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Manor Road, Mitcham CR4

South East

£500,000

Listed on 13/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
926 sqft

Description

This three-bedroom terraced house presents a significant opportunity for those looking to invest in a property with renovation potential. Spread across two floors, the home features substantial living spaces including a front-facing lounge and a separate dining room that has direct access to a lengthy rear garden, perfect for creating an outdoor oasis or extending the living area (subject to planning permissions). The compact kitchen, while functional, offers the chance to be reimagined into a modern culinary space. Upstairs, you’ll find three bedrooms—two spacious doubles and a smaller room that could serve as an ideal office or nursery. The family bathroom is equipped with basic fixtures, leaving room for creative updates. With approximately 86 sq m (926 sq ft) of internal space and the generous garden extending around 15 metres, this property is poised for enhancement and personalisation. Located on Manor Road in Mitcham, it benefits from proximity to local amenities and transport links, making it suitable not just as a home but also as a strategic investment with great growth potential.

Investment Analysis

(CR4 area)

Above Market Value

This property is priced +8.3% above area average per sq ft

+8.3%
This Property
£540/sq ft
Area Average
£499/sq ft
Avg Rent (weekly)
£412
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£507,772
10% above area average per sq ft
Potential ROI
-6.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (CR4)

Area prices are stable by -1.4% over the last 12 months
3 year growth: +0.8%
5 year growth: +2.4%
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

Manor Road, Mitcham CR4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,784
Based on a loan of £375,000 over 30 years at 3.97% 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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