3 Bed Terraced House, Single Let, Mitcham, CR4 3DA, £475,000

Miles Road, Colliers Wood Borders, CR4 3DA - 7 months ago

BTL
~70 m²
+10 photos

ValuationOvervalued

Sold Prices£220K - £730K
Sold Prices/m²£4.4K/m² - £8K/m²

 

 

Square Metres

~70.30 m²
Price/m²£6.8K/m²

Value Estimate

£397,750

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£36,200

Total Cash In

£154,950

 

 

Cash Out

 

Rent Range

£1,500 - £4,800

Rent Estimate

£1,500

Running Costs/mo

£1,804

Cashflow/mo

£-304

Cashflow/yr

£-3,652

Gross Yield

4%

Local Sold Prices

50 sold prices from £220K to £730K, average is £460.5K. £4.4K/m² to £8K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£430K10/210.08 mi15, Frimley Gardens, Mitcham, Greater London CR4 3AQ3
£410K05/210.08 mi11, Frimley Gardens, Mitcham, Greater London CR4 3AQ3
£405K06/230.14 mi63, Belgrave Walk, Mitcham, Greater London CR4 3QQ3
£440K04/210.16 mi54, Glebe Avenue, Mitcham, Greater London CR4 3DY3
£410K04/210.16 mi31, Glebe Avenue, Mitcham, Greater London CR4 3DZ3
£375K03/210.16 mi49, Glebe Avenue, Mitcham, Greater London CR4 3DZ3
£438K02/210.16 mi27, Bank Avenue, Mitcham, Greater London CR4 3DW3
£452.5K01/210.17 mi48, Bank Avenue, Mitcham, Greater London CR4 3DU3
£411.1K11/210.17 mi22, Church Path, Mitcham, Greater London CR4 3BN3
£220K03/230.17 mi20, Church Path, Mitcham, Greater London CR4 3BN3
£465K03/210.19 mi10, Lewis Road, Mitcham, Greater London CR4 3DE3
£431.8K03/210.19 mi10a, Lewis Road, Mitcham, Greater London CR4 3DE3
£416K03/210.2 mi35, Sycamore Gardens, Mitcham, Greater London CR4 3QP3
£420K06/210.21 mi9, Russell Road, Mitcham, Greater London CR4 3AP3
£400K11/200.22 mi18, Taffys How, Mitcham, Greater London CR4 3AX3
£500K03/230.24 mi37, Ashtree Avenue, Mitcham, Greater London CR4 3DS3
£575.3K02/230.25 mi16, Oakwood Avenue, Mitcham, Greater London CR4 3DP3
£267K08/210.27 miFlat 69, Glebe Court, London Road, Mitcham, Greater London CR4 3NF3
£457.5K11/200.28 mi12, Queen Annes Gardens, Mitcham, Greater London CR4 3AN3
£510K01/230.36 mi6, Heyford Road, Mitcham, Greater London CR4 3EU3
£539K01/210.37 mi60, Haslemere Avenue, Mitcham, Greater London CR4 3BA3
£550K11/220.38 mi39, Mount Road, Mitcham, Greater London CR4 3EZ3
£530K07/230.43 mi12, Baron Grove, Mitcham, Greater London CR4 4EH3
£405K12/200.44 mi21, Whitford Gardens, Mitcham, Greater London CR4 4AB3
£540K12/220.44 mi8, Tyrrell Square, Mitcham, Greater London CR4 3SD3
£515K07/210.45 mi22, Homefield Gardens, Mitcham, Greater London CR4 3BY3
£575K11/230.45 mi33, Sheldrick Close, London, Greater London SW19 2UG3
£515K10/220.46 mi46, Cricket Green, Mitcham, Greater London CR4 4LA3
£436K08/230.47 mi16, Lavender Grove, Mitcham, Greater London CR4 3HU3
£474.3K11/210.47 mi17, Albert Road, Mitcham, Greater London CR4 4AL3
£525K04/230.48 mi63, Hogarth Crescent, London, Greater London SW19 2DN3
£375K05/210.48 mi3, Morden Gardens, Mitcham, Greater London CR4 4DH3
£495K05/230.48 mi26, Morden Gardens, Mitcham, Greater London CR4 4DH3
£438.3K11/200.48 mi15, Morden Gardens, Mitcham, Greater London CR4 4DH3
£475K05/230.48 mi33, Morden Gardens, Mitcham, Greater London CR4 4DH3
£425K05/210.48 mi15, Lavender Grove, Mitcham, Greater London CR4 3HW3
£463.5K09/210.48 mi23, Lavender Grove, Mitcham, Greater London CR4 3HW3
£510K03/210.49 mi18, Hogarth Crescent, London, Greater London SW19 2DW3
£580K08/210.49 mi20, Dreadnought Close, London, Greater London SW19 2TA3
£730K07/230.5 mi225, Phipps Bridge Road, London, Greater London SW19 2SS3
£365K06/210.5 mi34, Heatherdene Close, Mitcham, Greater London CR4 4EW3
£480K04/230.5 mi27, Heatherdene Close, Mitcham, Greater London CR4 4EW3
£485K03/210.5 mi22, Oakmead Place, Mitcham, Greater London CR4 3RU3
£410K11/200.52 mi11, Crescent Grove, Mitcham, Greater London CR4 4BL3
£650K12/220.54 mi2, Commonside West, Mitcham, Greater London CR4 4HA3
£350K03/230.55 mi92, Rawnsley Avenue, Mitcham, Greater London CR4 4BX3
£450K06/210.56 mi21, Commonside East, Mitcham, Greater London CR4 2QA3
£560K12/200.56 mi3, Palestine Grove, London, Greater London SW19 2QN3
£470K08/230.57 mi23, Brookfields Avenue, Mitcham, Greater London CR4 4BP3
£540K06/210.57 mi42, Bond Road, Mitcham, Greater London CR4 3HE3

