4 Bed Bungalow, Planning Permission, Morden, SM4 6DE, £615,000

Rose Avenue, Morden, SM4 6DE - a month ago

Planning
~129 m²
+7 photos

ValuationUndervalued

Sold Prices£228K - £1.3M
Sold Prices/m²£2.8K/m² - £23.3K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.8K/m²

Value Estimate

£735,224
BMV20%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£153,750

Stamp Duty & Legal Fees

£50,200

Total Cash In

£203,950

 

 

Cash Out

 

Rent Range

£1,500 - £3,500

Rent Estimate

£1,799

Running Costs/mo

£2,302

Cashflow/mo

£-503

Cashflow/yr

£-6,032

Gross Yield

4%

Local Sold Prices

47 sold prices from £228K to £1.3M, average is £612K. £2.8K/m² to £23.3K/m², average is £5.6K/m².

PriceDateDistanceAddressBeds 
£450K04/210 mi12, Rose Avenue, Morden, Greater London SM4 6DE4
£612K06/210.11 mi28, Leonard Avenue, Morden, Greater London SM4 6DW4
£650K06/210.12 mi44, The Drive, Morden, Greater London SM4 6DJ4
£549K12/220.15 mi139, St Helier Avenue, Morden, Greater London SM4 6JE4
£530K12/200.22 mi23, Edward Avenue, Morden, Greater London SM4 6EP4
£605K09/210.23 mi5, Lessness Road, Morden, Greater London SM4 6HP4
£515K06/220.23 mi1, Leominster Walk, Morden, Greater London SM4 6HB4
£640K11/200.27 mi19, Milner Road, Morden, Greater London SM4 6EN4
£650K06/210.28 mi4, Willows Avenue, Morden, Greater London SM4 5SG4
£520K12/200.3 mi4, Combermere Road, Morden, Greater London SM4 6RD4
£495K03/210.39 mi20, Faversham Road, Morden, Greater London SM4 6RE4
£622K06/210.4 mi37, Pollard Road, Morden, Greater London SM4 6EG4
£530K09/210.5 mi189, Central Road, Morden, Greater London SM4 5SP4
£675K10/210.59 mi2, Elsrick Avenue, Morden, Greater London SM4 5RF4
£350K03/210.61 mi15, Saxonbury Close, Mitcham, Greater London CR4 3QL4
£715K10/200.62 mi17, Queens Road, Morden, Greater London SM4 5DF4
£675K02/210.62 mi35, Chalgrove Avenue, Morden, Greater London SM4 5RB4
£860K06/210.74 mi8, Baron Grove, Mitcham, Greater London CR4 4EH4
£860K09/230.75 mi25, Grasmere Avenue, London, Greater London SW19 3DY4
£860K06/210.75 mi8, Baron Grove, Mitcham, Greater London CR4 4EH4
£835K06/210.76 mi62, Grasmere Avenue, London, Greater London SW19 3DX4
£1.0M04/210.76 mi30, Grasmere Avenue, London, Greater London SW19 3DX4
£478K08/220.78 mi20c, Love Lane, Mitcham, Greater London CR4 3AG4
£755K03/230.78 mi31, Baron Grove, Mitcham, Greater London CR4 4EH4
£946K10/210.78 mi51, Daybrook Road, London, Greater London SW19 3DJ4
£228K01/230.79 mi93, Torrington Way, Morden, Greater London SM4 5QA4
£1.1M06/210.79 mi60, Daybrook Road, London, Greater London SW19 3DH4
£468K09/210.81 mi6, Stoneleigh Road, Carshalton, Greater London SM5 1LB4
£860K01/210.82 mi97, Maycross Avenue, Morden, Greater London SM4 4DF4
£480K05/210.86 mi41, Miles Road, Mitcham, Greater London CR4 3DA4
£780K02/210.86 mi23, Sandbourne Avenue, Merton Park, London, Greater London SW19 3EW4
£555.3K06/210.88 mi15, Holne Chase, Morden, Greater London SM4 5QB4
£1.1M11/210.88 mi3, Wessex Avenue, London, Greater London SW19 3DT4
£1.1M04/240.88 mi24, Wessex Avenue, London, Greater London SW19 3DT4
£532.5K01/210.91 mi48, Glebe Avenue, Mitcham, Greater London CR4 3DY4
£510K09/220.91 mi25, Denham Crescent, Mitcham, Greater London CR4 4LZ4
£557K08/230.92 mi36, Rosehill Avenue, Sutton, Greater London SM1 3HG4
£460K06/210.92 mi14, Twyford Road, Carshalton, Greater London SM5 1QB4
£530K11/200.93 mi143, Rutland Drive, Morden, Greater London SM4 5QQ4
£500K03/230.95 mi82, Love Lane, Morden, Greater London SM4 6LS4
£620K02/210.95 mi18, Maycross Avenue, Morden, Greater London SM4 4DA4
£495K10/200.96 mi3, Cotton Close, Mitcham, Greater London CR4 3GR4
£1.3M12/220.97 mi17, Tybenham Road, Merton Park, London, Greater London SW19 3LB4
£610K04/230.97 mi32, Rutland Drive, Morden, Greater London SM4 5QH4
£900K09/230.98 mi170, Dorset Road, London, Greater London SW19 3EF4
£472.5K05/210.99 mi50, Sheldrick Close, London, Greater London SW19 2UG4
£745K10/201 mi20, Leamington Avenue, Morden, Greater London SM4 4DW4

