3 Bed House, Planning Permission, Mitcham, CR4 3JG, £500,000

Hawkes Road, Mitcham, CR4 3JG - 3 views - 2 months ago

Sold STC
Planning
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£420K - £840K
Sold Prices/m²£4.9K/m² - £9.2K/m²

 

 

Square Metres

~93 m²
Price/m²£5.4K/m²

Value Estimate

£541,467
BMV3%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£30,700

Total Cash In

£155,700

 

 

Cash Out

 

Rent Range

£1,600 - £2,800

Rent Estimate

£1,863

Running Costs/mo

£1,955

Cashflow/mo

£-92

Cashflow/yr

£-1,105

Gross Yield

4%

Local Sold Prices

50 sold prices from £420K to £840K, average is £517K. £4.9K/m² to £9.2K/m², average is £5.8K/m².

PriceDateDistanceAddressBeds 
£505K05/230.01 mi56, Hawkes Road, Mitcham, Greater London CR4 3JG3
£537K06/230.01 mi8, Hawkes Road, Mitcham, Greater London CR4 3JG3
£420K10/200.1 mi37, Steers Mead, Mitcham, Greater London CR4 3JX3
£475K03/210.1 mi14, Veals Mead, Mitcham, Greater London CR4 3SB3
£540K03/210.11 mi139, Victoria Road, Mitcham, Greater London CR4 3JD3
£590K01/230.11 mi5, Veals Mead, Mitcham, Greater London CR4 3SB3
£425K12/200.14 mi98, Steers Mead, Mitcham, Greater London CR4 3JW3
£460K09/210.14 mi10, Wilkins Close, Mitcham, Greater London CR4 3SA3
£455K05/210.15 mi1, Biggin Avenue, Mitcham, Greater London CR4 3HN3
£490K02/210.15 mi27, Biggin Avenue, Mitcham, Greater London CR4 3HN3
£540K06/230.16 mi25, Island Road, Mitcham, Greater London CR4 3JH3
£570K05/210.17 mi6, Friday Road, Mitcham, Greater London CR4 3JQ3
£435K03/230.17 mi26, Friday Road, Mitcham, Greater London CR4 3JQ3
£565K02/230.18 mi105, Heathfield Drive, Mitcham, Greater London CR4 3RD3
£536.8K05/210.18 mi26, Alexandra Road, Mitcham, Greater London CR4 3LT3
£500K06/210.18 mi17, Alexandra Road, Mitcham, Greater London CR4 3LT3
£495K10/210.19 mi6, Kenmare Drive, Mitcham, Greater London CR4 3JP3
£510K05/210.2 mi4, Kenmare Drive, Mitcham, Greater London CR4 3JP3
£480K04/210.23 mi88, Lavender Avenue, Mitcham, Greater London CR4 3HH3
£495K07/230.24 mi60a, Crusoe Road, Mitcham, Greater London CR4 3LG3
£637K03/210.24 mi40, Crusoe Road, Mitcham, Greater London CR4 3LG3
£575K09/220.25 mi39, Fleming Mead, Mitcham, Greater London CR4 3LY3
£485K03/210.25 mi22, Oakmead Place, Mitcham, Greater London CR4 3RU3
£472.5K02/210.25 mi12, Fleming Mead, Mitcham, Greater London CR4 3LU3
£425K05/210.26 mi15, Lavender Grove, Mitcham, Greater London CR4 3HW3
£463.5K09/210.26 mi23, Lavender Grove, Mitcham, Greater London CR4 3HW3
£840K09/210.26 mi91, Courtney Road, London, Greater London SW19 2EE3
£436K08/230.26 mi16, Lavender Grove, Mitcham, Greater London CR4 3HU3
£467K03/210.26 mi38, Eveline Road, Mitcham, Greater London CR4 3LE3
£450K11/220.3 mi4, Lavender Avenue, Mitcham, Greater London CR4 3HH3
£540K12/220.31 mi8, Tyrrell Square, Mitcham, Greater London CR4 3SD3
£540K06/210.33 mi42, Bond Road, Mitcham, Greater London CR4 3HE3
£625K09/210.33 mi26, Carlingford Gardens, Mitcham, Greater London CR4 2AT3
£510K01/210.36 mi89, Framfield Road, Mitcham, Greater London CR4 2AW3
£510K01/230.37 mi6, Heyford Road, Mitcham, Greater London CR4 3EU3
£477.5K08/210.37 mi44, Gorringe Park Avenue, Mitcham, Greater London CR4 2DG3
£784K06/210.39 mi11, Finborough Road, London, Greater London SW17 9HY3
£655K03/210.4 mi22, Lyveden Road, London, Greater London SW17 9DU3
£750K11/230.4 mi5, Colwood Gardens, London, Greater London SW19 2DS3
£800K06/230.4 mi17, Colwood Gardens, London, Greater London SW19 2DS3
£735K03/240.41 mi2, Christchurch Close, London, Greater London SW19 2NZ3
£702K10/200.41 mi2, Christchurch Close, London, Greater London SW19 2NZ3
£747K11/200.41 mi3, Colwood Gardens, London, Greater London SW19 2DS3
£525K06/230.41 mi10, Manship Road, Mitcham, Greater London CR4 2AY3
£530K11/200.41 mi86, Gorringe Park Avenue, Mitcham, Greater London CR4 2DJ3
£559K02/210.41 mi96, Gorringe Park Avenue, Mitcham, Greater London CR4 2DJ3
£524K05/210.43 mi26, Framfield Road, Mitcham, Greater London CR4 2AL3
£500K03/230.43 mi20, Marsh Avenue, Mitcham, Greater London CR4 2JN3
£691K10/230.44 mi29, Birdhurst Road, London, Greater London SW19 2HZ3
£495K04/230.45 mi34, Graham Road, Mitcham, Greater London CR4 2HA3

