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Acacia Road, Mitcham, CR4

South East

£450,000

Listed on 01/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
1029 sqft

Description

This two-bedroom house presents a unique opportunity for renovation and customization, situated just a short distance from Mitcham Eastfields Train Station. While the property has been well-maintained, there remains ample potential for further enhancement, particularly with plans for loft extensions subject to planning permission. The ground floor features an open plan reception area that flows into a modern kitchen extension equipped with contemporary appliances, adjoining a functional utility room. The upper level comprises two spacious double bedrooms and a stylish three-piece bathroom suite, alongside access to an additional loft space. Outside, you will find a private garden complete with a garden room that could be transformed into an inviting outdoor retreat. This property also benefits from no onward chain and is conveniently located near essential amenities and green spaces, making it an ideal investment for those looking to add value through thoughtful renovations.

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Investment analysis

(CR4 area)

Below Market Value

This property is priced -11.6% below area average per sq ft

-11.6%
Potential saving
This Property
£437/sq ft
Area Average
£495/sq ft
Avg Rent (weekly)
£416
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£559,725
10% above area average per sq ft
Potential ROI
+17.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (CR4)

Area prices are stable by -1.8% over the last 12 months
3 year growth: +2.0%
5 year growth: +1.6%
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

Acacia 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
£1,700
Based on a loan of £337,500 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.

Stamp duty calculator

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