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Tamworth Park, Mitcham

South East

£515,000

Listed on 17/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1178 sqft

Description

This spacious semi-detached family home offers a unique opportunity for prospective buyers to personalize and modernize the living space. Originally owned by just two families, the property features a large entrance hall that welcomes you into a generous through lounge and a fitted kitchen, both of which lead into a conservatory that opens onto an approximately 80ft private rear garden. Upstairs, there are three good-sized bedrooms serviced by a family bathroom and a separate WC. While it has been well-maintained over the years, the property presents excellent scope for renovation and potential for extension (subject to planning permission), making it ideal for those looking to invest in their future. With off-street parking available for two cars and positioned conveniently close to Mitcham Common and local amenities, this property is perfect for families seeking to create their forever home without any onward chain.

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
£25,000 - £50,000
Target Value
£640,773
10% above area average per sq ft
Potential ROI
+13.4%
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

Tamworth Park, 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
£1,946
Based on a loan of £386,250 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

Next Steps

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