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Feltham Road, Mitcham

South East

£400,000

Listed on 26/06/2026

Property details

Bedrooms
3
Type
Terraced
Area
921 sqft

Description

This mid-terraced two/three-bedroom residence is situated in a highly accessible town centre, making it an appealing prospect for those looking to invest in a renovation project. The property stands out due to its potential for modernization, allowing new owners to infuse their personal style and preferences throughout the space. Inside, the layout features two spacious reception rooms that can accommodate both living and dining arrangements, along with a separate kitchen at the rear. On the upper floor, there are two or three bedrooms complemented by a family bathroom, which provides flexibility in configuring living spaces to meet various needs. The private garden offers an inviting outdoor area that could be transformed into an enjoyable retreat or landscaped further. While this home requires updating, it presents an excellent opportunity for first-time buyers or investors eager to add value and create a customized living environment.

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Investment analysis

(CR4 area)

Below Market Value

This property is priced -12.4% below area average per sq ft

-12.4%
Potential saving
This Property
£434/sq ft
Area Average
£496/sq ft
Avg Rent (weekly)
£435
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£502,295
10% above area average per sq ft
Potential ROI
+16.8%
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
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

Feltham Road, Mitcham
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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
£1,511
Based on a loan of £300,000 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

Next Steps

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