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Caithness Road, Mitcham CR4

South East

£575,000

Listed on 03/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
986 sqft

Description

This well-proportioned three-bedroom home presents a promising opportunity for renovation and investment on a sought-after residential street. The property features a spacious kitchen/dining area, a separate lounge with a bay window, and a generous private garden extending approximately 15 meters, offering potential for further development or extension (subject to planning permission). On the ground floor, the inviting central hallway leads to the bright lounge as well as the expansive kitchen/dining area that opens directly onto the rear garden, perfect for seamless indoor-outdoor living. Upstairs, you'll find three bedrooms including two good-sized doubles and a versatile third room suitable for various uses such as a child's bedroom or home office. While this property is functional as it stands, modernizing the interiors could significantly enhance its appeal and value, making it an excellent choice for families or investors looking to capitalize on its location near local amenities and transport links into central London.

Investment analysis

(CR4 area)

Above Market Value

This property is priced +17.9% above area average per sq ft

+17.9%
This Property
£583/sq ft
Area Average
£495/sq ft
Avg Rent (weekly)
£416
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£536,335
10% above area average per sq ft
Potential ROI
-11.3%
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

Caithness 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
£2,172
Based on a loan of £431,250 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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