2 Bed Semi-Detached House, Single Let, Mitcham, CR4 4LW, £450,000

Bramcote Avenue, Mitcham, CR4 4LW - 1 views - a month ago

Sold STC
BTL
~68 m²
+10 photos

ValuationOvervalued

Sold Prices£320K - £575K
Sold Prices/m²£4K/m² - £11.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£6.6K/m²

Value Estimate

£398,113

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£33,700

Total Cash In

£146,200

 

 

Cash Out

 

Rent Range

£1,300 - £3,600

Rent Estimate

£1,500

Running Costs/mo

£1,726

Cashflow/mo

£-226

Cashflow/yr

£-2,715

Gross Yield

4%

Local Sold Prices

50 sold prices from £320K to £575K, average is £406.3K. £4K/m² to £11.9K/m², average is £5.8K/m².

PriceDateDistanceAddressBeds 
£370K01/210.09 mi63, Denham Crescent, Mitcham, Greater London CR4 4LZ2
£445K08/210.29 mi44, Brookfields Avenue, Mitcham, Greater London CR4 4BN2
£400K10/210.39 mi31, Morland Close, Mitcham, Greater London CR4 3JT2
£415K09/210.42 mi49, Commonside East, Mitcham, Greater London CR4 2QA2
£369K10/200.42 mi47, Commonside East, Mitcham, Greater London CR4 2QA2
£435K02/210.44 mi75, Commonside East, Mitcham, Greater London CR4 2QB2
£490K10/220.44 mi24, Edmund Road, Mitcham, Greater London CR4 3AR2
£435K06/210.45 mi50, Edmund Road, Mitcham, Greater London CR4 3AR2
£430K12/220.47 mi30, Church Path, Mitcham, Greater London CR4 3BN2
£370.5K05/230.48 mi24, Hilary Avenue, Mitcham, Greater London CR4 2LA2
£465K07/230.61 mi7, Cedars Avenue, Mitcham, Greater London CR4 1HN2
£320K02/230.69 mi37, Goodwin Close, Mitcham, Greater London CR4 3HZ2
£392K01/210.69 mi11, Acacia Road, Mitcham, Greater London CR4 1SF2
£370K02/210.71 mi14, Peterborough Road, Carshalton, Greater London SM5 1EH2
£525K10/220.72 mi2a, Edward Avenue, Morden, Greater London SM4 6EP2
£360K03/210.72 mi95, Revesby Road, Carshalton, Greater London SM5 1EZ2
£450K11/200.73 mi21, Edward Avenue, Morden, Greater London SM4 6EP2
£575K08/230.73 mi35, Edward Avenue, Morden, Greater London SM4 6EP2
£385K05/210.75 mi172, Lowry Crescent, Mitcham, Greater London CR4 3QW2
£385K03/210.76 mi231, Tamworth Lane, Mitcham, Greater London CR4 1DH2
£440K01/210.76 mi37, Dalton Avenue, Mitcham, Greater London CR4 3DT2
£322K03/210.77 mi32, Quarr Road, Carshalton, Greater London SM5 1ER2
£550K02/220.78 mi23, The Drive, Morden, Greater London SM4 6DH2
£470K01/230.82 mi8, Proctor Close, Mitcham, Greater London CR4 2GX2
£407.5K10/200.82 mi325, Commonside East, Mitcham, Greater London CR4 1HE2
£340K12/220.84 mi125, Lilleshall Road, Morden, Greater London SM4 6DT2
£395K12/200.85 mi32, Connaught Gardens, Morden, Greater London SM4 6DB2
£387.5K08/230.86 mi96, Shaftesbury Road, Carshalton, Greater London SM5 1HL2
£485K09/210.86 mi6, Leonard Avenue, Morden, Greater London SM4 6DW2
£485K09/210.86 mi6, Leonard Avenue, Morden, Greater London SM4 6DW2
£375K06/210.86 mi50, Connaught Gardens, Morden, Greater London SM4 6DB2
£398K07/210.86 mi29, Connaught Gardens, Morden, Greater London SM4 6DB2
£340K10/210.87 mi8, Roslyn Close, Mitcham, Greater London CR4 3BB2
£440K05/230.88 mi49, Lessness Road, Morden, Greater London SM4 6HP2
£475K01/230.89 mi100, Montacute Road, Morden, Greater London SM4 6RL2
£371K06/210.89 mi63, Selby Road, Carshalton, Greater London SM5 1LE2
£392K07/230.91 mi8, Sibton Road, Carshalton, Greater London SM5 1LA2
£405K03/210.92 mi55, Oakmead Place, Mitcham, Greater London CR4 3RU2
£500K09/210.92 mi19, Ravensbury Avenue, Morden, Greater London SM4 6ET2
£480K06/210.92 mi5, Ravensbury Avenue, Morden, Greater London SM4 6ET2
£355K06/210.95 mi51, Sherborne Crescent, Carshalton, Greater London SM5 1JU2
£412K03/230.95 mi31, Leominster Road, Morden, Greater London SM4 6HN2
£440K01/230.97 mi4, Missenden Gardens, Morden, Greater London SM4 6HW2
£455K09/210.97 mi11, Langdon Walk, Morden, Greater London SM4 6EZ2
£350K03/230.97 mi39, Steers Mead, Mitcham, Greater London CR4 3JX2
£475K10/230.98 mi1, Reynolds Close, London, Greater London SW19 2QJ2
£362.5K01/210.98 mi79, Hogarth Crescent, London, Greater London SW19 2DN2
£405K06/210.98 mi5, Bristol Road, Morden, Greater London SM4 5SA2
£417K04/230.98 mi9, Bristol Road, Morden, Greater London SM4 5SA2
£360K03/210.99 mi61, St Albans Grove, Carshalton, Greater London SM5 1ND2

