2 Bed Terraced House, Single Let, Mitcham, CR4 2JQ, £425,000

Feltham Road, MITCHAM, Surrey, CR4 2JQ - 3 months ago

BTL
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£320K - £640K
Sold Prices/m²£4K/m² - £11.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£6.2K/m²

Value Estimate

£444,613
BMV5%

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

£900 - £2,500

Rent Estimate

£1,319

Running Costs/mo

£1,612

Cashflow/mo

£-293

Cashflow/yr

£-3,515

Gross Yield

4%

Local Sold Prices

51 sold prices from £320K to £640K, average is £438K. £4K/m² to £11.9K/m², average is £6.5K/m².

PriceDateDistanceAddressBeds 
£470K01/230.14 mi8, Proctor Close, Mitcham, Greater London CR4 2GX2
£370.5K05/230.22 mi24, Hilary Avenue, Mitcham, Greater London CR4 2LA2
£369K10/200.28 mi47, Commonside East, Mitcham, Greater London CR4 2QA2
£415K09/210.28 mi49, Commonside East, Mitcham, Greater London CR4 2QA2
£392K01/210.29 mi11, Acacia Road, Mitcham, Greater London CR4 1SF2
£435K02/210.31 mi75, Commonside East, Mitcham, Greater London CR4 2QB2
£350K03/230.41 mi39, Steers Mead, Mitcham, Greater London CR4 3JX2
£396K01/230.41 mi50, Firs Close, Mitcham, Greater London CR4 1AY2
£465K07/230.47 mi7, Cedars Avenue, Mitcham, Greater London CR4 1HN2
£412K06/210.48 mi5, Bordergate, Mitcham, Greater London CR4 3JE2
£405K03/210.53 mi55, Oakmead Place, Mitcham, Greater London CR4 3RU2
£385K05/210.54 mi172, Lowry Crescent, Mitcham, Greater London CR4 3QW2
£490K10/220.54 mi24, Edmund Road, Mitcham, Greater London CR4 3AR2
£435K06/210.55 mi50, Edmund Road, Mitcham, Greater London CR4 3AR2
£475K09/220.58 mi3, Elmhurst Avenue, Mitcham, Greater London CR4 2HP2
£385K03/210.58 mi231, Tamworth Lane, Mitcham, Greater London CR4 1DH2
£400K10/210.59 mi31, Morland Close, Mitcham, Greater London CR4 3JT2
£440K01/210.6 mi37, Dalton Avenue, Mitcham, Greater London CR4 3DT2
£550K06/230.67 mi37a, Thirsk Road, Mitcham, Greater London CR4 2BL2
£447K12/220.7 mi45a, Park Avenue, Mitcham, Greater London CR4 2ER2
£427K10/210.73 mi92a, Meopham Road, Mitcham, Greater London CR4 1BJ2
£450K09/210.73 mi7, Meopham Road, Mitcham, Greater London CR4 1BH2
£385K02/210.74 mi80, Lilian Road, London, Greater London SW16 5JT2
£425K01/210.74 mi16, Myrna Close, London, Greater London SW19 2HW2
£506K04/230.75 mi103, Myrna Close, London, Greater London SW19 2HN2
£487K06/210.75 mi129, Myrna Close, London, Greater London SW19 2HN2
£475K10/230.75 mi1, Reynolds Close, London, Greater London SW19 2QJ2
£498K10/230.75 mi15, Courtney Road, London, Greater London SW19 2EE2
£430K12/220.76 mi30, Church Path, Mitcham, Greater London CR4 3BN2
£535K06/230.77 mi4d, Courtney Road, London, Greater London SW19 2ED2
£520K11/230.77 mi4a, Courtney Road, London, Greater London SW19 2ED2
£505K05/240.77 mi4c, Courtney Road, London, Greater London SW19 2ED2
£438K06/210.77 mi4d, Courtney Road, London, Greater London SW19 2ED2
£370K01/210.77 mi63, Denham Crescent, Mitcham, Greater London CR4 4LZ2
£495K02/230.79 mi207, Western Road, London, Greater London SW19 2QD2
£340K10/210.8 mi8, Roslyn Close, Mitcham, Greater London CR4 3BB2
£320K02/230.8 mi37, Goodwin Close, Mitcham, Greater London CR4 3HZ2
£362.5K01/210.8 mi79, Hogarth Crescent, London, Greater London SW19 2DN2
£456.9K06/210.8 mi33, Leonard Road, London, Greater London SW16 5SY2
£496.5K12/200.81 mi44, Lilian Road, London, Greater London SW16 5HN2
£640K04/210.81 mi82, Clarendon Road, London, Greater London SW19 2DY2
£410K01/230.83 mi42, Clarendon Road, London, Greater London SW19 2DU2
£435K11/200.83 mi5, Tomblin Mews, London, Greater London SW16 5FR2
£407.5K10/200.84 mi325, Commonside East, Mitcham, Greater London CR4 1HE2
£525K03/230.85 mi73, Marian Road, London, Greater London SW16 5HR2
£467K07/230.85 mi26, Marian Road, London, Greater London SW16 5HR2
£467K07/230.85 mi26, Marian Road, London, Greater London SW16 5HR2
£470K12/200.86 mi26, Palestine Grove, London, Greater London SW19 2QN2
£443K02/210.86 mi34, Palestine Grove, London, Greater London SW19 2QN2
£412.5K05/210.86 mi30, Palestine Grove, London, Greater London SW19 2QN2
£492.5K08/230.88 mi27, Greyhound Terrace, London, Greater London SW16 5SX2

