4 Bed Terraced House, Planning Permission, Mitcham, CR4 3AN, £470,000

2 Queen Annes Gardens, Mitcham, Greater London, CR4 3AN - 8 views - a year ago

Planning

79 m²

+14 photos

ValuationOvervalued

Sold Prices	£350K - £924K
Sold Prices/m²	£4.2K/m² - £9.9K/m²

Square Metres	79 m²
Price/m²	£5.9K/m²
Value Estimate	£423,505£423,505

Investment Opportunity

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£117,500£117,500
Stamp Duty & Legal Fees	£26,300£26,300
Total Cash In	£143,800£143,800

Cash Out
Rent Range	£1,500 - £4,800£1,500 - £4,800
Rent Estimate	£1,774
Running Costs/mo	£1,844£1,844
Cashflow/mo	£-70£-70
Cashflow/yr	£-835£-835
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £350K to £924K, average is £542.5K. £4.2K/m² to £9.9K/m², average is £5.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£495K	10/20	0.19 mi	3, Cotton Close, Mitcham, Greater London CR4 3GR	£4,381	113	4	Terraced House
£605K	08/21	0.2 mi	27, Albert Road, Mitcham, Greater London CR4 4AL	£6,318	96	4	Terraced House
£490K	06/21	0.2 mi	59, Albert Road, Mitcham, Greater London CR4 4AL	£4,375	112	4	Terraced House
£478K	08/22	0.23 mi	20c, Love Lane, Mitcham, Greater London CR4 3AG	-	-	4	Semi-Detached House
£480K	05/21	0.23 mi	41, Miles Road, Mitcham, Greater London CR4 3DA	£5,783	83	4	Semi-Detached House
£755K	03/23	0.34 mi	31, Baron Grove, Mitcham, Greater London CR4 4EH	-	-	4	Detached House
£860K	06/21	0.35 mi	8, Baron Grove, Mitcham, Greater London CR4 4EH	£6,324	136	4	Detached House
£860K	06/21	0.36 mi	8, Baron Grove, Mitcham, Greater London CR4 4EH	£6,324	136	4	Detached House
£532.5K	01/21	0.38 mi	48, Glebe Avenue, Mitcham, Greater London CR4 3DY	£4,475	119	4	Semi-Detached House
£570K	03/23	0.43 mi	14, Mortimer Road, Mitcham, Greater London CR4 3HS	£7,325	78	4	Terraced House
£510K	09/22	0.43 mi	25, Denham Crescent, Mitcham, Greater London CR4 4LZ	£5,878	87	4	Semi-Detached House
£545K	12/20	0.45 mi	29, Hallowell Close, Mitcham, Greater London CR4 2QD	£4,291	127	4	Terraced House
£510K	06/21	0.45 mi	21, Hallowell Close, Mitcham, Greater London CR4 2QD	£6,251	82	4	Semi-Detached House
£510K	11/21	0.46 mi	45, Lansdell Road, Mitcham, Greater London CR4 2JF	£5,977	85	4	Terraced House
£513K	06/21	0.5 mi	20, Mount Road, Mitcham, Greater London CR4 3EY	£5,060	101	4	Semi-Detached House
£532.5K	10/22	0.56 mi	11, Caesars Walk, Mitcham, Greater London CR4 4LF	£4,551	117	4	Semi-Detached House
£555K	11/22	0.56 mi	8, Kings Road, Mitcham, Greater London CR4 1SN	£5,045	110	4	Detached House
£350K	03/21	0.56 mi	15, Saxonbury Close, Mitcham, Greater London CR4 3QL	-	-	4	Semi-Detached House
£670K	07/22	0.57 mi	55, Veals Mead, Mitcham, Greater London CR4 3SB	£6,907	97	4	Detached House
£625K	12/20	0.57 mi	26, Graham Road, Mitcham, Greater London CR4 2HA	£4,237	148	4	Terraced House
£545K	12/20	0.58 mi	39, Caesars Walk, Mitcham, Greater London CR4 4LF	£4,225	129	4	Terraced House
£640K	02/21	0.59 mi	17, Graham Road, Mitcham, Greater London CR4 2HB	£5,714	112	4	Terraced House
£520K	06/21	0.62 mi	26, Veals Mead, Mitcham, Greater London CR4 3SB	£5,049	103	4	Terraced House
£520K	12/20	0.62 mi	55, Veals Mead, Mitcham, Greater London CR4 3SB	£5,361	97	4	Detached House
£400K	05/21	0.63 mi	37, Fernlea Road, Mitcham, Greater London CR4 2HF	£4,575	87	4	Terraced House
£720K	07/22	0.63 mi	6, Graham Avenue, Mitcham, Greater London CR4 2HG	-	-	4	Semi-Detached House
£562K	01/23	0.64 mi	13, Graham Avenue, Mitcham, Greater London CR4 2HJ	-	-	4	Terraced House
£525K	05/21	0.66 mi	189, Commonside East, Mitcham, Greater London CR4 1HB	£4,412	119	4	Semi-Detached House
£520K	06/21	0.67 mi	61, Tamworth Lane, Mitcham, Greater London CR4 1DG	£4,370	119	4	Semi-Detached House
£472.5K	05/21	0.7 mi	50, Sheldrick Close, London, Greater London SW19 2UG	£5,123	92	4	Terraced House
£510K	06/23	0.72 mi	21, Pentlands Close, Mitcham, Greater London CR4 1HW	-	-	4	Terraced House
£540K	03/23	0.72 mi	27, Wilson Avenue, Mitcham, Greater London CR4 3JL	-	-	4	Terraced House
£562.5K	06/23	0.72 mi	54, Wilson Avenue, Mitcham, Greater London CR4 3JL	£6,696	84	4	Semi-Detached House
£585K	01/21	0.73 mi	112, Heathfield Drive, Mitcham, Greater London CR4 3RG	£5,735	102	4	Terraced House
£500K	06/21	0.74 mi	106, Heathfield Drive, Mitcham, Greater London CR4 3RG	£6,872	73	4	Terraced House
£799K	09/23	0.76 mi	5, