3 Bed Semi-Detached House, Single Let, Mitcham, CR4 4LN, £500,000

Walsingham Road, Mitcham, CR4 4LN - a year ago

BTL
ROI: 1%
~80 m²
+12 photos

ValuationOvervalued

Sold Prices£267K - £725K
Sold Prices/m²£4.1K/m² - £6.7K/m²

 

 

Square Metres

~80.10 m²
Price/m²£6.2K/m²

Value Estimate

£415,722

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£28,700

Total Cash In

£153,700

 

 

Cash Out

 

Rent Range

£1,500 - £4,800

Rent Estimate

£2,075

Running Costs/mo

£1,998

Cashflow/mo

£78

Cashflow/yr

£930

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £267K to £725K, average is £450K. £4.1K/m² to £6.7K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£480.5K09/210.02 mi2, Walsingham Road, Mitcham, Greater London CR4 4LN3
£431.5K12/200.02 mi12, Walsingham Road, Mitcham, Greater London CR4 4LN3
£455K06/210.04 mi6, Cecil Place, Mitcham, Greater London CR4 4LH3
£426.9K11/200.07 mi28, Hatton Gardens, Mitcham, Greater London CR4 4LG3
£555K08/220.17 mi3, Aspen Gardens, Mitcham, Greater London CR4 4HH3
£465K05/210.2 mi37, Denham Crescent, Mitcham, Greater London CR4 4LZ3
£550K02/230.2 mi35, Denham Crescent, Mitcham, Greater London CR4 4LZ3
£450K01/210.22 mi12, Denham Crescent, Mitcham, Greater London CR4 4LY3
£470K04/210.22 mi10, Denham Crescent, Mitcham, Greater London CR4 4LY3
£610K08/220.27 mi17, Madeira Road, Mitcham, Greater London CR4 4HD3
£497.5K05/230.28 mi104, Brookfields Avenue, Mitcham, Greater London CR4 4BT3
£320K11/200.28 mi94, Brookfields Avenue, Mitcham, Greater London CR4 4BT3
£420K06/210.32 mi75, Brookfields Avenue, Mitcham, Greater London CR4 4BQ3
£424K06/210.33 mi49, Riverside Drive, Mitcham, Greater London CR4 4BR3
£515K10/220.35 mi46, Cricket Green, Mitcham, Greater London CR4 4LA3
£430K05/210.39 mi64, Riverside Drive, Mitcham, Greater London CR4 4BU3
£380K06/210.4 mi41, Carshalton Road, Mitcham, Greater London CR4 4HJ3
£530K07/230.41 mi12, Baron Grove, Mitcham, Greater London CR4 4EH3
£470K08/230.42 mi23, Brookfields Avenue, Mitcham, Greater London CR4 4BP3
£387K04/210.48 mi471, London Road, Mitcham, Greater London CR4 4BB3
£572.5K11/200.48 mi481, London Road, Mitcham, Greater London CR4 4BB3
£650K12/220.51 mi2, Commonside West, Mitcham, Greater London CR4 4HA3
£405K12/200.51 mi21, Whitford Gardens, Mitcham, Greater London CR4 4AB3
£474.3K11/210.52 mi17, Albert Road, Mitcham, Greater London CR4 4AL3
£410K11/200.53 mi11, Crescent Grove, Mitcham, Greater London CR4 4BL3
£540K04/230.58 mi225, Commonside East, Mitcham, Greater London CR4 1HB3
£450K06/210.6 mi21, Commonside East, Mitcham, Greater London CR4 2QA3
£365K06/210.61 mi34, Heatherdene Close, Mitcham, Greater London CR4 4EW3
£480K04/230.61 mi27, Heatherdene Close, Mitcham, Greater London CR4 4EW3
£457.5K11/200.62 mi12, Queen Annes Gardens, Mitcham, Greater London CR4 3AN3
£350K03/230.63 mi92, Rawnsley Avenue, Mitcham, Greater London CR4 4BX3
£325K03/210.63 mi103, Peterborough Road, Carshalton, Greater London SM5 1EE3
£420K06/210.64 mi9, Russell Road, Mitcham, Greater London CR4 3AP3
£398K09/230.64 mi80, Peterborough Road, Carshalton, Greater London SM5 1EQ3
£395K04/230.65 mi114, Peterborough Road, Carshalton, Greater London SM5 1DZ3
£375K05/210.66 mi3, Morden Gardens, Mitcham, Greater London CR4 4DH3
£495K05/230.66 mi26, Morden Gardens, Mitcham, Greater London CR4 4DH3
£438.3K11/200.66 mi15, Morden Gardens, Mitcham, Greater London CR4 4DH3
£475K05/230.66 mi33, Morden Gardens, Mitcham, Greater London CR4 4DH3
£512K04/210.66 mi8, Cedars Avenue, Mitcham, Greater London CR4 1EA3
£375K12/200.67 mi6, Pipewell Road, Carshalton, Greater London SM5 1EY3
£450K08/210.67 mi74, Wolseley Road, Mitcham, Greater London CR4 4JQ3
£600K08/220.67 mi39, Tamworth Park, Mitcham, Greater London CR4 1HZ3
£267K08/210.67 miFlat 69, Glebe Court, London Road, Mitcham, Greater London CR4 3NF3
£555K05/210.67 mi52, Grove Road, Mitcham, Greater London CR4 1SA3
£350K12/200.68 mi46, St Georges Road, Mitcham, Greater London CR4 1EB3
£425K02/210.68 mi62, St Georges Road, Mitcham, Greater London CR4 1EB3
£450K02/210.68 mi28, St Georges Road, Mitcham, Greater London CR4 1EB3
£725K09/210.69 mi16, Seddon Road, Morden, Greater London SM4 6EE3
£425K04/210.69 mi27, Worthington Close, Mitcham, Greater London CR4 1JQ3

