5 Bed Terraced House, Single Let, Mitcham, CR4 4BT, £310,000

Brookfields Avenue, MITCHAM, CR4 4BT - 13 days ago

Auction
BTL
ROI: 3%
~178 m²
+7 photos

ValuationUndervalued

Sold Prices£210.2K - £1.3M
Sold Prices/m²£3.9K/m² - £11.9K/m²

 

 

Square Metres

~178.28 m²
Price/m²£1.7K/m²

Value Estimate

£387,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£77,500

Stamp Duty & Legal Fees

£19,700

Total Cash In

£97,200

 

 

Cash Out

 

Rent Range

£1,500 - £5,800

Rent Estimate

£1,538

Running Costs/mo

£1,296

Cashflow/mo

£242

Cashflow/yr

£2,900

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £210.2K to £1.3M, average is £717.5K. £3.9K/m² to £11.9K/m², average is £5.9K/m².

PriceDateDistanceAddressBeds 
£625K10/200.11 mi36, Mitcham Park, Mitcham, Greater London CR4 4EJ5
£620K09/220.16 mi3, Riverside Drive, Mitcham, Greater London CR4 4BR5
£860K06/210.39 mi38, Wandle Road, Morden, Greater London SM4 6AQ5
£850K02/230.44 mi32, Pollard Road, Morden, Greater London SM4 6EG5
£900K04/230.47 mi22, Seddon Road, Morden, Greater London SM4 6EE5
£630K02/230.48 mi84, Langdale Avenue, Mitcham, Greater London CR4 4AF5
£822.5K12/220.49 mi21, Morton Road, Morden, Greater London SM4 6EF5
£525K03/230.89 mi16, Laings Avenue, Mitcham, Greater London CR4 3EP5
£625K08/221.05 mi5, Lavender Avenue, Mitcham, Greater London CR4 3HL5
£523.5K05/211.1 mi76, Sherwood Park Road, Mitcham, Greater London CR4 1NA5
£605K03/211.15 mi41, Franklin Crescent, Mitcham, Greater London CR4 1ND5
£710K07/231.15 mi41, Franklin Crescent, Mitcham, Greater London CR4 1ND5
£290.7K12/221.15 mi37, Franklin Crescent, Mitcham, Greater London CR4 1ND5
£820K10/231.18 mi146, Kenley Road, London, Greater London SW19 3DL5
£570K03/231.22 mi121, Manor Road, Mitcham, Greater London CR4 1JD5
£498K05/211.23 mi58, Abbotts Road, Mitcham, Greater London CR4 1JU5
£550K07/211.24 mi136, Culvers Avenue, Carshalton, Greater London SM5 2BD5
£210.2K10/201.29 mi29, Robinhood Lane, Mitcham, Greater London CR4 1JL5
£685K03/211.31 mi25, Manship Road, Mitcham, Greater London CR4 2AZ5
£830K08/231.33 mi44, Fortescue Road, London, Greater London SW19 2EB5
£700K03/211.34 mi109, Edgehill Road, Mitcham, Greater London CR4 2HZ5
£585K04/211.34 mi18, Ash Close, Carshalton, Greater London SM5 2AJ5
£750K10/211.35 mi73, Grasmere Avenue, London, Greater London SW19 3DY5
£950K08/211.37 mi82, Sandbourne Avenue, Merton Park, London, Greater London SW19 3EN5
£1.3M08/231.37 mi8, Sandbourne Avenue, Merton Park, London, Greater London SW19 3EN5
£850K05/231.4 mi186, Dorset Road, London, Greater London SW19 3EF5
£815K07/231.41 mi188, Poplar Road South, London, Greater London SW19 3JY5
£1.1M07/231.41 mi6, Wessex Avenue, London, Greater London SW19 3DT5
£680K12/201.43 mi2, St Olaves Walk, London, Greater London SW16 5QQ5
£707.5K03/211.49 mi19, Pitcairn Road, Mitcham, Greater London CR4 3LN5
£785K03/241.49 mi76, Devonshire Road, Colliers Wood, London, Greater London SW19 2EF5
£725K06/231.5 mi123, Longthornton Road, London, Greater London SW16 5QF5
£850K06/211.51 mi130, Maycross Avenue, Morden, Greater London SM4 4DB5
£632K03/211.52 mi14, Melrose Avenue, Mitcham, Greater London CR4 2EG5
£950K06/221.52 mi79, Rose Hill Park West, Sutton, Greater London SM1 3LA5
£660K07/231.52 mi32, Prince Of Wales Road, Sutton, Greater London SM1 3PA5
£925K01/241.53 mi17, North Gardens, London, Greater London SW19 2NR5
£1.1M03/231.56 mi25, Harewood Road, Colliers Wood, London, Greater London SW19 2HD5
£580K09/211.56 mi85, Park Avenue, Mitcham, Greater London CR4 2ES5
£1.2M03/211.56 mi106, Dorset Road, London, Greater London SW19 3HD5
£855K03/231.6 mi18, Rosehill Gardens, Sutton, Greater London SM1 3JZ5
£850K11/201.61 mi37, Park Road, London, Greater London SW19 2HS5
£555.3K06/211.61 mi15, Holne Chase, Morden, Greater London SM4 5QB5
£1.3M09/211.62 mi8, Poplar Road, London, Greater London SW19 3JR5
£620K03/211.66 mi48, Hillcross Avenue, Morden, Greater London SM4 4EB5
£530K04/211.66 mi96, Surrey Grove, Sutton, Greater London SM1 3PN5
£600K06/211.66 mi70, Morden Way, Sutton, Greater London SM3 9PG5
£740K03/211.66 mi260, Links Road, London, Greater London SW17 9ER5
£970K11/201.69 mi30, Melbourne Road, London, Greater London SW19 3BA5
£755K08/231.71 mi256, Streatham Road, London, Greater London SW16 6NY5