Local Rents

41 rents from £1.3K/mo to £3.6K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,95003/240.04 miCricket Green, Mitcham2
£1,97005/240.18 miLondon Road, Mitcham, CR42
£1,97005/240.18 mi-2
£1,70003/240.21 miLinden Place, CR4, Mitcham2
£3,30002/240.22 mi-2
£3,30005/240.22 mi-2
£3,60003/240.22 miLondon Road, Mitcham, Surrey, CR42
£3,60003/240.23 miLondon Road, Mitcham2
£1,80004/240.28 miKingsleigh Place, Mitcham, Surrey, CR42
£1,30003/240.28 miKingsleigh Place, Mitcham, Surrey, CR42
£2,60002/240.28 mi-2
£1,79712/240.28 mi-2
£1,79712/240.28 mi-2
£1,35002/240.32 mi-2
£1,70003/240.36 miLondon Road, Mitcham, CR42
£1,80012/240.36 mi-2
£1,65004/240.37 miLondon Road, Mitcham, CR42
£1,75003/250.37 mi-2
£1,65003/240.37 miCrown Mill, Wimbledon, Mitcham, CR42
£1,65003/240.37 miCrown Mill, Wimbledon, Mitcham, CR42
£1,75004/240.39 mi-2
£1,95004/240.44 mi159 Commonside East Mitcham CR42
£2,00005/240.44 mi159 Commonside East Mitcham CR42
£1,95005/240.44 mi159 Commonside East Mitcham CR42
£2,00005/240.44 mi159 Commonside East Mitcham CR42
£2,00005/240.44 mi159 Commonside East Mitcham CR42
£1,75003/240.47 miChurch Path, Mitcham, CR42
£1,70003/250.51 mi-2
£1,60005/240.51 mi-2
£1,75002/250.51 mi-2
£1,60004/240.51 miTiptaft House, Mitcham, CR42
£1,60005/240.51 miTiptaft House, Mitcham, CR42
£1,78503/250.52 mi-2
£1,65004/240.54 miAusten Court, Brickfield Road, Mitcham, CR42
£1,70005/240.54 mi-2
£1,70004/250.54 mi-2
£1,70004/240.54 miAusten Court, Mitcham, CR42
£1,50001/250.6 mi-2
£1,50001/250.6 mi-2
£1,70003/240.61 mi-2
£1,60004/240.62 miImperial Gardens, Mitcham, Surrey, CR42

Local Area Statistics

Population in CR4

58,286

Town centre distance

0.45 miles away

Nearest school

0.10 miles away

Nearest train station

0.27 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £450,000

March 4, 2025

Floor Plans

Description

  • Semi Detached +
  • Two Bedrooms +
  • Large Rear Garden +
  • Garden +
  • Off Street Parking +
  • EPC Rating D +
  • Council Tax Band D +

A charming two-bedroom house offered to the market on a quiet residential street in the heart of Mitcham.

Bramcote Avenue has been cherished by the same family for 20 years, is ready to welcome its new owner.

The ground floor features a half bay fronted living room, a spacious dining room which leads onto the extended kitchen that overlooks the 122-foot garden. Upstairs, there are two generously sized bedrooms and a contemporary three-piece bathroom suite.

Further benefits of this property include offers off-street parking for two cars, close proximity to local schools, amenities and transport including easy access to Morden and Colliers Wood Tube Station and a large rear garden which offers potential for further extensions and the addition of an annexe to the rear (STPP).

Bramcote Avenue is located on a peaceful, tree-lined street opposite the picturesque Cricket Green. Excellent transport links, including Mitcham Tram Stop and Mitcham Junction, are all within a mile of the property.

CALL NOW TO BOOK YOUR VIEWING!

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;

GMI240568/2

Agent Details

Goodfellows, Mitcham

020 3892 9519

Next Steps?

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