4 Bed Semi-Detached House, Motivated Seller, London, SW16 6PN, £975,000

Mitcham Lane, London, SW16 6PN - 12 views - 4 months ago

Motivated
BTL
~129 m²
+15 photos

ValuationOvervalued

Sold Prices£350K - £1.2M
Sold Prices/m²£4K/m² - £10.6K/m²

 

 

Square Metres

~129.26 m²
Price/m²£7.5K/m²

Value Estimate

£865,670

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£243,750

Stamp Duty & Legal Fees

£69,200

Total Cash In

£312,950

 

 

Cash Out

 

Rent Range

£1,900 - £7,500

Rent Estimate

£2,100

Running Costs/mo

£3,487

Cashflow/mo

£-1,387

Cashflow/yr

£-16,642

Gross Yield

3%

Local Sold Prices

50 sold prices from £350K to £1.2M, average is £862.5K. £4K/m² to £10.6K/m², average is £6.7K/m².

PriceDateDistanceAddressBeds 
£845K01/230.07 mi28, Corsehill Street, London, Greater London SW16 6NF4
£725K03/210.07 mi39, Corsehill Street, London, Greater London SW16 6NE4
£875K05/230.08 mi55, Dahomey Road, London, Greater London SW16 6NB4
£920K03/230.09 mi6, Moyser Road, London, Greater London SW16 6RG4
£1.1M11/210.12 mi67, Pretoria Road, London, Greater London SW16 6RL4
£940K08/210.12 mi39, Moyser Road, London, Greater London SW16 6RW4
£800K05/210.15 mi7, Cunliffe Street, London, Greater London SW16 6DS4
£940K09/210.15 mi95, Pendle Road, London, Greater London SW16 6RX4
£715K04/230.16 mi74, Greyswood Street, London, Greater London SW16 6QN4
£850K03/230.16 mi39, Greyswood Street, London, Greater London SW16 6QW4
£865K03/210.16 mi53, Greyswood Street, London, Greater London SW16 6QW4
£970K04/230.16 mi50, Penwortham Road, London, Greater London SW16 6RE4
£1.0M12/200.17 mi10, Penwortham Road, London, Greater London SW16 6RE4
£780K11/210.18 mi44, Edencourt Road, London, Greater London SW16 6QP4
£820K03/210.19 mi53, Edencourt Road, London, Greater London SW16 6QR4
£980K05/210.21 mi114, Ribblesdale Road, London, Greater London SW16 6SR4
£1.2M05/210.21 mi51, Pendle Road, London, Greater London SW16 6RT4
£1.1M08/230.21 mi15, Pendle Road, London, Greater London SW16 6RT4
£575K02/210.21 mi29, Besley Street, London, Greater London SW16 6BH4
£1.0M01/210.24 mi117, Nimrod Road, London, Greater London SW16 6TH4
£908K05/210.26 mi73, Ribblesdale Road, London, Greater London SW16 6SF4
£930K01/210.26 mi57, Ribblesdale Road, London, Greater London SW16 6SF4
£715K03/210.26 mi22, Rustic Avenue, London, Greater London SW16 6PD4
£860K03/240.27 mi198, Seely Road, London, Greater London SW17 9RD4
£350K01/210.32 mi33, Longstone Road, London, Greater London SW17 9BN4
£1.1M06/210.33 mi35, Gracedale Road, London, Greater London SW16 6SW4
£755K05/230.35 mi20, Carnforth Road, London, Greater London SW16 5AB4
£618K09/210.35 mi16, Carnforth Road, London, Greater London SW16 5AB4
£575K11/200.36 mi20, Broadview Road, London, Greater London SW16 5AU4
£730K01/210.37 mi215, Links Road, London, Greater London SW17 9EP4
£581.4K03/210.4 mi32, Donnybrook Road, London, Greater London SW16 5AZ4
£905K10/220.4 mi48, Birchwood Road, London, Greater London SW17 9BH4
£1.2M04/230.41 mi9, Brookview Road, London, Greater London SW16 6UA4
£630K11/200.41 mi69, Caithness Road, Mitcham, Greater London CR4 2EY4
£935K07/230.41 mi12, Abbotsleigh Road, London, Greater London SW16 1SP4
£992K06/210.43 mi70, Lewin Road, London, Greater London SW16 6JT4
£825K08/230.43 mi155, Seely Road, London, Greater London SW17 9QX4
£1.2M06/210.43 mi188, Crowborough Road, London, Greater London SW17 9QF4
£640K09/230.44 mi17, Hailsham Road, London, Greater London SW17 9EN4
£580K03/210.45 mi73, Streatham Vale, London, Greater London SW16 5SF4
£735K01/210.47 mi4, Gunton Road, London, Greater London SW17 9EL4
£815K03/210.47 mi67, Natal Road, Streatham, London, Greater London SW16 6JA4
£1.1M10/200.47 mi6, Ramsdale Road, London, Greater London SW17 9BP4
£1.1M02/210.47 mi11, Ramsdale Road, London, Greater London SW17 9BP4
£750K02/210.48 mi136, Ashbourne Road, Mitcham, Greater London CR4 2BB4
£561K10/200.48 mi66, Melrose Avenue, Mitcham, Greater London CR4 2EG4
£905K03/210.52 mi106, Crowborough Road, London, Greater London SW17 9QG4
£988K11/200.52 mi98, Crowborough Road, London, Greater London SW17 9QG4
£700K08/230.52 mi9, Granton Road, London, Greater London SW16 5AN4
£870K01/210.54 mi9, Eastbourne Road, London, Greater London SW17 9EG4

