4 Bed Terraced House, Single Let, Mitcham, CR4 1GX, £600,000

York Lane, Mitcham, CR4 1GX - 2 months ago

BTL
~129 m²
+12 photos

ValuationUndervalued

Sold Prices£400K - £782K
Sold Prices/m²£4.2K/m² - £8.6K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.6K/m²

Value Estimate

£738,612
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£150,000

Stamp Duty & Legal Fees

£36,700

Total Cash In

£186,700

 

 

Cash Out

 

Rent Range

£700 - £7,600

Rent Estimate

£700

Running Costs/mo

£2,035

Cashflow/mo

£-1,335

Cashflow/yr

£-16,020

Gross Yield

1%

Local Sold Prices

50 sold prices from £400K to £782K, average is £576.3K. £4.2K/m² to £8.6K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£510K06/210.05 mi31, Meopham Road, Mitcham, Greater London CR4 1BH4
£535K03/230.16 mi53, Rowan Road, London, Greater London SW16 5HZ4
£550K03/210.16 mi47, Lilian Road, London, Greater London SW16 5HW4
£600K09/230.22 mi7, Marian Road, London, Greater London SW16 5HT4
£585K02/230.24 mi57, Windermere Road, London, Greater London SW16 5HF4
£625K09/210.24 mi5, Windermere Road, London, Greater London SW16 5HF4
£640K01/230.29 mi27, Fieldend Road, London, Greater London SW16 5SR4
£580K08/230.29 mi15, Hassocks Road, London, Greater London SW16 5EU4
£645K01/210.29 mi35, Hassocks Road, London, Greater London SW16 5EU4
£700K08/230.34 mi9, Granton Road, London, Greater London SW16 5AN4
£595K01/210.35 mi50, Hassocks Road, London, Greater London SW16 5EZ4
£550K03/230.38 mi6, Middle Way, London, Greater London SW16 4HN4
£595K02/230.39 mi29, Sunnymead Avenue, Mitcham, Greater London CR4 1EW4
£535K10/220.41 mi1, Hoylake Gardens, Mitcham, Greater London CR4 1ET4
£520K06/210.45 mi61, Tamworth Lane, Mitcham, Greater London CR4 1DG4
£555K01/230.46 mi73, Brockenhurst Way, London, Greater London SW16 4UB4
£469.5K03/210.47 mi34, Crossways Road, Mitcham, Greater London CR4 1DQ4
£490K07/210.47 mi51, Malvern Close, Mitcham, Greater London CR4 1EH4
£540K06/210.52 mi34, Oxford Close, Mitcham, Greater London CR4 1DY4
£581.4K03/210.52 mi32, Donnybrook Road, London, Greater London SW16 5AZ4
£561K10/200.53 mi66, Melrose Avenue, Mitcham, Greater London CR4 2EG4
£725K06/230.53 mi11, Nettlewood Road, London, Greater London SW16 5DX4
£630K11/200.54 mi69, Caithness Road, Mitcham, Greater London CR4 2EY4
£580K03/210.55 mi73, Streatham Vale, London, Greater London SW16 5SF4
£535K11/200.55 mi193, Abbotts Road, Mitcham, Greater London CR4 1JZ4
£557.5K03/230.55 mi125, Abbotts Road, Mitcham, Greater London CR4 1JZ4
£400K05/210.55 mi37, Fernlea Road, Mitcham, Greater London CR4 2HF4
£555K11/220.56 mi8, Kings Road, Mitcham, Greater London CR4 1SN4
£450K03/230.57 mi65, Streatham Road, Mitcham, Greater London CR4 2AH4
£577.5K06/210.58 mi2, Robinhood Lane, Mitcham, Greater London CR4 1JL4
£562K01/230.59 mi13, Graham Avenue, Mitcham, Greater London CR4 2HJ4
£635K04/230.6 mi172, Sherwood Avenue, London, Greater London SW16 5EG4
£575K11/200.6 mi20, Broadview Road, London, Greater London SW16 5AU4
£715K03/210.61 mi22, Rustic Avenue, London, Greater London SW16 6PD4
£720K07/220.63 mi6, Graham Avenue, Mitcham, Greater London CR4 2HG4
£510K06/230.63 mi21, Pentlands Close, Mitcham, Greater London CR4 1HW4
£640K02/210.63 mi17, Graham Road, Mitcham, Greater London CR4 2HB4
£755K05/230.64 mi20, Carnforth Road, London, Greater London SW16 5AB4
£618K09/210.64 mi16, Carnforth Road, London, Greater London SW16 5AB4
£630K08/230.65 mi258, Woodmansterne Road, London, Greater London SW16 5UA4
£510K11/210.65 mi45, Lansdell Road, Mitcham, Greater London CR4 2JF4
£625K12/200.65 mi26, Graham Road, Mitcham, Greater London CR4 2HA4
£595K03/210.65 mi63, Norton Gardens, London, Greater London SW16 4TB4
£525K05/210.67 mi189, Commonside East, Mitcham, Greater London CR4 1HB4
£545K12/200.68 mi29, Hallowell Close, Mitcham, Greater London CR4 2QD4
£510K06/210.68 mi21, Hallowell Close, Mitcham, Greater London CR4 2QD4
£782K12/200.69 mi150, Ellison Road, London, Greater London SW16 5DD4
£600K08/230.69 mi177, Sherwood Avenue, London, Greater London SW16 5EE4
£535K01/230.7 mi12, Walton Way, Mitcham, Greater London CR4 1HQ4
£525K10/210.7 mi16, Edenvale Road, Mitcham, Greater London CR4 2DN4

