Warminster Way, Mitcham, Merton
South East
£450,000
Listed on 10/10/2026
Listed on 10/10/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
836 sqftFeatures
- Garden
- Parking
Description
This three-bedroom mid-terrace house has two reception rooms, a kitchen with access to the rear garden, and a family bathroom. The separate reception spaces offer flexibility for living and dining, while the garden provides scope for landscaping. The property also has off-street parking.
Mitcham Eastfields and Streatham Common stations are within reach, with rail connections towards Balham, Clapham Junction and Victoria. Local shops and leisure facilities include Mitcham Leisure Centre, and Streatham Vale has cafés, pubs and other independent businesses. Nearby schools and bus routes provide connections to Streatham, Tooting and Croydon.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
45out of 100
Grade ELow opportunity
Confidence: MEDIUM
This three-bedroom mid-terrace has a usable starting point: two reception rooms, off-street parking and a serviceable interior, with scope for selective cosmetic updates rather than a major overhaul. The most visible project is the cluttered, overgrown rear garden, which could be cleared and landscaped into a more useful outdoor space; the dated reception and kitchen finishes also offer room to add your own style.
At £450,000, the asking price is around 9% above the local £/sqf benchmark, so price is a constraint rather than a value advantage. With the purchase price and the stated refurb midpoint, all-in costs look tight against local benchmarks, even though the light works leave a straightforward canvas for a project buyer.
Key opportunities
- Clear and landscape the rear garden to create a more practical outdoor space.
- Refresh the dated reception and kitchen finishes without needing to start from a major internal overhaul.
- Make use of the two separate reception rooms and off-street parking.
Key risks
- The rear garden needs substantial clearance before landscaping can begin.
- The asking price is above the local £/sqf benchmark.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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£
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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.
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