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Tharp Road, Wallington, SM6

London

£375,000

Listed on 22/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
869 sqft

Description

This mid-terrace two-bedroom home presents a solid opportunity for renovation enthusiasts looking to create their ideal living space. With a separate study or office, the layout includes a through reception room that flows into the kitchen, alongside a family bathroom. The property boasts a southerly facing rear garden, currently overgrown, but with potential for rejuvenation and landscaping. Conveniently located just 0.4 miles from Mellows Park, 0.6 miles from Wallington Mainline Station, and within walking distance to Wallington High Street's variety of eateries and shops, this property is ripe for modernization. Prospective buyers can customize the interiors to reflect personal taste while enhancing its market value.

Investment analysis

(SM6 area)

Below Market Value

This property is priced -10.4% below area average per sq ft

-10.4%
Potential saving
This Property
£432/sq ft
Area Average
£482/sq ft
Avg Rent (weekly)
£361
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£460,457
10% above area average per sq ft
Potential ROI
+15.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (SM6)

Area prices are stable by -0.7% over the last 12 months
3 year growth: +3.0%
5 year growth: +2.0%
Investment Disclaimer: Analysis based on SM6 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

Tharp Road, Wallington, SM6
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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
£1,417
Based on a loan of £281,250 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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