3 Bed Terraced House, Single Let, Mitcham, CR4 4BT, £425,000

Brookfields Avenue, Mitcham, CR4 4BT - 2 views - 6 months ago

Sold STC
BTL
~93 m²
+13 photos

ValuationUndervalued

Sold Prices£220K - £725K
Sold Prices/m²£4.1K/m² - £6.7K/m²

 

 

Square Metres

~93 m²
Price/m²£4.6K/m²

Value Estimate

£487,026
BMV15%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Total Cash In

£128,950

 

 

Cash Out

 

Rent Range

£1,500 - £4,800

Rent Estimate

£1,500

Running Costs/mo

£1,648

Cashflow/mo

£-148

Cashflow/yr

£-1,777

Gross Yield

4%

Local Sold Prices

50 sold prices from £220K to £725K, average is £430.8K. £4.1K/m² to £6.7K/m², average is £5.4K/m².

PriceDateDistanceAddressBeds 
£420K06/210.02 mi75, Brookfields Avenue, Mitcham, Greater London CR4 4BQ3
£497.5K05/230.05 mi104, Brookfields Avenue, Mitcham, Greater London CR4 4BT3
£320K11/200.05 mi94, Brookfields Avenue, Mitcham, Greater London CR4 4BT3
£424K06/210.1 mi49, Riverside Drive, Mitcham, Greater London CR4 4BR3
£470K08/230.11 mi23, Brookfields Avenue, Mitcham, Greater London CR4 4BP3
£430K05/210.12 mi64, Riverside Drive, Mitcham, Greater London CR4 4BU3
£530K07/230.15 mi12, Baron Grove, Mitcham, Greater London CR4 4EH3
£550K02/230.16 mi35, Denham Crescent, Mitcham, Greater London CR4 4LZ3
£465K05/210.17 mi37, Denham Crescent, Mitcham, Greater London CR4 4LZ3
£450K01/210.17 mi12, Denham Crescent, Mitcham, Greater London CR4 4LY3
£470K04/210.18 mi10, Denham Crescent, Mitcham, Greater London CR4 4LY3
£387K04/210.18 mi471, London Road, Mitcham, Greater London CR4 4BB3
£572.5K11/200.18 mi481, London Road, Mitcham, Greater London CR4 4BB3
£410K11/200.22 mi11, Crescent Grove, Mitcham, Greater London CR4 4BL3
£515K10/220.23 mi46, Cricket Green, Mitcham, Greater London CR4 4LA3
£365K06/210.29 mi34, Heatherdene Close, Mitcham, Greater London CR4 4EW3
£480K04/230.29 mi27, Heatherdene Close, Mitcham, Greater London CR4 4EW3
£350K03/230.31 mi92, Rawnsley Avenue, Mitcham, Greater London CR4 4BX3
£480.5K09/210.32 mi2, Walsingham Road, Mitcham, Greater London CR4 4LN3
£431.5K12/200.32 mi12, Walsingham Road, Mitcham, Greater London CR4 4LN3
£426.9K11/200.32 mi28, Hatton Gardens, Mitcham, Greater London CR4 4LG3
£455K06/210.33 mi6, Cecil Place, Mitcham, Greater London CR4 4LH3
£375K05/210.34 mi3, Morden Gardens, Mitcham, Greater London CR4 4DH3
£495K05/230.34 mi26, Morden Gardens, Mitcham, Greater London CR4 4DH3
£438.3K11/200.34 mi15, Morden Gardens, Mitcham, Greater London CR4 4DH3
£475K05/230.34 mi33, Morden Gardens, Mitcham, Greater London CR4 4DH3
£610K08/220.38 mi17, Madeira Road, Mitcham, Greater London CR4 4HD3
£411.1K11/210.44 mi22, Church Path, Mitcham, Greater London CR4 3BN3
£220K03/230.44 mi20, Church Path, Mitcham, Greater London CR4 3BN3
£725K09/210.44 mi16, Seddon Road, Morden, Greater London SM4 6EE3
£725K09/210.45 mi16, Seddon Road, Morden, Greater London SM4 6EE3
£555K08/220.45 mi3, Aspen Gardens, Mitcham, Greater London CR4 4HH3
£405K12/200.46 mi21, Whitford Gardens, Mitcham, Greater London CR4 4AB3
£420K06/210.47 mi9, Russell Road, Mitcham, Greater London CR4 3AP3
£325K03/210.48 mi103, Peterborough Road, Carshalton, Greater London SM5 1EE3
£457.5K11/200.49 mi12, Queen Annes Gardens, Mitcham, Greater London CR4 3AN3
£474.3K11/210.5 mi17, Albert Road, Mitcham, Greater London CR4 4AL3
£398K09/230.5 mi80, Peterborough Road, Carshalton, Greater London SM5 1EQ3
£368K01/230.51 mi184, Bishopsford Road, Morden, Greater London SM4 6DA3
£430K10/210.51 mi15, Frimley Gardens, Mitcham, Greater London CR4 3AQ3
£410K05/210.51 mi11, Frimley Gardens, Mitcham, Greater London CR4 3AQ3
£650K12/220.53 mi2, Commonside West, Mitcham, Greater London CR4 4HA3
£375K12/200.53 mi6, Pipewell Road, Carshalton, Greater London SM5 1EY3
£267K08/210.54 miFlat 69, Glebe Court, London Road, Mitcham, Greater London CR4 3NF3
£405.5K11/210.57 mi103, Bishopsford Road, Morden, Greater London SM4 6BQ3
£400K11/200.58 mi18, Taffys How, Mitcham, Greater London CR4 3AX3
£555K02/230.61 mi82, The Drive, Morden, Greater London SM4 6DP3
£450K06/210.62 mi21, Commonside East, Mitcham, Greater London CR4 2QA3
£405K06/230.62 mi63, Belgrave Walk, Mitcham, Greater London CR4 3QQ3
£395K04/230.63 mi114, Peterborough Road, Carshalton, Greater London SM5 1DZ3

