2 Bed Terraced House, Cash/Bridging Only, Mitcham, CR4 4FD, £399,950





ValuationOvervalued
Sold Prices | £285K - £490K |
Sold Prices/m² | £4.1K/m² - £7.8K/m² |
| |
Square Metres | ~57.20 m² |
Price/m² | £7K/m² |
Value Estimate | £344,724£344,724 |
| |
End Value (After Refurb) | £382,500£382,500 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £99,988£99,988 |
Stamp Duty & Legal Fees | £20,696£20,696 |
Refurb Costs | £30,269£30,269 |
Bridging Loan Interest | £10,499£10,499 |
Total Cash In | £163,201£163,201 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £382,500£382,500 |
Mortgage (After Refinance) | £286,875£286,875 |
Mortgage LTV | 75%75% |
Cash Left In | £163,201£163,201 |
Equity | £95,625£95,625 |
Rent Range | £1,200 - £2,400£1,200 - £2,400 |
Rent Estimate | £1,713 |
Running Costs/mo | £1,558£1,558 |
Cashflow/mo | £155£155 |
Cashflow/yr | £1,861£1,861 |
ROI | 1%1% |
Gross Yield | 5%5% |
Local Sold Prices
50 sold prices from £285K to £490K, average is £382K. £4.1K/m² to £7.8K/m², average is £6.1K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£285K | 12/22 | 0.05 mi | 58, Reynolds Close, Carshalton, Greater London SM5 2AY | £6,027 | 47 | 2 | Semi-Detached House | |
£420K | 12/22 | 0.07 mi | 63, Mullards Close, Hackbridge, Mitcham, Greater London CR4 4FD | £7,778 | 54 | 2 | Terraced House | |
£397.5K | 09/21 | 0.11 mi | 13, Eindhoven Close, Carshalton, Greater London SM5 2FD | £6,767 | 59 | 2 | Terraced House | |
£427.5K | 04/23 | 0.16 mi | 14, Spencer Road, Mitcham Junction, Mitcham, Greater London CR4 4JP | £5,800 | 74 | 2 | Terraced House | |
£325K | 05/21 | 0.17 mi | 195, Buckhurst Avenue, Carshalton, Greater London SM5 1PD | £4,114 | 79 | 2 | Semi-Detached House | |
£345K | 02/21 | 0.17 mi | 199, Buckhurst Avenue, Carshalton, Greater London SM5 1PD | £5,149 | 67 | 2 | Terraced House | |
£382.5K | 12/21 | 0.17 mi | 103, Buckhurst Avenue, Carshalton, Greater London SM5 1NZ | - | - | 2 | Terraced House | |
£430K | 05/23 | 0.17 mi | 67, Buckhurst Avenue, Carshalton, Greater London SM5 1NZ | - | - | 2 | Terraced House | |
£349.9K | 03/21 | 0.19 mi | 126, Buckhurst Avenue, Carshalton, Greater London SM5 1PF | £6,139 | 57 | 2 | Terraced House | |
£400K | 06/23 | 0.19 mi | 86, Buckhurst Avenue, Carshalton, Greater London SM5 1PF | - | - | 2 | Terraced House | |
£357.5K | 10/20 | 0.22 mi | 68, Shap Crescent, Carshalton, Greater London SM5 1LU | £5,500 | 65 | 2 | Terraced House | |
£427.7K | 03/23 | 0.24 mi | 6, Seymour Road, Mitcham, Greater London CR4 4JX | - | - | 2 | Terraced House | |
£380K | 05/23 | 0.24 mi | 2b, Percy Road, Mitcham, Greater London CR4 4JU | - | - | 2 | Semi-Detached House | |
£365K | 01/21 | 0.24 mi | 38, Percy Road, Mitcham, Greater London CR4 4JU | £5,069 | 72 | 2 | Terraced House | |
£371K | 01/23 | 0.24 mi | 33, Percy Road, Mitcham, Greater London CR4 4JW | - | - | 2 | Terraced House | |
£430K | 08/23 | 0.25 mi | 13, The Green, Wallington, Greater London SM6 7AU | £5,393 | 80 | 2 | Terraced House | |
£460K | 03/21 | 0.26 mi | 75, Culvers Avenue, Carshalton, Greater London SM5 2BH | £5,823 | 79 | 2 | Semi-Detached House | |
£345K | 04/21 | 0.29 mi | 7, Clover Way, Wallington, Greater London SM6 7HB | £5,847 | 59 | 2 | Terraced House | |
£370K | 11/21 | 0.33 mi | 10, Clover Way, Wallington, Greater London SM6 7HP | £7,115 | 52 | 2 | Terraced House | |
£335K | 08/21 | 0.33 mi | 337, Peterborough Road, Carshalton, Greater London SM5 1DF | £5,317 | 63 | 2 | Terraced House | |
£400K | 06/21 | 0.36 mi | 74, Arlington Drive, Carshalton, Greater London SM5 2EX | £6,981 | 57 | 2 | Terraced House | |
