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Peaches Close, South Cheam SM2 - Image 1
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Peaches Close, South Cheam SM2

London

£675,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1278 sqft

Description

Located in a desirable pocket of South Cheam, this three-bedroom, two-bathroom end-of-terrace house presents a unique opportunity for buyers looking to invest in a property with significant renovation potential. While the home offers a generous living space, it requires some updating to match modern standards and personal taste. The layout features three spacious bedrooms and two bathrooms, along with a lounge and kitchen that can be reimagined according to your vision. Consider the possibility of converting the garage for additional living space or enhancing the current configuration to better suit your needs. The outdoor area boasts a sunny south-west facing garden that balances convenience and leisure, making it ideal for relaxation without excessive upkeep. The property also includes off-street parking and easy access to local amenities. Situated within walking distance of Cheam Village’s vibrant high street, notable schools, and excellent transport links—serving commuters with efficient connections to central London—the location enhances the property's attractiveness as an investment. With no onward chain, this house is poised for a smooth transition into your new home or renovation project.

Investment Analysis

(SM2 area)

Above Market Value

This property is priced +4.2% above area average per sq ft

+4.2%
This Property
£528/sq ft
Area Average
£507/sq ft
Avg Rent (weekly)
£363
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£712,459
10% above area average per sq ft
Potential ROI
-0.4%
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
13%
Properties sold annually

Local Market Trend (SM2)

Area prices are falling by +16.2% over the last 12 months
3 year growth: -6.3%
5 year growth: -4.1%
Investment Disclaimer: Analysis based on SM2 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

Peaches Close, South Cheam SM2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,473
Based on a loan of £506,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE