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South Drive, Cheam SM2

London

£1,250,000

Listed on 18/06/2026

Property details

Bedrooms
5
Type
Detached
Area
2054 sqft

Description

This spacious five-bedroom detached residence in Cheam offers an impressive 2,054 square feet of living space, ideal for those looking to customize or enhance their home investment. The ground floor features two reception areas alongside a kitchen/diner and a conservatory, providing a versatile layout for family living and entertaining. A conveniently located shower room with WC adds practicality to the space. The expansive garden, measuring 114ft x 44ft, presents abundant opportunities for landscaping or outdoor extensions. Upstairs, three generous double bedrooms are complemented by two smaller rooms and a family bathroom that could benefit from updating. Notably, the large loft area offers potential for conversion (subject to planning permission), which could significantly increase the property's value. Additional features include a garage and driveway accommodating up to four vehicles. This property is situated on a desirable no-through road just half a mile from Cheam National Rail Station, ensuring easy access to central London while being surrounded by local parks and highly regarded schools—making it particularly appealing for families looking to invest in their future.

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Investment analysis

(SM2 area)

Above Market Value

This property is priced +21.5% above area average per sq ft

+21.5%
This Property
£609/sq ft
Area Average
£501/sq ft
Avg Rent (weekly)
£408
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,132,072
10% above area average per sq ft
Potential ROI
-16.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (SM2)

Area prices are falling by -9.0% over the last 12 months
3 year growth: -5.3%
5 year growth: -9.9%
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

South Drive, Cheam SM2
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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
£4,722
Based on a loan of £937,500 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.

Stamp duty calculator

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