4 Bed Semi-Detached House, Single Let, Mitcham, CR4 4BR, £600,000

Riverside Drive, Mitcham, CR4 4BR - 2 views - 5 months ago

BTL
~129 m²
+6 photos

ValuationUndervalued

Sold Prices£350K - £860K
Sold Prices/m²£4.2K/m² - £9.6K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.6K/m²

Value Estimate

£652,161

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£150,000

Stamp Duty & Legal Fees

£40,700

Total Cash In

£190,700

 

 

Cash Out

 

Rent Range

£1,500 - £5,800

Rent Estimate

£1,544

Running Costs/mo

£2,204

Cashflow/mo

£-660

Cashflow/yr

£-7,918

Gross Yield

3%

Local Sold Prices

35 sold prices from £350K to £860K, average is £525K. £4.2K/m² to £9.6K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£860K06/210.22 mi8, Baron Grove, Mitcham, Greater London CR4 4EH4
£860K06/210.23 mi8, Baron Grove, Mitcham, Greater London CR4 4EH4
£755K03/230.24 mi31, Baron Grove, Mitcham, Greater London CR4 4EH4
£510K09/220.26 mi25, Denham Crescent, Mitcham, Greater London CR4 4LZ4
£622K06/210.32 mi37, Pollard Road, Morden, Greater London SM4 6EG4
£545K12/200.33 mi39, Caesars Walk, Mitcham, Greater London CR4 4LF4
£532.5K10/220.36 mi11, Caesars Walk, Mitcham, Greater London CR4 4LF4
£640K11/200.41 mi19, Milner Road, Morden, Greater London SM4 6EN4
£530K12/200.46 mi23, Edward Avenue, Morden, Greater London SM4 6EP4
£478K08/220.51 mi20c, Love Lane, Mitcham, Greater London CR4 3AG4
£650K06/210.56 mi44, The Drive, Morden, Greater London SM4 6DJ4
£605K09/210.59 mi5, Lessness Road, Morden, Greater London SM4 6HP4
£612K06/210.59 mi28, Leonard Avenue, Morden, Greater London SM4 6DW4
£605K08/210.6 mi27, Albert Road, Mitcham, Greater London CR4 4AL4
£490K06/210.6 mi59, Albert Road, Mitcham, Greater London CR4 4AL4
£480K05/210.64 mi41, Miles Road, Mitcham, Greater London CR4 3DA4
£468K09/210.65 mi6, Stoneleigh Road, Carshalton, Greater London SM5 1LB4
£450K04/210.67 mi12, Rose Avenue, Morden, Greater London SM4 6DE4
£495K10/200.7 mi3, Cotton Close, Mitcham, Greater London CR4 3GR4
£350K03/210.7 mi15, Saxonbury Close, Mitcham, Greater London CR4 3QL4
£549K12/220.74 mi139, St Helier Avenue, Morden, Greater London SM4 6JE4
£515K06/220.74 mi1, Leominster Walk, Morden, Greater London SM4 6HB4
£532.5K01/210.79 mi48, Glebe Avenue, Mitcham, Greater London CR4 3DY4
£545K12/200.81 mi29, Hallowell Close, Mitcham, Greater London CR4 2QD4
£510K06/210.81 mi21, Hallowell Close, Mitcham, Greater London CR4 2QD4
£525K05/210.86 mi189, Commonside East, Mitcham, Greater London CR4 1HB4
£520K12/200.91 mi4, Combermere Road, Morden, Greater London SM4 6RD4
£510K06/230.92 mi21, Pentlands Close, Mitcham, Greater London CR4 1HW4
£555K11/220.94 mi8, Kings Road, Mitcham, Greater London CR4 1SN4
£650K06/210.95 mi4, Willows Avenue, Morden, Greater London SM4 5SG4
£510K11/210.96 mi45, Lansdell Road, Mitcham, Greater London CR4 2JF4
£445K02/210.96 mi15, York Street, Mitcham, Greater London CR4 4JZ4
£495K03/210.97 mi20, Faversham Road, Morden, Greater London SM4 6RE4
£513K06/210.97 mi20, Mount Road, Mitcham, Greater London CR4 3EY4
£510K03/210.99 mi4, Percy Road, Mitcham, Greater London CR4 4JU4

Local Rents

34 rents from £1.5K/mo to £5.8K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,45005/240.02 miRiverside Drive, Mitcham3
£5,80001/250.05 mi-6
£5,80001/250.05 mi-6
£1,50010/230.08 miRiverside Drive, Mitcham, CR43
£2,35002/250.18 mi-3
£2,10005/240.27 miCaesars Walk, Mitcham3
£1,85002/240.29 mi-3
£3,00008/240.31 mi-4
£2,40012/240.36 miBroadway Gardens, Mitcham, Merton, CR43
£2,87503/250.38 mi-4
£4,80003/240.4 miLondon Road, Mitcham, Surrey, CR43
£4,50002/240.41 mi-3
£4,50005/240.41 mi-3
£2,00003/240.42 miCricket Green, Mitcham, Surrey, CR43
£2,85008/240.42 miWandle Road, Morden4
£3,50008/240.46 mi-5
£2,10004/250.46 mi-3
£2,27501/250.47 mi-3
£2,27502/250.47 mi-3
£2,35004/240.49 miCricket Green, MITCHAM3
£2,45002/250.55 mi-3
£2,80012/240.56 mi-4
£2,40003/240.57 miQueen Annes Gardens, Mitcham, CR43
£3,30004/250.58 mi-3
£3,30004/250.58 mi-3
£2,40003/240.58 miQueen Annes Gardens, Mitcham, Surrey, CR43
£2,45004/240.59 miGale Close, Mitcham4
£2,53004/250.61 mi-3
£2,50012/240.62 mi-3
£2,50012/240.62 mi-3
£2,50012/240.62 mi-3
£2,50012/240.62 mi-3
£2,50012/240.62 mi-3
£1,50012/240.62 mi-3

Local Area Statistics

Population in CR4

58,286

Town centre distance

0.73 miles away

Nearest school

0.30 miles away

Nearest train station

0.13 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Price changed to £600,000

February 28, 2025

Price changed to £625,000

February 12, 2025

Listed for £650,000

December 13, 2024

Sold for £95,000

1999

Floor Plans

Description

  • Four Bedroom House +
  • Two Reception Rooms +
  • Separate Kitchen +
  • Separate utility Room +
  • Garage has been converted into Bedroom/Living Room +
  • Wood decked Garden +
  • Own Drive +
  • Freehold +
  • EPC D +
  • Council Tax D +

Andrews Property Group are delighted to offer this four bedroom family home. The accommodation on the ground floor comprises front reception and a dining room with leads onto the garden further benefits a separate kitchen and a utility room with access from the garden. The garage has been converted into a living room / bedroom and could be converted back to the garage should you desire. The first floor accommodation comprises three bedrooms and bathroom and from the landing stairs leading to the loft room providing good space and natural light. Situated with 0.2 Miles of Mitcham Tram Stop, 0.5 Miles of Mitcham junction Train Station and 0.2 Miles of the green open spaces of Ravensbury Park this property is great for investors or a growing family ready to put their stamp on a forever family home.

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 💪