£395K | 06/21 | 0.36 mi | 14, Arlington Drive, Carshalton, Greater London SM5 2EX | £6,294 | 63 | 2 | Terraced House | |
£411K | 12/22 | 0.38 mi | 6, Bluebell Close, Wallington, Greater London SM6 7HL | £6,850 | 60 | 2 | Terraced House | |
£402.5K | 06/21 | 0.38 mi | 133, Arlington Drive, Carshalton, Greater London SM5 2EU | £6,492 | 62 | 2 | Terraced House | |
£368K | 03/21 | 0.39 mi | 6, Bluebell Close, Wallington, Greater London SM6 7HL | £6,133 | 60 | 2 | Terraced House | |
£285K | 09/21 | 0.39 mi | 250, Welbeck Road, Carshalton, Greater London SM5 1LW | £6,628 | 43 | 2 | Terraced House | |
£340K | 06/23 | 0.39 mi | 244, Welbeck Road, Carshalton, Greater London SM5 1LW | - | - | 2 | Terraced House | |
£381.5K | 09/21 | 0.41 mi | 190, Green Wrythe Lane, Carshalton, Greater London SM5 2SR | £6,470 | 59 | 2 | Terraced House | |
£410K | 07/21 | 0.41 mi | 196, Green Wrythe Lane, Carshalton, Greater London SM5 2SR | £5,739 | 71 | 2 | Terraced House | |
£360K | 03/21 | 0.43 mi | 61, St Albans Grove, Carshalton, Greater London SM5 1ND | £6,207 | 58 | 2 | Terraced House | |
£410K | 06/23 | 0.48 mi | 37, Winchcombe Road, Carshalton, Greater London SM5 1RR | £6,228 | 66 | 2 | Terraced House | |
£400K | 03/23 | 0.48 mi | 85, Winchcombe Road, Carshalton, Greater London SM5 1RR | £6,780 | 59 | 2 | Semi-Detached House | |
£471K | 12/22 | 0.5 mi | 45, Wandle Road, Wallington, Greater London SM6 7ET | £7,246 | 65 | 2 | Terraced House | |
£372K | 03/21 | 0.5 mi | 43, Wandle Road, Wallington, Greater London SM6 7ET | £5,471 | 68 | 2 | Terraced House | |
£337K | 03/21 | 0.51 mi | 152, Winchcombe Road, Carshalton, Greater London SM5 1RN | £5,185 | 65 | 2 | Terraced House | |
£370K | 08/21 | 0.52 mi | 80, Bakers Gardens, Carshalton, Greater London SM5 2SF | - | - | 2 | Semi-Detached House | |
£352K | 04/21 | 0.52 mi | 30, Bakers Gardens, Carshalton, Greater London SM5 2SF | £6,733 | 52 | 2 | Terraced House | |
£383.5K | 12/22 | 0.52 mi | 77, Bakers Gardens, Carshalton, Greater London SM5 2SF | - | - | 2 | Terraced House | |
£371K | 06/21 | 0.53 mi | 63, Selby Road, Carshalton, Greater London SM5 1LE | £6,397 | 58 | 2 | Terraced House | |
£476K | 01/23 | 0.53 mi | 12, Park Road, Hackbridge, Wallington, Greater London SM6 7ER | £6,025 | 79 | 2 | Terraced House | |
£415K | 09/21 | 0.54 mi | 2, Park Road, Hackbridge, Wallington, Greater London SM6 7ER | £4,716 | 88 | 2 | Terraced House | |
£375K | 06/23 | 0.54 mi | 75, Wigmore Road, Carshalton, Greater London SM5 1RG | £5,260 | 71 | 2 | Terraced House | |
£450K | 05/23 | 0.54 mi | 105, Wigmore Road, Carshalton, Greater London SM5 1RG | £6,955 | 65 | 2 | Terraced House | |
£390K | 06/21 | 0.55 mi | 61, Wandle Road, Wallington, Greater London SM6 7EQ | £5,200 | 75 | 2 | Semi-Detached House | |
£360K | 06/21 | 0.56 mi | 2, Welhouse Road, Carshalton, Greater London SM5 1RS | £5,902 | 61 | 2 | Terraced House | |
£400K | 02/23 | 0.57 mi | 206, London Road, Wallington, Greater London SM6 7EA | - | - | 2 | Terraced House | |
£490K | 05/23 | 0.58 mi | 72, Green Wrythe Lane, Carshalton, Greater London SM5 2DP | £6,364 | 77 | 2 | Detached House | |
£360.5K | 01/23 | 0.59 mi | 26, Strawberry Lane, Carshalton, Greater London SM5 2NQ | - | - | 2 | Semi-Detached House | |
£355K | 06/21 | 0.59 mi | 51, Sherborne Crescent, Carshalton, Greater London SM5 1JU | £5,221 | 68 | 2 | Semi-Detached House | |
£392K | 07/23 | 0.59 mi | 8, Sibton Road, Carshalton, Greater London SM5 1LA | - | - | 2 | Terraced House |
Local Rents
