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Morley Road, Morden SM3

London

£550,000
Listed on 22/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
923 sqft

Description

Nestled on the desirable Morley Drive in Morden, this three-bedroom semi-detached property presents an opportunity for buyers eager to transform a well-maintained home into their dream family residence. With spacious interiors and a layout that supports both comfort and practicality, this house is ideal for families looking to grow or investors aiming to enhance its value through renovations. The property features two distinct reception rooms, providing flexibility in design; a lounge at the front and a dining room at the rear that opens up to a generous garden, perfect for entertaining. The kitchen is functional but could be updated to meet contemporary standards. Outside, the sizable rear garden not only offers ample outdoor space but holds significant potential for further development, possibly extending the living area (subject to planning permissions). At the back of the garden, you will find two single garages that serve as convenient storage or parking solutions. Upstairs consists of two good-sized double bedrooms and a smaller single room suitable for various uses such as a child's bedroom or home office, complemented by a family bathroom. Morley Drive is ideally located close to reputable schools and excellent transport links into Central London, making it an attractive proposition for families and commuters alike.

Investment Analysis

(SM3 area)

Above Market Value

This property is priced +8.9% above area average per sq ft

+8.9%
This Property
£596/sq ft
Area Average
£547/sq ft
Avg Rent (weekly)
£382
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£555,775
10% above area average per sq ft
Potential ROI
-8.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (SM3)

Area prices are rising by +4.7% over the last 12 months
3 year growth: +2.2%
5 year growth: +13.3%
Investment Disclaimer: Analysis based on SM3 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

Morley Road, Morden SM3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,948
Based on a loan of £412,500 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.

Stamp Duty Calculator

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