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Miles Road, Mitcham CR4

South East

£425,000
Listed on 13/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
700 sqft

Description

This two-bedroom mid-terraced house on Miles Road offers a promising canvas for those looking to infuse their personal style and updates. Nestled between Colliers Wood and Mitcham, the property stands out for its potential, making it an ideal consideration for first-time buyers or investors eyeing a renovation project. The ground floor features two spacious reception areas alongside a kitchen that can be reimagined, while the upper level houses two well-sized bedrooms complemented by a family bathroom. Additional loft space is available, enhancing storage possibilities. Outside, a private rear garden invites opportunities for landscaping or outdoor living enhancements. With convenient access to local shops, cafes, and public transport links—such as Colliers Wood Underground Station—this property not only promises comfortable living but also presents an excellent investment opportunity to create a modern home in a sought-after South West London area.

Investment Analysis

(CR4 area)

Above Market Value

This property is priced +21.8% above area average per sq ft

+21.8%
This Property
£607/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
£383,845
10% above area average per sq ft
Potential ROI
-17.5%
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

Miles 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
£1,516
Based on a loan of £318,750 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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