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St Barnabas Road, Mitcham, CR4

South East

£620,000

Listed on 26/06/2026

Property details

Bedrooms
3
Type
Terraced
Area
1172 sqft

Description

Located on the sought-after St Barnabas Road in Mitcham, this three-bedroom freehold home presents a significant opportunity for renovation, ideal for first-time buyers, families looking to expand, or savvy investors. Spanning approximately 1,172 sqft., the residence features a bright reception area that can be transformed with modern finishes and a fitted kitchen offering good potential for upgrading storage solutions and workspace. The three well-sized bedrooms provide ample room for reconfiguration or enhancement. A contemporary family bathroom is already in place, and the private rear garden offers an inviting space that could be further developed for entertaining or gardening enthusiasts. The freehold aspect adds value, making this property attractive in the current market. Positioned conveniently close to local amenities, reputable schools, and transport links including Tooting Overground and Tooting Broadway Underground stations, it combines suburban charm with easy access to Central London. Given its ample space and favourable location, this home has excellent investment potential particularly for those looking to enter the housing market or expand their portfolio with a property that can be significantly improved.

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Investment analysis

(CR4 area)

Above Market Value

This property is priced +6.7% above area average per sq ft

+6.7%
This Property
£529/sq ft
Area Average
£496/sq ft
Avg Rent (weekly)
£435
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£639,185
10% above area average per sq ft
Potential ROI
-3.2%
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

St Barnabas Road, 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
£2,342
Based on a loan of £465,000 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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