Local Rents

51 rents from £1.6K/mo to £2.8K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,40003/240.08 miBordergate, Mitcham3
£2,40003/240.08 miBordergate, Mitcham3
£2,20004/240.14 miHeathfield Drive, Colliers Wood Borders3
£2,70005/240.16 miIsland Road London CR43
£2,20003/240.18 miAlexandra Road Mitcham CR43
£2,40004/240.19 miLavender Avenue, Mitcham, CR43
£2,40005/240.19 mi-3
£2,20004/240.23 miFleming Mead, Mitcham, Surrey, CR43
£2,20001/250.24 mi-3
£2,30003/250.24 mi-3
£2,70002/240.26 mi-3
£2,70002/240.26 mi-3
£2,30005/240.26 mi-3
£2,30012/240.26 miBrailsford Close, Mitcham3
£2,30003/240.27 miBrailsford Close, MITCHAM3
£2,00003/240.28 miLavendar Avenue, Mitcham, CR43
£2,50001/250.31 mi-3
£2,30002/240.32 mi-3
£2,30002/250.32 mi-3
£2,40003/250.33 mi-3
£2,70005/240.36 miManship Road3
£2,70005/240.36 miManship Road3
£2,70005/240.36 miManship Road, London, CR43
£2,70005/240.36 miManship Road, Mitcham, CR43
£2,50005/240.37 mi-3
£2,40003/240.37 miFramfield Road, Mitcham, CR43
£2,50004/240.37 miFramfield Road, Mitcham, CR43
£2,50004/240.37 miFramfield Road, Mitcham, CR43
£2,15009/240.38 mi-3
£1,90012/240.38 mi-3
£1,95002/250.38 mi-3
£2,70003/240.39 miSt. James Road Mitcham CR43
£2,70003/240.39 miSt. James Road, Mitcham, Surrey, CR4 2DF3
£2,70003/240.4 miSt. James Road, Tooting3
£2,30003/240.4 mi-3
£1,95009/240.4 miHarewood Road, Colliers Wood3
£2,80009/240.4 miLyveden Road, Colliers Wood, London, SW173
£2,40009/240.4 miColwood Gardens, Colliers Wood, London, SW193
£2,47505/240.41 mi-3
£2,10012/240.42 mi-3
£2,10012/240.42 mi-3
£2,00009/240.43 miCavendish Road, Colliers Wood, London, SW193
£1,60004/250.43 mi-3
£1,60003/250.43 mi-3
£2,25003/240.44 miHeaton Road, Mitcham, Surrey, CR43
£2,10005/240.44 miGraham Avenue, Mitcham3
£2,60012/240.44 mi-3
£2,40003/240.44 miGrenfell Road, Mitcham, CR43
£1,77003/240.45 miArmfield Crescent, Mitcham, CR43
£2,45009/240.45 mi-3
£2,40009/240.45 miColwood Gardens, Colliers Wood3

Local Area Statistics

Population in CR4

58,286

Town centre distance

1.10 miles away

Nearest school

0.30 miles away

Nearest train station

0.47 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Price changed to £500,000

February 24, 2025

Listed for £525,000

January 31, 2025

Floor Plans

Description

  • Three Bedroom House +
  • Beautifully Presented +
  • Rear Extended +
  • Newly Fitted Kitchen +
  • Downstairs W/C +
  • Recently Refurbished +
  • EPC Rating : TBC +
  • Merton Council Tax Band : C +

A beautifully presented and rear extended three bedroom family home located on a sought after road on the borders of Colliers Wood. This lovely property comprises of an open plan newly fitted kitchen/lounge/diner with bi-folding doors leading out to the private quiet garden, wood flooring, third bedroom and a downstairs W/C. Upstairs are two good sized double bedrooms and the family bathroom, a loft that could be converted to create a further bedroom and bathroom subject to the usual planning permissions. This property also (subject to planning) has the potential for off street parking making it very desirable indeed. A great residential road which is becoming very popular with both young families and commuters due to the great living space offered and its close proximity to both Colliers Wood Underground and Tooting Thames Link Station.

Agent Details

Ellisons, Colliers Wood

020 3889 9039

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