bedrooms and a contemporary three-piece bathroom suite, complemented by plenty of storage options throughout the property. A notable feature is the large rear garden, which includes a substantial outbuilding that could serve various purposes such as a home office or additional storage. The property also holds significant potential for future enhancements with the possibility of extending into the loft or back (subject to planning permission), making it an attractive option for those looking to add value. Located in a quiet cul-de-sac just off Bond Road, it is conveniently positioned near local parks and amenities including Lavender Park, Figges Marsh, and shopping at Tandem Centre. With no onward chain, this property is ready for immediate occupancy or renovation planning.

Investment Analysis

(CR4 area)

Above Market Value

This property is priced +24.1% above area average per sq ft

+24.1%
This Property
£615/sq ft
Area Average
£496/sq ft
Avg Rent (weekly)
£435
Avg Yield
5.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£487,570
10% above area average per sq ft
Potential ROI
-15.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Laings Avenue, 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
£2,078
Based on a loan of £412,500 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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