Local Rents

51 rents from £1.5K/mo to £3.5K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,25008/240.06 mi-3
£2,25008/240.06 miRavensbury Avenue, Morden, SM43
£2,53004/250.12 mi-3
£2,20003/250.14 mi-3
£2,30004/250.15 mi-3
£2,35009/240.17 miCanterbury Road, Morden3
£2,40010/240.17 mi-3
£1,90008/240.2 mi-3
£2,27501/250.2 mi-3
£2,27502/250.2 mi-3
£2,20009/240.21 mi-3
£3,50008/240.22 mi-5
£1,90003/250.23 mi-3
£2,85008/240.25 miWandle Road, Morden4
£2,25008/240.32 miHazelwood Avenue, Morden, SM43
£2,75009/240.34 mi-4
£1,80003/250.35 mi-3
£2,00009/240.35 miFarm Road, Morden3
£2,60009/240.37 mi-3
£2,10004/250.4 mi-4
£2,10004/250.4 mi-4
£3,30004/250.42 mi-3
£3,30004/250.42 mi-3
£3,00008/240.42 mi-4
£2,50008/240.43 miAbbotsbury Road, Morden, Morden3
£2,20009/240.43 miBordesley Road, Morden, SM43
£2,85001/250.44 mi-3
£2,10008/240.45 miMontacute Road, MORDEN3
£1,85002/240.46 mi-3
£2,80010/240.46 mi-3
£2,80010/240.46 mi-3
£2,80002/250.46 mi-4
£3,00001/250.5 mi-4
£3,00001/250.5 mi-4
£3,00001/250.5 mi-4
£2,30009/240.5 miFurness Road, Morden, SM43
£2,30010/240.5 mi-3
£2,40009/240.5 miCentral Road, MORDEN3
£2,00004/250.52 mi-3
£1,99504/250.52 mi-3
£2,30009/240.54 miFurness Road, Morden, SM43
£1,79908/240.55 mi-3
£2,50009/240.56 miNetley Gardens3
£2,40009/240.57 miMiddleton Road, Morden, Surrey, SM43
£1,79908/240.57 mi-3
£2,50012/240.57 miSaxonbury Close, MITCHAM3
£2,60004/250.58 mi-4
£2,70004/250.58 mi-3
£2,45004/240.59 miGale Close, Mitcham4
£2,30009/240.59 miRosedean Avenue4
£1,50010/230.59 miRiverside Drive, Mitcham, CR43

Local Area Statistics

Population in SM4

36,292

Town centre distance

0.66 miles away

Nearest school

0.30 miles away

Nearest train station

0.50 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £615,000

March 14, 2025

Floor Plans

Description

  • Detached Bunaglow +
  • Four Bedrooms +
  • Off-Street Parking +
  • Large Private Garden +
  • Potential to Extend (STPP) +
  • Desirable Location in Quiet Cul-de-Sac +
  • No Onward Chain +
  • Freehold +
  • EPC Rating - D +
  • Merton Council Tax Band - E +

A rarely available four bedroom detached bungalow with a large 65 ft garden and off street parking for multiple cars, enviably located on a quiet cul-de-sac in the ‘Wandle Road’ area of Morden. Featuring tiled flooring in the reception and hallways, a separate kitchen and family bathroom plus three double bedrooms (one with en-suite) and a further fourth single/study room, all with double glazing. Doors open out onto a superb east facing garden with side access, and further potential to extend (subject to planning permission). Offered to the market with no onward chain, an early viewing is highly recommended.

Agent Details

Ellisons, Morden

020 3870 3951

Next Steps?

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