Local Rents

50 rents from £700/mo to £7.6K/mo, average is £2.6K/mo.

RentDateDistanceAddressBeds 
£2,50004/240.04 miNeptune Court, Mitcham, CR43
£2,60005/240.05 miMeopham Road, Mitcham, CR43
£2,60005/240.06 mi-3
£3,00003/240.09 miNeptune Court, Mitcham, CR43
£3,00003/240.09 mi-3
£3,00004/250.1 mi-5
£2,20009/240.1 mi-3
£2,60009/240.13 miEbenezer Walk, LONDON3
£2,10009/240.13 mi-3
£2,00009/240.13 mi-3
£2,65003/250.14 mi-4
£6,30003/240.15 miGrove Road5
£2,10009/240.16 mi-3
£2,80003/250.16 mi-4
£2,60003/240.18 mi-4
£2,60003/240.18 miGrove Road, Mitcham, CR44
£2,10002/240.23 mi-3
£2,20009/240.27 miMiddle Road, Streatham4
£3,00009/240.27 miFieldend Road, Streatham Vale4
£7,60009/240.27 mi-6
£2,85004/240.28 miBirch Walk, Mitcham, CR44
£2,85005/240.28 miBirch Walk, Mitcham, CR44
£7,50009/240.29 mi-6
£2,85004/240.31 miBirch Walk, Mitcham, Surrey, CR45
£2,89002/240.32 mi-4
£2,89509/240.32 miLondon, London, SW164
£2,00005/240.33 mi-4
£2,20003/240.33 miAcacia Road, Mitcham, CR44
£2,00003/240.33 miAcacia Road, Mitcham, CR44
£2,30003/240.34 miRosemead Avenue, Mitcham, CR43
£3,00003/250.35 mi-4
£70010/240.35 mi-4
£2,60003/240.36 miEdgehill Road, Mitcham, CR43
£2,60003/240.36 miEdgehill Road, MITCHAM3
£2,75003/250.37 mi-4
£2,80009/240.37 miChurchmore Road, Streatham Common, SW163
£2,49502/250.37 mi-3
£3,00009/240.37 miLarbert Road4
£2,20009/240.38 miStockport Road, London, SW163
£2,10005/240.39 miEdgehill Road, Mitcham3
£7,50012/240.4 mi-6
£7,50002/250.4 mi-6
£7,50004/250.4 mi-6
£2,30012/240.42 mi-3
£2,30004/250.42 mi-3
£2,30005/240.42 mi-3
£2,37503/240.42 miHill Road, Mitcham/ Tooting Borders, CR43
£2,37504/240.42 miHill Road, Mitcham/ Tooting Borders, CR43
£2,37504/240.42 miHill Road, Mitcham/ Tooting Borders, CR43
£2,40002/250.43 mi-5

Local Area Statistics

Population in CR4

58,286

Town centre distance

0.81 miles away

Nearest school

0.20 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £600,000

February 14, 2025

Floor Plans

Description

  • Townhouse +
  • Four Bedrooms +
  • Two Bathrooms +
  • Downstairs WC +

Situated on a tranquil residential development this four-bedroom end of terrace property seamlessly combines modern aesthetics with family-friendly living.

Encompassing approximately 1,390 sq. ft., the home boasts a contemporary, fully equipped kitchen featuring state-of-the-art appliances, an open plan reception/dining area that opens onto a low maintenance rear garden, four spacious double bedrooms, two bathrooms, a downstairs WC and an abundance of storage throughout.

Additional highlights include off-street parking and NO ONWARD CHAIN!

Nestled within a peaceful cul-de-sac, this property further benefits from close proximity to local amenities, a short walk to both Mitcham Eastfields & Streatham Common train stations, and a variety of green spaces, making it a perfect haven for families and professionals alike.

CALL TO AVOID MISSING OUT ON THIS UNIQUE OPPORTUNITY!

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;

GMI250042/2

Agent Details

Goodfellows, Mitcham

020 3892 9519

Next Steps?

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