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Tennyson Avenue, New Malden KT3

London

£500,000

Listed on 12/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
797 sqft

Description

Nestled in the desirable area of New Malden, this three-bedroom home on Tennyson Avenue presents a remarkable chance for renovation-minded buyers. The property is configured over two levels, featuring a spacious front reception with a charming bay window and an adjoining dining room that opens directly to a substantial garden, perfect for social gatherings. While the kitchen remains functional, it is in need of an update, offering potential to reimagine it into a contemporary open-plan layout (subject to necessary permissions). On the upper floor, you will find three well-proportioned bedrooms—two comfortable doubles and a single—alongside a family bathroom that requires modernization. The overall layout is practical and conducive to family living. The generous rear garden stretches approximately 55ft and includes an outbuilding, offering abundant opportunities for landscaping or even expanding the property (subject to planning approval). Additionally, there’s scope for loft conversion or further extensions. Although the interior needs comprehensive updating, this property holds fantastic potential to become a customized family residence in a sought-after area, complete with local amenities and excellent transport links to London Waterloo via New Malden station. Offered with no onward chain, this opportunity should not be overlooked by those looking to invest in their dream home.

Investment Analysis

(KT3 area)

Above Market Value

This property is priced +1.1% above area average per sq ft

+1.1%
This Property
£627/sq ft
Area Average
£621/sq ft
Avg Rent (weekly)
£499
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£543,992
10% above area average per sq ft
Potential ROI
-9.3%
After renovation
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
8%
Properties sold annually

Local Market Trend (KT3)

Area prices are stable by -0.3% over the last 12 months
3 year growth: +17.4%
5 year growth: +12.6%
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

Tennyson Avenue, New Malden KT3
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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
£1,889
Based on a loan of £375,000 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

Price History

-4.8% since listed
£500,000£25,000(-4.8%)
29/05/2026
Current price
£525,000Initial listing
11/04/2026

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