Local Rents

50 rents from £900/mo to £2.5K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,80003/250.11 mi-2
£1,75003/240.14 miProctor Close, Mitcham, CR42
£1,65003/240.14 mi-2
£1,65003/250.14 mi-2
£1,70003/240.26 miEveline Road Mitcham CR42
£1,70004/240.26 miEveline Road Mitcham CR42
£1,70004/240.27 miEveline Road, Mitcham2
£1,85003/250.29 mi-2
£1,60003/240.3 miSummerhill Way, MITCHAM2
£1,65003/240.3 miSummerhill Way Mitcham CR42
£1,95004/240.31 mi159 Commonside East Mitcham CR42
£2,00005/240.31 mi159 Commonside East Mitcham CR42
£1,95005/240.31 mi159 Commonside East Mitcham CR42
£2,00005/240.31 mi159 Commonside East Mitcham CR42
£2,00005/240.31 mi159 Commonside East Mitcham CR42
£1,95004/240.32 miAcacia Road, Mitcham, CR42
£1,45003/240.32 miPearson Way -Mitcham - 2 bedroom - Balcony2
£1,45005/240.32 mi2 bedroom apartment - Slade Way - Mitcham - CR4 2GB2
£1,75004/240.34 mi-2
£1,65003/240.35 miSlade Way, Mitcham, CR42
£1,45004/240.35 miPearson Way -Mitcham - 2 bedroom - Balcony2
£1,70002/240.36 mi-2
£1,70003/240.39 mi-2
£2,00005/240.41 miJupiter House, Mitcham, CR42
£2,00005/240.41 mi-2
£1,35002/240.41 mi-2
£1,70003/240.42 miVerona House, Mitcham, CR42
£1,70004/240.42 mi-2
£1,80001/250.42 mi-2
£1,79712/240.43 mi-2
£1,79712/240.43 mi-2
£1,30003/240.43 miKingsleigh Place, Mitcham, Surrey, CR42
£1,80004/240.44 miKingsleigh Place, Mitcham, Surrey, CR42
£90012/240.49 mi-2
£1,85005/240.5 miLavender Avenue, Mitcham2
£1,60004/240.51 miImperial Gardens, Mitcham, Surrey, CR42
£1,70005/240.51 mi-2
£1,70004/240.51 miAusten Court, Mitcham, CR42
£1,65004/240.51 miAusten Court, Brickfield Road, Mitcham, CR42
£1,60003/240.53 miLowry Crescent, Colliers Wood Borders2
£1,78503/250.53 mi-2
£1,62503/250.55 mi-2
£2,00003/240.55 miPentlands Close, London, CR42
£2,00003/240.55 mi-2
£2,50004/250.56 mi-2
£1,60005/240.57 mi-2
£1,75002/250.57 mi-2
£1,60004/240.57 miTiptaft House, Mitcham, CR42
£1,60005/240.57 miTiptaft House, Mitcham, CR42
£1,90005/240.58 mi-2

Local Area Statistics

Population in CR4

58,286

Town centre distance

0.60 miles away

Nearest school

0.10 miles away

Nearest train station

0.24 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

January 23, 2025

Floor Plans

Description

  • TERRACE FREEHOLD HOUSE +
  • OFF STREET PARKING +
  • SOUTHERLY ASPECT GARDEN +
  • TWO DOUBLE BEDROOMS +
  • FAMILY BATHROOM +
  • OPENPLAN FAMILY LOUNGE ROOM +
  • KITCHEN DINER +
  • EPC RATING D +
  • COUNCIL TAX BAND C +

We would like to invite you to come and visit this Freehold Terrace house in Eastfield’s Mitcham. The property provides open family lounge room, kitchen diner, two double bedrooms and family bathroom. A southerly aspect rear garden and off street parking to the front of the house.

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 💪