4 Bed House, Single Let, Mitcham, CR4 1SP, £575,000

Worcester Close, Mitcham, CR4 1SP - 2 months ago

BTL
~129 m²
+14 photos

ValuationUndervalued

Sold Prices£400K - £860K
Sold Prices/m²£4.2K/m² - £8.3K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.4K/m²

Value Estimate

£690,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£143,750

Stamp Duty & Legal Fees

£46,200

Total Cash In

£189,950

 

 

Cash Out

 

Rent Range

£1,675 - £1,850,430

Rent Estimate

£2,000

Running Costs/mo

£2,217

Cashflow/mo

£-217

Cashflow/yr

£-2,602

Gross Yield

4%

Local Sold Prices

50 sold prices from £400K to £860K, average is £547.5K. £4.2K/m² to £8.3K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£555K11/220.04 mi8, Kings Road, Mitcham, Greater London CR4 1SN4
£520K06/210.08 mi61, Tamworth Lane, Mitcham, Greater London CR4 1DG4
£545K12/200.17 mi29, Hallowell Close, Mitcham, Greater London CR4 2QD4
£510K06/210.17 mi21, Hallowell Close, Mitcham, Greater London CR4 2QD4
£469.5K03/210.22 mi34, Crossways Road, Mitcham, Greater London CR4 1DQ4
£510K11/210.24 mi45, Lansdell Road, Mitcham, Greater London CR4 2JF4
£525K05/210.27 mi189, Commonside East, Mitcham, Greater London CR4 1HB4
£510K06/230.29 mi21, Pentlands Close, Mitcham, Greater London CR4 1HW4
£400K05/210.34 mi37, Fernlea Road, Mitcham, Greater London CR4 2HF4
£640K02/210.4 mi17, Graham Road, Mitcham, Greater London CR4 2HB4
£625K12/200.4 mi26, Graham Road, Mitcham, Greater London CR4 2HA4
£562K01/230.4 mi13, Graham Avenue, Mitcham, Greater London CR4 2HJ4
£490K06/210.42 mi59, Albert Road, Mitcham, Greater London CR4 4AL4
£720K07/220.43 mi6, Graham Avenue, Mitcham, Greater London CR4 2HG4
£605K08/210.43 mi27, Albert Road, Mitcham, Greater London CR4 4AL4
£540K06/210.45 mi34, Oxford Close, Mitcham, Greater London CR4 1DY4
£535K10/220.49 mi1, Hoylake Gardens, Mitcham, Greater London CR4 1ET4
£490K07/210.52 mi51, Malvern Close, Mitcham, Greater London CR4 1EH4
£450K03/230.53 mi65, Streatham Road, Mitcham, Greater London CR4 2AH4
£510K06/210.56 mi31, Meopham Road, Mitcham, Greater London CR4 1BH4
£535K01/230.6 mi12, Walton Way, Mitcham, Greater London CR4 1HQ4
£550K03/210.64 mi47, Lilian Road, London, Greater London SW16 5HW4
£595K02/230.64 mi29, Sunnymead Avenue, Mitcham, Greater London CR4 1EW4
£570K03/230.65 mi14, Mortimer Road, Mitcham, Greater London CR4 3HS4
£535K03/230.67 mi53, Rowan Road, London, Greater London SW16 5HZ4
£577.5K06/210.68 mi2, Robinhood Lane, Mitcham, Greater London CR4 1JL4
£532.5K10/220.71 mi11, Caesars Walk, Mitcham, Greater London CR4 4LF4
£600K09/230.72 mi7, Marian Road, London, Greater London SW16 5HT4
£535K11/200.72 mi193, Abbotts Road, Mitcham, Greater London CR4 1JZ4
£557.5K03/230.72 mi125, Abbotts Road, Mitcham, Greater London CR4 1JZ4
£510K09/220.72 mi25, Denham Crescent, Mitcham, Greater London CR4 4LZ4
£600K04/210.72 mi15, Abbotts Road, Mitcham, Greater London CR4 1JS4
£495K10/200.72 mi3, Cotton Close, Mitcham, Greater London CR4 3GR4
£561K10/200.73 mi66, Melrose Avenue, Mitcham, Greater London CR4 2EG4
£585K02/230.74 mi57, Windermere Road, London, Greater London SW16 5HF4
£625K09/210.74 mi5, Windermere Road, London, Greater London SW16 5HF4
£550K03/230.74 mi6, Middle Way, London, Greater London SW16 4HN4
£545K12/200.76 mi39, Caesars Walk, Mitcham, Greater London CR4 4LF4
£670K07/220.76 mi55, Veals Mead, Mitcham, Greater London CR4 3SB4
£755K03/230.78 mi31, Baron Grove, Mitcham, Greater London CR4 4EH4
£525K10/210.78 mi16, Edenvale Road, Mitcham, Greater London CR4 2DN4
£630K11/200.79 mi69, Caithness Road, Mitcham, Greater London CR4 2EY4
£640K01/230.79 mi27, Fieldend Road, London, Greater London SW16 5SR4
£700K08/230.8 mi9, Granton Road, London, Greater London SW16 5AN4
£580K08/230.81 mi15, Hassocks Road, London, Greater London SW16 5EU4
£645K01/210.81 mi35, Hassocks Road, London, Greater London SW16 5EU4
£860K06/210.81 mi8, Baron Grove, Mitcham, Greater London CR4 4EH4
£480K05/210.81 mi41, Miles Road, Mitcham, Greater London CR4 3DA4
£520K06/210.81 mi26, Veals Mead, Mitcham, Greater London CR4 3SB4
£520K12/200.81 mi55, Veals Mead, Mitcham, Greater London CR4 3SB4

