Grand Drive, Morden Park, London SW20 - Image 1

Grand Drive, Morden Park, London SW20

London

£180,000

Listed on 07/04/2026

Property Details

Bedrooms

Type

Flat

Area

649 sqft

Description

This generously sized two-bedroom flat presents an exceptional opportunity for renovation enthusiasts and investors alike. The layout offers a solid foundation for modern updates, making it a prime candidate for transformation. Situated in a convenient location, the property benefits from proximity to local shops, essential amenities, and nearby green spaces, enhancing its appeal as a potential rental or resale investment. The surrounding areas of Morden, Raynes Park, and Wimbledon provide additional lifestyle perks with their vibrant offerings just a short distance away.

Investment Analysis

(SW20 area)

Below Market Value

This property is priced -60.5% below area average per sq ft

-60.5%

Potential saving

This Property

£277/sq ft

Area Average

£702/sq ft

Avg Rent (weekly)

£558

Avg Yield

4.0%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£25,000 - £40,000

Target Value

£501,051

10% above area average per sq ft

Potential ROI

+127.8%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

Properties sold annually

Local Market Trend (SW20)

Area prices are rising by +2.5% over the last 12 months

3 year growth: +2.1%

5 year growth: +2.0%

Investment Disclaimer: Analysis based on SW20 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

Grand Drive, Morden Park, London SW20

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Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments

£638

Based on a loan of £135,000 over 30 years at 3.91% 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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