4 Bed Detached House, Single Let, Mitcham, CR4 1SQ, £550,000

Worcester Close, Mitcham, CR4 1SQ - a month ago

BTL
~129 m²
+7 photos

ValuationUndervalued

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

 

 

Square Metres

~129.26 m²
Price/m²£4.3K/m²

Value Estimate

£671,000
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£43,700

Total Cash In

£181,200

 

 

Cash Out

 

Rent Range

£1,675 - £1,850,430

Rent Estimate

£2,000

Running Costs/mo

£2,139

Cashflow/mo

£-139

Cashflow/yr

£-1,665

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 
£555K11/220.06 mi8, Kings Road, Mitcham, Greater London CR4 1SN4
£520K06/210.06 mi61, Tamworth Lane, Mitcham, Greater London CR4 1DG4
£545K12/200.18 mi29, Hallowell Close, Mitcham, Greater London CR4 2QD4
£510K06/210.18 mi21, Hallowell Close, Mitcham, Greater London CR4 2QD4
£469.5K03/210.21 mi34, Crossways Road, Mitcham, Greater London CR4 1DQ4
£510K11/210.25 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
£562K01/230.4 mi13, Graham Avenue, Mitcham, Greater London CR4 2HJ4
£640K02/210.4 mi17, Graham Road, Mitcham, Greater London CR4 2HB4
£625K12/200.4 mi26, Graham Road, Mitcham, Greater London CR4 2HA4
£720K07/220.43 mi6, Graham Avenue, Mitcham, Greater London CR4 2HG4
£540K06/210.43 mi34, Oxford Close, Mitcham, Greater London CR4 1DY4
£490K06/210.44 mi59, Albert Road, Mitcham, Greater London CR4 4AL4
£605K08/210.44 mi27, Albert Road, Mitcham, Greater London CR4 4AL4
£535K10/220.47 mi1, Hoylake Gardens, Mitcham, Greater London CR4 1ET4
£490K07/210.51 mi51, Malvern Close, Mitcham, Greater London CR4 1EH4
£450K03/230.53 mi65, Streatham Road, Mitcham, Greater London CR4 2AH4
£510K06/210.54 mi31, Meopham Road, Mitcham, Greater London CR4 1BH4
£535K01/230.59 mi12, Walton Way, Mitcham, Greater London CR4 1HQ4
£550K03/210.62 mi47, Lilian Road, London, Greater London SW16 5HW4
£595K02/230.63 mi29, Sunnymead Avenue, Mitcham, Greater London CR4 1EW4
£535K03/230.66 mi53, Rowan Road, London, Greater London SW16 5HZ4
£570K03/230.66 mi14, Mortimer Road, Mitcham, Greater London CR4 3HS4
£577.5K06/210.67 mi2, Robinhood Lane, Mitcham, Greater London CR4 1JL4
£600K09/230.7 mi7, Marian Road, London, Greater London SW16 5HT4
£535K11/200.71 mi193, Abbotts Road, Mitcham, Greater London CR4 1JZ4
£557.5K03/230.71 mi125, Abbotts Road, Mitcham, Greater London CR4 1JZ4
£600K04/210.71 mi15, Abbotts Road, Mitcham, Greater London CR4 1JS4
£585K02/230.72 mi57, Windermere Road, London, Greater London SW16 5HF4
£532.5K10/220.72 mi11, Caesars Walk, Mitcham, Greater London CR4 4LF4
£561K10/200.72 mi66, Melrose Avenue, Mitcham, Greater London CR4 2EG4
£625K09/210.73 mi5, Windermere Road, London, Greater London SW16 5HF4
£550K03/230.73 mi6, Middle Way, London, Greater London SW16 4HN4
£510K09/220.73 mi25, Denham Crescent, Mitcham, Greater London CR4 4LZ4
£495K10/200.74 mi3, Cotton Close, Mitcham, Greater London CR4 3GR4
£545K12/200.77 mi39, Caesars Walk, Mitcham, Greater London CR4 4LF4
£670K07/220.77 mi55, Veals Mead, Mitcham, Greater London CR4 3SB4
£525K10/210.77 mi16, Edenvale Road, Mitcham, Greater London CR4 2DN4
£640K01/230.78 mi27, Fieldend Road, London, Greater London SW16 5SR4
£630K11/200.78 mi69, Caithness Road, Mitcham, Greater London CR4 2EY4
£700K08/230.79 mi9, Granton Road, London, Greater London SW16 5AN4
£755K03/230.79 mi31, Baron Grove, Mitcham, Greater London CR4 4EH4
