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Wandle Road, Morden

London

£725,000

Listed on 18/06/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
945 sqft

Description

This detached three-bedroom bungalow is located in the desirable Ravensbury area of Morden, presenting a promising opportunity for investors or those looking to create their dream home. The property's layout includes a bay-fronted reception room featuring a charming fireplace, three spacious bedrooms, and a family bathroom equipped with an original avocado suite—a hint towards character that could be revitalized. The generous kitchen/dining area provides views of the rear garden, which is well-kept and complemented by a garage, additional storage space, and ample off-street parking for multiple vehicles. While the property is functional as it stands, it offers substantial potential for modernisation and personalisation. Its convenient proximity to Morden Underground Station, tram services, bus routes, and local green spaces like Morden Hall Park ensures an appealing location for future enhancements.

Investment Analysis

(SM4 area)

Above Market Value

This property is priced +37.8% above area average per sq ft

+37.8%
This Property
£767/sq ft
Area Average
£557/sq ft
Avg Rent (weekly)
£446
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£578,690
10% above area average per sq ft
Potential ROI
-24.8%
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
11%
Properties sold annually

Local Market Trend (SM4)

Area prices are falling by -5.0% over the last 12 months
3 year growth: -0.6%
5 year growth: +7.9%
Investment Disclaimer: Analysis based on SM4 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

Wandle Road, Morden
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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
£2,739
Based on a loan of £543,750 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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