Local Rents

16 rents from £1.5K/mo to £4.8K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,10005/240.1 miCaesars Walk, Mitcham3
£2,35002/250.25 mi-3
£2,45005/240.36 miRiverside Drive, Mitcham3
£2,00003/240.42 miCricket Green, Mitcham, Surrey, CR43
£1,50010/230.45 miRiverside Drive, Mitcham, CR43
£2,35004/240.48 miCricket Green, MITCHAM3
£4,50002/240.49 mi-3
£4,50005/240.49 mi-3
£4,80003/240.49 miLondon Road, Mitcham, Surrey, CR43
£2,40012/240.49 miBroadway Gardens, Mitcham, Merton, CR43
£2,25003/240.57 miBrenley Close, Mitcham Common, CR43
£2,60005/240.58 mi159 Commonside East Mitcham CR43
£2,19505/240.6 miCommonside East, MITCHAMN/A
£2,40005/240.61 miLangdale Avenue, Mitcham, Surrey, CR43
£2,40003/240.61 miQueen Annes Gardens, Mitcham, CR43
£2,40003/240.62 miQueen Annes Gardens, Mitcham, Surrey, CR43

Local Area Statistics

Population in CR4

58,286

Town centre distance

0.43 miles away

Nearest school

0.20 miles away

Nearest train station

0.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £500,000

May 22, 2024

Sold for £480,000

2022

Sold for £332,500

2015

Floor Plans

Description

  • 3 Bedrooms +
  • Downstairs WC +
  • House +
  • End of Terrace +
  • Garden +
  • Good decoration +
  • Freehold +
  • Council Tax band D +

Andrews Property Group are delighted to welcome to market this well presented 3 bedroom end of terrace family home offering flexible living accommodation and located in a popular residential Cul de sac within 0.3 Miles of Mitcham Junction Station.
Accommodation briefly comprises a spacious entrance hall, downstairs WC, modern open plan living room/kitchen and dining area offering ample space to entertain with doors leading out to a level rear garden. Upstairs boasts a landing area with loft access, family bathroom and three well-proportioned bedrooms.
Call a member of the sales team today as high levels of interest expected.

Andrews Property Group are delighted to welcome to market this well presented 3 bedroom end of terrace family home offering flexible living accommodation and located in a popular residential Cul de sac within 0.3 Miles of Mitcham Junction Station.
Accommodation briefly comprises a entrance hall, downstairs WC, modern open plan living room/kitchen and dining area offering ample space to entertain with doors leading out to a level rear garden. Upstairs boasts a landing area with loft access, family bathroom and three well-proportioned bedrooms.
Call a member of the sales team today as high levels of interest expected.

Chain free 3 bed modern house on quiet residential road in Mitcham

Agent Details

Andrews Estate Agents, Mitcham

020 3856 3994

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