40 rents from £1.2K/mo to £2.4K/mo, average is £1.8K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£1,750 | 03/24 | 0.01 mi | Mullards Close, Mitcham | 2 | Terraced House | |
£1,399 | 03/24 | 0.01 mi | Mullards Close, Hackbridge, Surrey, CR4 | 2 | Flat | |
£1,475 | 08/24 | 0.04 mi | Reynolds Close, CARSHALTON | 2 | Flat | |
£1,400 | 03/24 | 0.05 mi | Mullards Close, Mitcham, CR4 | 2 | Flat | |
£1,400 | 01/25 | 0.07 mi | - | 2 | Flat | |
£1,650 | 09/24 | 0.14 mi | Otter Drive Carshalton SM5 | 2 | Flat | |
£1,950 | 02/25 | 0.2 mi | - | 2 | Terraced House | |
£1,500 | 03/24 | 0.24 mi | Close to Watercress Park | 2 | Flat | |
£1,200 | 01/25 | 0.26 mi | - | 2 | Flat | |
£1,600 | 03/24 | 0.27 mi | Wolseley Road, Mitcham, CR4 | 2 | Detached House | |
£1,600 | 02/24 | 0.27 mi | - | 2 | Semi-Detached House | |
£1,800 | 04/25 | 0.29 mi | - | 2 | Flat | |
£1,850 | 09/24 | 0.31 mi | - | 2 | Flat | |
£2,400 | 02/25 | 0.32 mi | - | 2 | Terraced House | |
£1,750 | 12/24 | 0.33 mi | - | 2 | Flat | |
£2,000 | 11/24 | 0.33 mi | - | 2 | Flat | |
£1,650 | 09/24 | 0.33 mi | Saxon House, 170 London Road, WALLINGTON | 2 | Flat | |
£1,750 | 09/24 | 0.33 mi | London Road, Wallington, SM6 | 2 | Flat | |
£1,699 | 02/24 | 0.33 mi | London Road, Wallington, Surrey. SM6 | 2 | Flat | |
£1,850 | 08/24 | 0.33 mi | - | 2 | Semi-Detached House | |
£1,850 | 08/24 | 0.33 mi | Clover Way, Wallington, SM6 | 2 | Detached House | |
£1,400 | 11/24 | 0.33 mi | - | 2 | Flat | |
£1,600 | 03/24 | 0.35 mi | - | 2 | Terraced House | |
£1,600 | 03/24 | 0.35 mi | Oakdale Way, Mitcham, CR4 | 2 | Flat | |
£1,800 | 09/24 | 0.38 mi | Foxglove Way, Wallington, SM6 | 2 | Terraced House | |
£1,850 | 01/25 | 0.38 mi | - | 2 | Flat | |
£1,700 | 09/24 | 0.38 mi | London Road Wallington SM6 | 2 | Flat | |
£1,600 | 09/24 | 0.39 mi | Rossignol Gardens, Carshalton, SM5 | 2 | Flat | |
£1,694 | 04/25 | 0.41 mi | - | 2 | Flat | |
£1,600 | 08/24 | 0.44 mi | - | 2 | Flat | |
£2,097 | 09/24 | 0.45 mi | Crypton House, Thimle Crescent, London, SM6 | 2 | Flat | |
£1,950 | 12/24 | 0.45 mi | - | 2 | Flat | |
£2,000 | 11/24 | 0.45 mi | - | 2 | Flat | |
£1,999 | 03/25 | 0.5 mi | - | 2 | Flat | |
£1,600 | 09/24 | 0.51 mi | Winchcombe Road, Carshalton, SM5 | 2 | Terraced House | |
£1,800 | 03/25 | 0.58 mi | - | 2 | Flat | |
£1,800 | 02/24 | 0.58 mi | - | 2 | Flat | |
£1,800 | 12/24 | 0.58 mi | - | 2 | Flat | |
£1,800 | 03/25 | 0.58 mi | - | 2 | Flat | |
£1,750 | 11/24 | 0.58 mi | - | 2 | Flat |
Local Area Statistics
Population in CR4 | 58,28658,286 |
Town centre distance | 1.36 miles away1.36 miles away |
Nearest school | 0.20 miles away0.20 miles away |
Nearest train station | 0.44 miles away0.44 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +4%+4% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +18%+18% |
Property History
Listed for £399,950
October 8, 2024
Floor Plans

Description
- Offered with No Chain +
- A Modern Terrace House +
- Entrance Hall +
- Cloakroom +
- Living Room +
- Kitchen +
- Two Double Bedrooms +
- Barthroom +
- Garden +
- Off Street Parking +
AN ATTRACTIVE TWO BEDROOM MODERN TERRACE HOUSE IN A POPULAR ROAD
Kenyons are pleased to offer for sale this modern two bedroom house which forms part of a popular development. The property is in good decorative order throughout and benefits from gas central heating via radiators and double glazed windows. The property is conveniently located within walking distance of the local shops and is well served with good transport facilities with various bus routes and Hackbridge mainline train station providing access to central London and the surrounding towns. Offered for sale with NO CHAIN - Viewing recommended.
