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4 Berkshire Way, Mitcham, Surrey, CR4 1QT - Image 1
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4 Berkshire Way, Mitcham, Surrey, CR4 1QT

South East

£275,000Guide Price

Listed on 10/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
832 sqft

Description

This vacant three-bedroom semi-detached house presents a significant opportunity for renovation and investment. Located on a quiet residential road, the property is conveniently situated near local amenities and transportation links, including West Croydon overground and Thornton Heath rail station. The accommodation is spread across two floors, featuring two reception rooms, a kitchen on the ground floor, and three bedrooms along with a bathroom upstairs. A rear garden and off-street parking enhance the property's appeal. Given that it requires a comprehensive program of refurbishment and repairs, this house could be transformed into a desirable family home or rental investment. The flexibility regarding completion within six weeks or earlier further adds to its potential attractiveness for investors. This property will be offered at auction on 29th July 2026, allowing prospective buyers to engage directly in the purchasing process.

Investment analysis

(CR4 area)

Below Market Value

This property is priced -33.2% below area average per sq ft

-33.2%
Potential saving
This Property
£331/sq ft
Area Average
£495/sq ft
Avg Rent (weekly)
£416
Avg Yield
5.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£452,566
10% above area average per sq ft
Potential ROI
+35.1%
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

4 Berkshire Way, Mitcham, Surrey, CR4 1QT
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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
£1,039
Based on a loan of £206,250 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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