Local Rents

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

RentDateDistanceAddressBeds 
£2,25003/240.08 miGrove Road, Mitcham, CR43
£2,25003/240.08 mi-3
£2,25003/240.08 mi-3
£2,30003/240.11 miAventine Avenue, MITCHAM3
£2,16004/240.14 miVenice House, Mitcham, CR43
£2,30003/250.16 mi-3
£3,40004/240.17 miHallowell Close Mitcham CR44
£3,90005/240.17 miHallowell Close Mitcham CR45
£4,40005/240.17 miHallowell Close Mitcham CR46
£2,20003/240.19 miAcacia Road, Mitcham, CR44
£2,00003/240.19 miAcacia Road, Mitcham, CR44
£2,00005/240.19 mi-4
£3,50003/240.19 mi-4
£3,50004/240.19 mi-4
£3,50003/240.19 miLammas Avenue, Mitcham4
£2,25003/240.2 miBrenley Close, Mitcham Common, CR43
£3,50003/240.2 miLammas Avenue, Mitcham, Surrey, CR44
£2,40002/240.2 mi-3
£3,50003/240.2 miLammas Avenue, MITCHAM4
£3,50003/240.2 miLAMMAS AVENUE, Mitcham, CR44
£3,50004/240.21 mi-3
£3,50004/240.21 mi-3
£2,35003/240.21 miEastfields Road, Mitcham3
£2,10003/250.21 mi-4
£2,40003/240.23 miCrossways Road, Mitcham, Surrey, CR43
£2,60005/240.24 mi159 Commonside East Mitcham CR43
£2,30012/240.25 mi-3
£2,30004/250.25 mi-3
£1,67503/240.27 miHilary Avenue, Mitcham3
£2,20004/240.29 miSt Marks Road, Mitcham, Surrey, CR43
£2,59701/250.29 mi-4
£2,19505/240.31 miCommonside East, MITCHAMN/A
£2,85004/240.33 miFernlea Road, Mitcham, CR43
£2,85003/240.34 miFernlea Road Mitcham CR43
£2,40004/240.34 miMontrose Gardens, Mitcham, CR43
£2,10005/240.36 miEdgehill Road, Mitcham3
£3,00002/250.37 mi-4
£2,10003/240.38 miCommonside East, Mitcham, CR43
£1,850,43010/230.39 miFernlea Road, Mitcham3
£2,20003/240.39 miElmfield Avenue, Mitcham, CR43
£1,80004/240.4 miGraham Road, Mitcham3
£1,77003/240.4 miArmfield Crescent, Mitcham, CR43
£2,47505/240.42 mi-3
£2,10005/240.43 miGraham Avenue, Mitcham3
£2,40005/240.43 miLangdale Avenue, Mitcham, Surrey, CR43
£3,70003/240.43 mi41a Streatham Road5
£3,60003/240.43 mi41a Streatham Road5
£2,85004/240.43 miBirch Walk, Mitcham, Surrey, CR45
£2,85004/240.44 miBirch Walk, Mitcham, CR44
£2,85005/240.44 miBirch Walk, Mitcham, CR44
£6,30003/240.44 miGrove Road5

Local Area Statistics

Population in CR4

58,286

Town centre distance

0.37 miles away

Nearest school

0.20 miles away

Nearest train station

0.15 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £575,000

March 1, 2025

Floor Plans

Description

  • Freehold +
  • Off street parking +
  • Four bedrooms +
  • Cloakroom +
  • Lounge dining room +
  • Kitchen diner +
  • Garden +
  • Garage +
  • Bathroom +
  • EPC rating D +

Andrews Property Group welcome this beautiful family house to the market for sale. This four bedroom freehold house benefits off street parking, hallway, downstairs cloakroom, through lounge diner, kitchen diner leading into a paved garden with a large rear garage, to the first floor two double bedrooms, a single bedroom and family bathroom, to the second floor a double bedroom with en-suite shower room. It is 0.2 miles to Mitcham Eastfields train station which takes 20 minutes into London Victoria. The family home is within walking distance to the Mitcham town centre which provides local shops and amenities.

Andrews Property Group welcome this beautiful family house to the market for sale. This four bedroom freehold house benefits off street parking, hallway, downstairs cloakroom, through lounge diner, kitchen diner leading into a paved garden with a large rear garage, to the first floor two double bedrooms, a single bedroom and family bathroom, to the second floor a double bedroom with en-suite shower room. It is 0.2 miles to Mitcham Eastfields train station which takes 20 minutes into London Victoria. The family home is within walking distance to the Mitcham town centre which provides local shops and amenities.

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 💪