3 Bed Terraced House, Planning Permission, Mitcham, CR4 4DH, £525,000

Morden Gardens, Morden, CR4 4DH - 3 views - 3 months ago

Sold STC
Planning
~93 m²
+6 photos

ValuationOvervalued

Sold Prices£220K - £725K
Sold Prices/m²£4.1K/m² - £8.9K/m²

 

 

Square Metres

~93 m²
Price/m²£5.6K/m²

Value Estimate

£505,759

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£131,250

Stamp Duty & Legal Fees

£30,700

Total Cash In

£161,950

 

 

Cash Out

 

Rent Range

£1,500 - £4,800

Rent Estimate

£1,575

Running Costs/mo

£1,976

Cashflow/mo

£-401

Cashflow/yr

£-4,807

Gross Yield

4%

Local Sold Prices

50 sold prices from £220K to £725K, average is £446.6K. £4.1K/m² to £8.9K/m², average is £5.5K/m².

PriceDateDistanceAddressBeds 
£375K05/210.01 mi3, Morden Gardens, Mitcham, Greater London CR4 4DH3
£495K05/230.01 mi26, Morden Gardens, Mitcham, Greater London CR4 4DH3
£438.3K11/200.01 mi15, Morden Gardens, Mitcham, Greater London CR4 4DH3
£475K05/230.01 mi33, Morden Gardens, Mitcham, Greater London CR4 4DH3
£365K06/210.06 mi34, Heatherdene Close, Mitcham, Greater London CR4 4EW3
£480K04/230.06 mi27, Heatherdene Close, Mitcham, Greater London CR4 4EW3
£350K03/230.08 mi92, Rawnsley Avenue, Mitcham, Greater London CR4 4BX3
£410K11/200.13 mi11, Crescent Grove, Mitcham, Greater London CR4 4BL3
£387K04/210.22 mi471, London Road, Mitcham, Greater London CR4 4BB3
£572.5K11/200.22 mi481, London Road, Mitcham, Greater London CR4 4BB3
£470K08/230.25 mi23, Brookfields Avenue, Mitcham, Greater London CR4 4BP3
£220K03/230.3 mi20, Church Path, Mitcham, Greater London CR4 3BN3
£411.1K11/210.3 mi22, Church Path, Mitcham, Greater London CR4 3BN3
£430K05/210.3 mi64, Riverside Drive, Mitcham, Greater London CR4 4BU3
£530K07/230.32 mi12, Baron Grove, Mitcham, Greater London CR4 4EH3
£725K09/210.34 mi16, Seddon Road, Morden, Greater London SM4 6EE3
£655K01/230.34 mi139, Wandle Road, Morden, Greater London SM4 6AA3
£420K06/210.34 mi75, Brookfields Avenue, Mitcham, Greater London CR4 4BQ3
£725K09/210.35 mi16, Seddon Road, Morden, Greater London SM4 6EE3
£424K06/210.35 mi49, Riverside Drive, Mitcham, Greater London CR4 4BR3
£555K02/230.37 mi82, The Drive, Morden, Greater London SM4 6DP3
£540K06/210.38 mi10, Arras Avenue, Morden, Greater London SM4 6DF3
£497.5K05/230.38 mi104, Brookfields Avenue, Mitcham, Greater London CR4 4BT3
£320K11/200.38 mi94, Brookfields Avenue, Mitcham, Greater London CR4 4BT3
£555K12/200.39 mi16, Leonard Avenue, Morden, Greater London SM4 6DW3
£510K11/200.39 mi17, Leonard Avenue, Morden, Greater London SM4 6DW3
£600K11/220.39 mi25, Leonard Avenue, Morden, Greater London SM4 6DW3
£368K01/230.43 mi184, Bishopsford Road, Morden, Greater London SM4 6DA3
£550K12/200.44 mi1a, Ravensbury Avenue, Morden, Greater London SM4 6ET3
£405K06/230.45 mi63, Belgrave Walk, Mitcham, Greater London CR4 3QQ3
£480K09/210.45 mi1, Florence Avenue, Morden, Greater London SM4 6EX3
£540K04/210.45 mi33, Florence Avenue, Morden, Greater London SM4 6EX3
£515K10/220.46 mi46, Cricket Green, Mitcham, Greater London CR4 4LA3
£430K10/210.46 mi15, Frimley Gardens, Mitcham, Greater London CR4 3AQ3
£410K05/210.46 mi11, Frimley Gardens, Mitcham, Greater London CR4 3AQ3
£450K01/210.49 mi12, Denham Crescent, Mitcham, Greater London CR4 4LY3
£550K02/230.49 mi35, Denham Crescent, Mitcham, Greater London CR4 4LZ3
£470K04/210.49 mi10, Denham Crescent, Mitcham, Greater London CR4 4LY3
£465K05/210.49 mi37, Denham Crescent, Mitcham, Greater London CR4 4LZ3
£405.5K11/210.51 mi103, Bishopsford Road, Morden, Greater London SM4 6BQ3
£420K06/210.51 mi9, Russell Road, Mitcham, Greater London CR4 3AP3
£325K03/210.51 mi103, Peterborough Road, Carshalton, Greater London SM5 1EE3
£485K04/210.52 mi30, Central Road, Morden, Greater London SM4 5RT3
£398K09/230.54 mi80, Peterborough Road, Carshalton, Greater London SM5 1EQ3
£392K09/210.55 mi138, St Helier Avenue, Morden, Greater London SM4 6LB3
£428K06/210.55 mi171, St Helier Avenue, Morden, Greater London SM4 6JE3
£400K11/200.55 mi187, St Helier Avenue, Morden, Greater London SM4 6JE3
£375K12/200.55 mi6, Pipewell Road, Carshalton, Greater London SM5 1EY3
£443.1K12/210.56 mi19, Canterbury Road, Morden, Greater London SM4 6QW3
£605K04/230.57 mi33, Bayham Road, Morden, Greater London SM4 5JH3

