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Gorringe Park Avenue, Mitcham CR4 - Image 1
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Gorringe Park Avenue, Mitcham CR4

South East

£700,000
Listed on 24/03/2026

Property Details

Bedrooms
4
Type
Terraced
Area
1770 sqft

Description

This Edwardian terraced home features four bedrooms and is an ideal project for those with a vision for renovation. Located opposite the expansive Figges Marsh Common, the property boasts period charm while being situated in a convenient area rich with amenities. The layout is spacious and flexible, suitable for both family life and entertainment. Original architectural details and high ceilings enhance its character and provide a solid foundation for potential upgrades. While the interior requires modernisation, this presents a unique opportunity to customise the space to align with personal tastes and preferences. Families will appreciate the proximity to several schools within walking distance, as well as excellent transport options including Tooting Station and Tooting Broadway Underground (Northern Line). Local shops, restaurants, gyms, and other amenities further add to the appeal of this location. With outdoor space available and an inviting front aspect, this property offers significant potential for transformation into a stylish personal residence.

Investment Analysis

(CR4 area)

Below Market Value

This property is priced -21.1% below area average per sq ft

-21.1%
Potential saving
This Property
£395/sq ft
Area Average
£501/sq ft
Avg Rent (weekly)
£396
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£976,031
10% above area average per sq ft
Potential ROI
+28.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CR4)

Area prices are rising by +6.7% over the last 12 months
3 year growth: +5.0%
5 year growth: +10.9%
Investment Disclaimer: Analysis based on CR4 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

Gorringe Park Avenue, Mitcham CR4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,525
Based on a loan of £525,000 over 30 years at 4.06% 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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