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South Lane, New Malden KT3 - Image 1
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South Lane, New Malden KT3

London

£550,000
Listed on 26/12/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This Edwardian two-bedroom residence presents a unique opportunity for buyers seeking a project to modernize and enhance an inherently attractive property. With its spacious layout featuring a sizeable through living/dining area, beautiful bay window, and high ceilings, the home offers ample natural light and character. The property includes a fitted kitchen with access to a private rear garden, providing potential for outdoor improvements. Upstairs, you will find two generously-sized double bedrooms, both equipped with built-in storage, as well as an unexpectedly large four-piece bathroom. The possibility for extension (subject to planning permission) adds significant investment appeal. Noteworthy features include gas central heating from a recently installed Vaillant boiler and double glazing throughout, along with convenient on-street parking. Nestled in an area well-serviced by public transport and local amenities, this home is ideal for those ready to embark on a renovation journey—all available without the delay of an onward chain.

Investment Analysis

(KT3 area)
Area Average
£617/sq ft
Avg Rent (weekly)
£514
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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 (KT3)

Area prices are stable by +0.7% over the last 12 months
3 year growth: 12.0%
5 year growth: 16.3%
Investment Disclaimer: Analysis based on KT3 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

South Lane, New Malden KT3
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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
£2,015
Based on a loan of £412,500 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