Local Rents

37 rents from £1.5K/mo to £5.8K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,35002/250.06 mi-3
£2,45005/240.12 miRiverside Drive, Mitcham3
£5,80001/250.16 mi-6
£5,80001/250.16 mi-6
£2,10005/240.18 miCaesars Walk, Mitcham3
£1,50010/230.19 miRiverside Drive, Mitcham, CR43
£2,87503/250.3 mi-4
£2,40012/240.3 miBroadway Gardens, Mitcham, Merton, CR43
£4,80003/240.32 miLondon Road, Mitcham, Surrey, CR43
£2,00003/240.32 miCricket Green, Mitcham, Surrey, CR43
£4,50002/240.33 mi-3
£4,50005/240.33 mi-3
£2,35004/240.4 miCricket Green, MITCHAM3
£1,85002/240.41 mi-3
£3,00008/240.43 mi-4
£2,40003/240.49 miQueen Annes Gardens, Mitcham, CR43
£2,80012/240.49 mi-4
£2,40003/240.5 miQueen Annes Gardens, Mitcham, Surrey, CR43
£2,45002/250.51 mi-3
£2,85008/240.52 miWandle Road, Morden4
£2,50012/240.55 mi-3
£2,50012/240.55 mi-3
£2,50012/240.55 mi-3
£2,50012/240.55 mi-3
£2,50012/240.55 mi-3
£1,50012/240.55 mi-3
£2,20003/250.56 mi-3
£2,40005/240.56 miLangdale Avenue, Mitcham, Surrey, CR43
£3,50008/240.56 mi-5
£2,60003/250.57 mi-4
£2,27501/250.58 mi-3
£2,27502/250.58 mi-3
£1,95005/240.6 miMiles Road, Mitcham, Surrey, CR43
£2,45004/240.61 miGale Close, Mitcham4
£2,19505/240.61 miCommonside East, MITCHAMN/A
£1,60003/250.62 mi-3
£1,60004/250.62 mi-3

Local Area Statistics

Population in CR4

58,286

Town centre distance

0.61 miles away

Nearest school

0.10 miles away

Nearest train station

0.14 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £310,000

March 20, 2025

Description

  • AUCTION SALE +
  • 15 April 2025 +
  • By order of a major housing association. +
  • EPC Rating - D +
  • To view: Mon 24/3 at 2:45pm +

SUMMARY
AUCTION SALE 15 April 2025 - Freehold three floor 4/5 bed end terrace townhouse requiring updating
Full vacant possession

DESCRIPTION
Freehold three floor 4/5 bed end terrace townhouse requiring updating
Full vacant possession

Location:
The property is situated on Brookfields Avenue, well positioned for the amenities of Mitcham, Merton, Morden, Wimbledon, Streatham, Croydon and Colliers Wood. Transport options include local bus routes, Mitcham Junction rail station, Mitcham Tram station (to Wimbledon, Croydon and Beckenham Junction), South Wimbledon or Colliers Wood London Underground Station (Northern Line) or road links via the A24, A297 or A214. Recreational pursuits can be found at Morden Hall Park or Mitcham Common.

Accommodation:
Second floor: Three bedrooms
First floor: Two bedrooms, bathroom/WC
Ground floor: Entrance hall, reception room, kitchen, cloakroom/WC
Outside: Front and rear garden, shed.

EPC rating: D

Council Tax Band: D

Tenure:
Freehold (some estate service charges may apply – refer to legal pack)

To view: Mon 24/3 at 2:45pm
No booking required - Please arrive at the time stated

Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Barnard Marcus, Hammersmith Auctions

020 3866 9305

Next Steps?

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