Local Rents

52 rents from £1.5K/mo to £4.8K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£1,50010/230.24 miRiverside Drive, Mitcham, CR43
£2,27501/250.27 mi-3
£2,27502/250.27 mi-3
£1,90008/240.33 mi-3
£1,85002/240.33 mi-3
£2,45005/240.33 miRiverside Drive, Mitcham3
£2,53003/250.34 mi-3
£2,30003/250.35 mi-3
£2,40012/240.37 miBroadway Gardens, Mitcham, Merton, CR43
£2,70003/250.39 mi-3
£2,25008/240.41 miRavensbury Avenue, Morden, SM43
£2,25008/240.41 mi-3
£2,50012/240.41 miSaxonbury Close, MITCHAM3
£2,35002/250.42 mi-3
£4,80003/240.42 miLondon Road, Mitcham, Surrey, CR43
£4,50002/240.44 mi-3
£4,50005/240.44 mi-3
£2,20003/250.44 mi-3
£2,45002/250.45 mi-3
£1,95005/240.47 miMiles Road, Mitcham, Surrey, CR43
£1,80005/240.48 mi-3
£1,80005/240.48 mi-3
£2,50003/250.48 mi-3
£2,20003/250.49 mi-3
£2,20003/250.49 mi-3
£2,20003/250.49 mi-3
£2,00003/240.51 miCricket Green, Mitcham, Surrey, CR43
£2,40003/240.54 miRodney Road, MITCHAM3
£2,40003/240.54 miRodney Road, Mitcham, Surrey, CR43
£3,30003/250.55 mi-3
£3,30003/250.55 mi-3
£2,35004/240.56 miCricket Green, MITCHAM3
£2,40003/240.56 miQueen Annes Gardens, Mitcham, CR43
£2,10005/240.57 miCaesars Walk, Mitcham3
£2,40010/240.57 mi-3
£2,40003/240.58 miQueen Annes Gardens, Mitcham, Surrey, CR43
£1,90003/250.58 mi-3
£2,20009/240.59 mi-3
£1,60003/250.6 mi-3
£1,60004/250.6 mi-3
£2,50012/240.6 mi-3
£2,50012/240.6 mi-3
£2,50012/240.6 mi-3
£2,50012/240.6 mi-3
£2,50012/240.6 mi-3
£1,50012/240.6 mi-3
£2,35009/240.6 miCanterbury Road, Morden3
£2,20003/250.61 mi-3
£2,30003/250.61 mi-3
£2,35012/240.61 mi-3
£2,30009/240.61 miNew Close, Colliers Wood, London, SW193
£2,10008/240.61 miMontacute Road, MORDEN3

Local Area Statistics

Population in CR4

58,286

Town centre distance

0.95 miles away

Nearest school

0.30 miles away

Nearest train station

0.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £525,000

January 6, 2025

Sold for £365,000

2015

Sold for £217,000

2004

Floor Plans

Description

  • End of Terrace Family Home +
  • Three Bedrooms +
  • Well Presented Throughout +
  • Open Plan Living +
  • Off Street Parking +
  • Potential to Extend (STPP) +
  • Located in a Quiet Cul-de-Sac near Morden Town Centre +
  • Freehold +
  • EPC Rating - D +
  • Merton Council Tax Band - D +

A well presented three bedroom end of terrace family home with off-street parking and large 57ft garden, enviably located in a quiet cul-de-sac close to various transport links, on the doorstep of Morden Hall Park and the River Wandle. Boasting an open plan kitchen/reception downstairs with double doors opening out onto a sunny easterly garden. The first floor comprises two double bedrooms (both with fitted wardrobes), a third single bedroom and separate modern family bathroom. There is also further potential to extend, subject to planning permission. A short walk to Morden Town Centre and a 10 minute journey (via Tram) to Wimbledon. Viewings highly recommended.

Agent Details

Ellisons, Morden

020 3870 3951

Next Steps?

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