Local Rents

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

RentDateDistanceAddressBeds 
£2,35002/250.09 mi-3
£2,45005/240.11 miRiverside Drive, Mitcham3
£1,50010/230.15 miRiverside Drive, Mitcham, CR43
£2,10005/240.23 miCaesars Walk, Mitcham3
£2,40012/240.28 miBroadway Gardens, Mitcham, Merton, CR43
£4,80003/240.3 miLondon Road, Mitcham, Surrey, CR43
£4,50002/240.31 mi-3
£4,50005/240.31 mi-3
£2,00003/240.32 miCricket Green, Mitcham, Surrey, CR43
£1,85002/240.39 mi-3
£2,35004/240.39 miCricket Green, MITCHAM3
£2,40003/240.48 miQueen Annes Gardens, Mitcham, CR43
£2,45002/250.48 mi-3
£2,40003/240.49 miQueen Annes Gardens, Mitcham, Surrey, CR43
£2,50012/240.53 mi-3
£2,50012/240.53 mi-3
£2,50012/240.53 mi-3
£2,50012/240.53 mi-3
£2,50012/240.53 mi-3
£1,50012/240.53 mi-3
£2,27501/250.54 mi-3
£2,27502/250.54 mi-3
£2,40005/240.56 miLangdale Avenue, Mitcham, Surrey, CR43
£2,20003/250.56 mi-3
£1,95005/240.57 miMiles Road, Mitcham, Surrey, CR43
£1,60003/250.6 mi-3
£1,60004/250.6 mi-3
£2,19505/240.62 miCommonside East, MITCHAMN/A

Local Area Statistics

Population in CR4

58,286

Town centre distance

0.65 miles away

Nearest school

0.20 miles away

Nearest train station

0.09 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £425,000

October 8, 2024

Sold for £320,000

2020

Sold for £134,950

2001

Floor Plans

Description

  • Three Bedrooms +
  • End of Terrace +
  • Close to Local Amenities +
  • Transport Links into the City +
  • EPC Rating C +
  • Council Tax Band +

Offered to the market is this stunning three bedroom, modern throughout family home.

This property benefits from three generous bedrooms, a three piece bathroom suite, an open plan lounge/diner, a recently fitted modern kitchen, a private garden and a garage to the rear.

Brookfields Avenue is located within walking distance to Mitcham Tram Stop, and allows easy access to Mitcham Junction Station, leaving just a short 20 minute commute into the City. This location further benefits from a host of local amenities, green spaces and great schools.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum of six months, with the exception of short term accommodation. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
BUYERS INFORMATION

To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a nominal charge of £60 including VAT for this (for the transaction not per person), payable direct to Lifetime Legal. Please note, we are unable to issue a memorandum of sale until the checks are complete.

REFERRAL FEES

We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Goodfellows;

GMI230460/2

Agent Details

Goodfellows, Mitcham

020 3892 9519

Next Steps?

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