5 Bed Semi-Detached House, Single Let, Mitcham, CR4 1DG, £775,000

Tamworth Lane, Mitcham, CR4 1DG - 3 views - 3 months ago

BTL
~178 m²
+24 photos

ValuationUndervalued

Sold Prices£210.2K - £1.3M
Sold Prices/m²£3.9K/m² - £9.9K/m²

 

 

Square Metres

~178.28 m²
Price/m²£4.3K/m²

Value Estimate

£937,549
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£193,750

Stamp Duty & Legal Fees

£50,700

Total Cash In

£244,450

 

 

Cash Out

 

Rent Range

£1,675 - £1,850,430

Rent Estimate

£2,000

Running Costs/mo

£2,842

Cashflow/mo

£-842

Cashflow/yr

£-10,102

Gross Yield

3%

Local Sold Prices

22 sold prices from £210.2K to £1.3M, average is £627.5K. £3.9K/m² to £9.9K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£630K02/230.48 mi84, Langdale Avenue, Mitcham, Greater London CR4 4AF5
£700K03/210.49 mi109, Edgehill Road, Mitcham, Greater London CR4 2HZ5
£570K03/230.53 mi121, Manor Road, Mitcham, Greater London CR4 1JD5
£680K12/200.56 mi2, St Olaves Walk, London, Greater London SW16 5QQ5
£605K03/210.57 mi41, Franklin Crescent, Mitcham, Greater London CR4 1ND5
£710K07/230.57 mi41, Franklin Crescent, Mitcham, Greater London CR4 1ND5
£290.7K12/220.57 mi37, Franklin Crescent, Mitcham, Greater London CR4 1ND5
£523.5K05/210.59 mi76, Sherwood Park Road, Mitcham, Greater London CR4 1NA5
£210.2K10/200.61 mi29, Robinhood Lane, Mitcham, Greater London CR4 1JL5
£725K06/230.61 mi123, Longthornton Road, London, Greater London SW16 5QF5
£498K05/210.64 mi58, Abbotts Road, Mitcham, Greater London CR4 1JU5
£625K08/220.69 mi5, Lavender Avenue, Mitcham, Greater London CR4 3HL5
£685K03/210.69 mi25, Manship Road, Mitcham, Greater London CR4 2AZ5
£580K09/210.7 mi85, Park Avenue, Mitcham, Greater London CR4 2ES5
£525K03/230.71 mi16, Laings Avenue, Mitcham, Greater London CR4 3EP5
£632K03/210.71 mi14, Melrose Avenue, Mitcham, Greater London CR4 2EG5
£599.5K05/230.81 mi85, Hassocks Road, London, Greater London SW16 5HA5
£740K03/210.88 mi260, Links Road, London, Greater London SW17 9ER5
£755K08/230.89 mi256, Streatham Road, London, Greater London SW16 6NY5
£1.3M06/220.92 mi165, Fallsbrook Road, London, Greater London SW16 6DY5
£625K10/200.94 mi36, Mitcham Park, Mitcham, Greater London CR4 4EJ5
£707.5K03/210.99 mi19, Pitcairn Road, Mitcham, Greater London CR4 3LN5

Local Rents

51 rents from £1.7K/mo to £1.9M/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,30003/250.1 mi-3
£2,20003/240.12 miAcacia Road, Mitcham, CR44
£2,00003/240.12 miAcacia Road, Mitcham, CR44
£2,00005/240.12 mi-4
£2,30003/240.13 miAventine Avenue, MITCHAM3
£2,25003/240.13 miGrove Road, Mitcham, CR43
£2,25003/240.13 mi-3
£2,25003/240.13 mi-3
£2,16004/240.16 miVenice House, Mitcham, CR43
£2,40003/240.17 miCrossways Road, Mitcham, Surrey, CR43
£2,10003/250.22 mi-4
£3,40004/240.24 miHallowell Close Mitcham CR44
£3,90005/240.24 miHallowell Close Mitcham CR45
£4,40005/240.24 miHallowell Close Mitcham CR46
£2,25003/240.24 miBrenley Close, Mitcham Common, CR43
£2,30012/240.25 mi-3
£2,30004/250.25 mi-3
£2,35003/240.25 miEastfields Road, Mitcham3
£3,50003/240.25 mi-4
£3,50004/240.25 mi-4
£3,50003/240.25 miLammas Avenue, Mitcham4
£3,50003/240.26 miLammas Avenue, Mitcham, Surrey, CR44
£3,50004/240.26 mi-3
£3,50004/240.26 mi-3
£3,50003/240.26 miLammas Avenue, MITCHAM4
£3,50003/240.26 miLAMMAS AVENUE, Mitcham, CR44
£2,40002/240.28 mi-3
£2,60005/240.32 mi159 Commonside East Mitcham CR43
£1,67503/240.35 miHilary Avenue, Mitcham3
£2,10005/240.35 miEdgehill Road, Mitcham3
£2,85004/240.35 miFernlea Road, Mitcham, CR43
£2,20004/240.36 miSt Marks Road, Mitcham, Surrey, CR43
£2,85003/240.36 miFernlea Road Mitcham CR43
£2,10003/240.36 miCommonside East, Mitcham, CR43
£2,59701/250.36 mi-4
£3,00002/250.39 mi-4
£2,19505/240.39 miCommonside East, MITCHAMN/A
£6,30003/240.39 miGrove Road5
£1,850,43010/230.4 miFernlea Road, Mitcham3
£2,85004/240.4 miBirch Walk, Mitcham, CR44
£2,85005/240.4 miBirch Walk, Mitcham, CR44
£2,85004/240.4 miBirch Walk, Mitcham, Surrey, CR45
£2,40004/240.42 miMontrose Gardens, Mitcham, CR43
£2,20003/240.42 miElmfield Avenue, Mitcham, CR43
£1,80004/240.43 miGraham Road, Mitcham3
£2,49502/250.43 mi-3
£2,10005/240.46 miGraham Avenue, Mitcham3
£1,77003/240.46 miArmfield Crescent, Mitcham, CR43
£3,70003/240.47 mi41a Streatham Road5
£3,60003/240.47 mi41a Streatham Road5
£2,47505/240.47 mi-3

Local Area Statistics

Population in CR4

58,286

Town centre distance

0.40 miles away

Nearest school

0.20 miles away

Nearest train station

0.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £775,000

January 17, 2025

Floor Plans

Description

  • Semi Detached +
  • Newly Refurbished +
  • Annexe +
  • Five Bedrooms +
  • Council Tax Band D +
  • EPC Rating C +

Goodfellows are pleased to present to the market this unique opportunity to own one of the largest plots on Tamworth Lane!

This property five bedroom semi-detached house offer ample living space throughout and is the ideal purchase for a large family. On the ground floor, the property has been extended to the rear an boasts open plan throughout making it a perfect space for hosting. On the first floor you are welcomed by a large bright landing, large two double bedrooms, a larger than average single room, a bathroom, an additional WC and stairs leading to the top floor where you offered an additional two bedrooms and a bathroom.

Heading outside, you are welcomed by the beautifully maintained garden which gives you access to the self contained annexe.

Further benefit of this property include easy access to Mitcham Town Centre, 5-minute walk to Mitcham Eastfields Train Station, off street parking for several cars and NO ONWARD CHAIN!

CALL NOW TO BOOK YOUR APPOINTMENT!

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;

GMI240218/2

Agent Details

Goodfellows, Mitcham

020 3892 9519

Next Steps?

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