Local Rents

52 rents from £1.9K/mo to £7.5K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£3,50009/240.03 miMitcham Lane4
£3,50009/240.03 miMitcham Lane, London4
£2,40009/240.06 miMitcham Lane, Streatham, SW163
£3,20009/240.08 miCredenhill Street, Streatham4
£3,30009/240.11 miCorsehill Street, Streatham4
£2,50002/250.13 mi-4
£6,90002/240.14 mi-6
£7,50002/240.14 mi-6
£6,80009/240.14 mi-6
£2,10010/240.14 mi-3
£2,55009/240.15 mi-4
£2,55009/240.15 mi-4
£2,50001/250.16 mi-3
£2,50001/250.16 mi-3
£2,25004/250.16 mi-3
£2,90009/240.18 miWelham Road, London, SW164
£1,90009/240.18 miMitcham Lane, Streatham, SW163
£3,00010/240.21 mi-3
£2,40010/240.23 mi-3
£2,50009/240.24 miSeely Road Tooting SW174
£2,80009/240.27 miRibblesdale Road, LONDON3
£3,10009/240.28 miSouthcroft Road (LC407), Tooting, SW164
£2,80012/240.28 mi-3
£2,25002/250.29 mi-3
£2,60004/250.29 mi-3
£2,75011/240.29 mi-3
£2,80002/250.33 mi-4
£2,90001/250.33 mi-4
£2,80001/250.33 mi-4
£2,80012/240.33 mi-4
£2,80012/240.33 mi-4
£2,90012/240.33 mi-4
£3,20009/240.34 mi-3
£3,50009/240.35 mi-5
£2,40009/240.35 mi-3
£2,40009/240.36 miCanmore Gardens, London, SW163
£2,20009/240.38 miCanmore Gardens3
£3,00009/240.39 miJersey Road London SW174
£3,15010/240.4 mi-4
£2,50011/240.4 mi-4
£2,40012/240.4 mi-4
£2,40001/250.4 mi-4
£2,40001/250.4 mi-4
£2,35001/250.4 mi-4
£2,40002/250.4 mi-4
£2,40002/250.4 mi-4
£2,40002/250.4 mi-4
£2,40002/250.4 mi-4
£2,40002/250.4 mi-4
£2,40002/250.4 mi-4
£2,10009/240.41 miBeclands Road London SW173
£2,40002/250.41 mi-5

Local Area Statistics

Population in SW16

81,543

Population in London

4,771,921

Town centre distance

7.55 miles away

Nearest school

0.10 miles away

Nearest train station

0.40 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £975,000

December 14, 2024

Floor Plans

Description

  • Semi Detached Family Home +
  • Four Double Bedrooms +
  • 2419 sq ft of living space +
  • Three Reception Rooms +
  • Garage +
  • Turn of the century +
  • Furzedown +
  • Awaiting EPC +

Situated on the sought-after Mitcham Lane in the popular Furzedown area, this impressive 2419 sq ft semi-detached home offers four spacious double bedrooms, including one with a private balcony to the front elevation. With three well-proportioned reception rooms, the property provides ample living and entertaining space, complemented by a usable loft room for additional versatility.

The home also benefits from a rear garage and a convenient location close to excellent schools, green spaces, and transport links. With a motivated seller, this property presents a fantastic opportunity for buyers looking to secure a family home in a desirable South London setting.

Agent Details

Neighbour Estate Agent, London

020 3872 3473

Next Steps?

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