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Manor Way, Mitcham CR4

South East

£500,000

Listed on 01/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
1058 sqft

Description

This well-maintained three-bedroom home presents an excellent opportunity for buyers looking to invest and make their mark. With over 1,000 sq. ft. of adaptable space, it features a spacious open-plan reception/dining area and a galley kitchen equipped with modern appliances that overlooks a southeast-facing garden. The first floor offers three ample bedrooms along with a contemporary family bathroom, ideal for family living. Located on a tranquil residential street with no onward chain, this property also includes a garage at the rear and significant potential for extensions to both the loft and rear (subject to planning permissions), making it an attractive proposition for families seeking more space or investors looking to add value. The neighborhood is complemented by access to highly rated schools and local amenities including nearby tennis courts, enhancing its appeal as both a family home or rental investment.

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Investment analysis

(CR4 area)

Below Market Value

This property is priced -4.4% below area average per sq ft

-4.4%
Potential saving
This Property
£473/sq ft
Area Average
£495/sq ft
Avg Rent (weekly)
£416
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£575,499
10% above area average per sq ft
Potential ROI
+6.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (CR4)

Area prices are stable by -1.8% over the last 12 months
3 year growth: +2.0%
5 year growth: +1.6%
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 Way, Mitcham CR4
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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%)
15/06/2026
Current price
£525,000Initial listing
21/05/2026

Next Steps

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