* ENTRANCE HALL * CLOAKROOM * LIVING ROOM *
* FITTED KITCHEN * TWO DOUBLE BEDROOMS * BATHROOM *
* FRONT & REAR GARDENS * PARKING SPACE *
* GAS CENTRAL HEATING * DOUBLE GLAZED WINDOWS *
* CONVENIENT LOCATION * OFFERED FOR SALE WITH NO CHAIN *
ACCOMMODATION:
ENTRANCE HALL:
CLOAKROOM: Low flush w.c, wash hand basin with tile splashback, radiator obscure double glazed window.
LIVING ROOM:13'0 x 12'7.
Understairs storage cupboard, radiator, double glazed sliding patio door to rear garden.
KITCHEN: 11'8 x 5'9. Range of fitted base and eye level units, work surfaces with tiled splashbacks, sink unit, built-in oven with separate hob and extractor above, space for washing machine, space for upright fridge/freezer, wall mounted gas fired boiler, double glazed window to front.
FROM ENTRANCE HALL STAIRS TO FIRST FLOOR LANDING: Access to loft.
BEDROOM ONE: 12'7 x 9'2. Double glazed windows with front aspect, built in wardrobes, dressing table, radiator.
BEDROOM TWO: 12'7 x 8'10 (max). Double glazed window with rear aspect, built in wardrobes and dressing table, radiator.
BATHROOM: 6'5 x 6'1. Comprising of a white suite with panel enclosed bath with mixer tap and hand shower, tiled splashback, pedestal wash hand basin, low flush W.C., part tiled walls, extractor fan.
OUTSIDE:
REAR GARDEN: Approximately 40ft - With area of paved patio, shrubs, timber garden shed.
FRONT GARDEN: Flowerbeds, shrubs, parking space.
TENURE: FREEHOLD
NOTICE TO PURCHASERS: Kenyons Estate Agents and their staff have not carried out any tests to any items mentioned within these details, which include services such as heating, electrical system, appliance or any fixture and fittings. We would advise purchasers to satisfy themselves as to their condition. Furthermore, please note that a Laser Tape measuring device has been used to establish the room dimensions which should not be relied upon when ordering carpets.
Established 1984 - Celebrating 40 Years of successfully selling and letting properties in the local area
MAKING AN OFFER:
If you would like to make an offer for this property - ALL OFFERS MUST BE SUBMITTED IN WRITING
Please submit your offer via email - If you have any queries, please contact us on
With your offer we will need the following details/information from you.
-
Contact Details - Your Name, Address, Phone Number and Email Address
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Proof of ID - Either copy of - Passport or Photo Driving Licence
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The amount you are offering for the property
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Details of your position - (are you a first time buyer, do you have a property to sell - if you have your own property under offer we will need the details of the estate agent you are selling through)
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Details of how you will be financing the purchase. (Are you a cash buyer or if you need a mortgage). Who you will be getting a mortgage from - the amount you will need to borrowing and how much deposit you will be putting into the property.
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Proof of funding to include a copy of a mortgage agreement & proof of deposit amount. If you are a cash buyer we will need to see copies of statements or a letter from your solicitors confirming you have cash funds available.
Once we have the above information, we can then submit your offer to the vendor for consideration.
Kenyons - Established 1984
Celebrating 40 Years of successfully selling and letting properties in the local area.
NOTICE TO PURCHASERS: Kenyons Estate Agents and their staff have not carried out any tests to any items mentioned within these details, which include services such as heating, electrical system, appliance or any fixture and fittings. We would advise purchasers to satisfy themselves as to their condition. Furthermore, please note that a Laser Tape measuring device has been used to establish the room dimensions which should not be relied upon when ordering carpets.