£580K08/230.79 mi15, Hassocks Road, London, Greater London SW16 5EU4
£645K01/210.79 mi35, Hassocks Road, London, Greater London SW16 5EU4
£860K06/210.82 mi8, Baron Grove, Mitcham, Greater London CR4 4EH4
£480K05/210.82 mi41, Miles Road, Mitcham, Greater London CR4 3DA4
£520K06/210.82 mi26, Veals Mead, Mitcham, Greater London CR4 3SB4
£520K12/200.82 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
£2,16004/240.15 miVenice House, Mitcham, CR43
£2,30003/250.15 mi-3
£2,20003/240.17 miAcacia Road, Mitcham, CR44
£2,00003/240.17 miAcacia Road, Mitcham, CR44
£2,00005/240.17 mi-4
£3,40004/240.18 miHallowell Close Mitcham CR44
£3,90005/240.18 miHallowell Close Mitcham CR45
£4,40005/240.18 miHallowell Close Mitcham CR46
£3,50003/240.2 mi-4
£3,50004/240.2 mi-4
£3,50003/240.2 miLammas Avenue, Mitcham4
£2,25003/240.21 miBrenley Close, Mitcham Common, CR43
£3,50003/240.21 miLammas Avenue, Mitcham, Surrey, CR44
£2,10003/250.21 mi-4
£3,50003/240.21 miLammas Avenue, MITCHAM4
£3,50004/240.21 mi-3
£3,50004/240.21 mi-3
£3,50003/240.21 miLAMMAS AVENUE, Mitcham, CR44
£2,40003/240.22 miCrossways Road, Mitcham, Surrey, CR43
£2,35003/240.22 miEastfields Road, Mitcham3
£2,40002/240.22 mi-3
£2,30012/240.25 mi-3
£2,30004/250.25 mi-3
£2,60005/240.26 mi159 Commonside East Mitcham CR43
£1,67503/240.28 miHilary Avenue, Mitcham3
£2,20004/240.3 miSt Marks Road, Mitcham, Surrey, CR43
£2,59701/250.31 mi-4
£2,19505/240.33 miCommonside East, MITCHAMN/A
£2,85004/240.33 miFernlea Road, Mitcham, CR43
£2,85003/240.34 miFernlea Road Mitcham CR43
£2,10005/240.35 miEdgehill Road, Mitcham3
£2,40004/240.36 miMontrose Gardens, Mitcham, CR43
£3,00002/250.37 mi-4
£2,10003/240.38 miCommonside East, Mitcham, CR43
£1,850,43010/230.39 miFernlea Road, Mitcham3
£2,20003/240.4 miElmfield Avenue, Mitcham, CR43
£1,80004/240.4 miGraham Road, Mitcham3
£1,77003/240.41 miArmfield Crescent, Mitcham, CR43
£2,85004/240.43 miBirch Walk, Mitcham, Surrey, CR45
£2,85004/240.43 miBirch Walk, Mitcham, CR44
£2,85005/240.43 miBirch Walk, Mitcham, CR44
£2,47505/240.43 mi-3
£2,10005/240.43 miGraham Avenue, Mitcham3
£6,30003/240.43 miGrove Road5
£3,70003/240.44 mi41a Streatham Road5
£3,60003/240.44 mi41a Streatham Road5
£2,40005/240.44 miLangdale Avenue, Mitcham, Surrey, CR43

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 £550,000

March 10, 2025

Floor Plans

Description

  • Good condition +
  • Large Garden +
  • Great location +
  • Chain Free +
  • Close to schools +
  • Potential for an annexe +

Guide Price £550,000 - £600,000 Located in the desirable area of Mitcham, this four-bedroom home on Worcester Close is perfect for those looking for a higher-end property. The home offers ample living space, with well-proportioned rooms suitable for both relaxation and entertaining.

The local area boasts excellent amenities, including well-regarded schools such as Harris Academy Merton and St. Mark's Primary School. Residents will appreciate the convenience of nearby parks, providing outdoor spaces for leisure and recreation. Good transport links make commuting straightforward, with easy access to central London and surrounding areas.

Mitcham itself is known for its community feel and vibrant local scene. A variety of shops, cafes, and restaurants are within easy reach, catering to daily needs and social activities.
EPC Rating: D

Agent Details

Malixons, London

020 3840 3795

Next Steps?

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