Local Rents

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

RentDateDistanceAddressBeds 
£1,95005/240.01 miMiles Road, Mitcham, Surrey, CR43
£2,40003/240.07 miRodney Road, MITCHAM3
£2,40003/240.07 miRodney Road, Mitcham, Surrey, CR43
£2,45002/250.1 mi-3
£2,65004/250.14 mi-3
£2,35012/240.17 mi-3
£1,60003/250.17 mi-3
£1,60004/250.17 mi-3
£2,50003/250.19 mi-3
£2,00005/240.19 miLewis Road, Tooting3
£2,20003/250.2 mi-3
£2,20004/250.2 mi-3
£2,20004/250.2 mi-3
£2,20004/250.2 mi-3
£2,20004/250.2 mi-3
£2,20004/250.2 mi-3
£2,40003/240.24 mi-3
£1,80005/240.25 miOakwood Avenue, Colliers Wood Borders3
£1,97503/240.26 miOakwood Avenue, MITCHAM3
£2,50012/240.26 mi-3
£2,50012/240.26 mi-3
£2,50012/240.26 mi-3
£2,50012/240.26 mi-3
£2,50012/240.26 mi-3
£1,50012/240.26 mi-3
£2,50012/240.28 mi-3
£2,40012/240.28 mi-3
£2,40003/240.28 miQueen Annes Gardens, Mitcham, CR43
£2,40003/240.28 miQueen Annes Gardens, Mitcham, Surrey, CR43
£2,70004/250.29 mi-3
£2,40012/240.31 miBroadway Gardens, Mitcham, Merton, CR43
£4,80003/240.32 miLondon Road, Mitcham, Surrey, CR43
£1,80005/240.32 mi-3
£1,80005/240.32 mi-3
£4,50002/240.32 mi-3
£4,50005/240.32 mi-3
£2,50012/240.33 miSaxonbury Close, MITCHAM3
£1,90012/240.34 mi-3
£2,30004/250.37 mi-3
£2,35004/240.39 miCricket Green, MITCHAM3
£1,85005/240.39 miPhipps Bridge Road, Mitcham, CR43
£2,00003/240.41 miCricket Green, Mitcham, Surrey, CR43
£2,30009/240.43 miNew Close, Colliers Wood, London, SW193
£2,40005/240.44 miLangdale Avenue, Mitcham, Surrey, CR43
£2,00003/240.45 miLavendar Avenue, Mitcham, CR43
£2,00010/240.48 mi-3
£2,40004/240.52 miMontrose Gardens, Mitcham, CR43
£2,40004/240.56 miLavender Avenue, Mitcham, CR43
£2,40005/240.56 mi-3
£2,19505/240.56 miCommonside East, MITCHAMN/A
£2,35002/250.58 mi-3

Local Area Statistics

Population in CR4

58,286

Town centre distance

0.86 miles away

Nearest school

0.20 miles away

Nearest train station

0.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £475,000

September 13, 2024

Floor Plans

Description

  • 3 Bedrooms +
  • Contemporary Kitchen/Diner +
  • Stylish & Modern Bathroom +
  • Bright Living Room +
  • Private Rear Garden +
  • Upstairs WC & Sink +
  • Outstanding Schools A Stone's Throw Away +
  • Loft Conversion Potential (STPP) +
  • Beautifully Presented Throughout +
  • Walking Distance To Colliers Wood Tube, Tram & Multiple Bus Routes +

This mid-terrace, 3-bedroom house has been renovated to am elegant and modern condition, perfect for a new owner to simply move straight in. The front door leads you into the high ceiling and bright living room. The contemporary kitchen has integrated appliances, under cabinet lighting and plenty of space for a dining area. The minimalist and stylish bathroom has under floor heating and an ideal nook for storage. Out to the garden, we find a decked entertaining area before stepping down to paving with one side of planting. Upstairs the generous landing initially leads to the second double bedroom. The 3rd bedroom is next with an invaluable upstairs WC & sink before one reaches the expansive principle bedroom. The loft is crying out for conversion and has plenty of scope to do so (STPP)! A wonderful family home, lovingly maintained and presented beautifully. The EPC rating is in band 'D'

Agent Details

eddisonwhite, Merton - Sales & Lettings

03301 654813

Next Steps?

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