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Sherwood Park Road, Mitcham CR4

South East

£499,950

Listed on 07/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
850 sqft

Description

This three-bedroom property on a desirable road in Mitcham presents a compelling opportunity for renovation and investment. The home features a generously sized reception area that connects seamlessly to the fitted kitchen, which provides direct access to the south-facing garden—an ideal space for outdoor activities or potential landscaping enhancements. With three well-proportioned bedrooms and a family bathroom upstairs, the layout accommodates comfortable living while also offering scope for personalisation and modernisation. The property's standout feature is its attractive garden, which enjoys ample sunlight throughout the day, making it perfect for future extensions or developmental projects (subject to planning permission). Located in a vibrant community with easy access to essential amenities, transport links, schools, and green spaces, this home is equally suited for families, first-time buyers, or astute investors looking to maximise value through thoughtful renovations.

Investment Analysis

(CR4 area)

Above Market Value

This property is priced +18.6% above area average per sq ft

+18.6%
This Property
£588/sq ft
Area Average
£496/sq ft
Avg Rent (weekly)
£435
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£463,573
10% above area average per sq ft
Potential ROI
-14.1%
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 -1.7% over the last 12 months
3 year growth: +2.6%
5 year growth: +2.5%
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

Sherwood Park Road, 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 £374,962 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

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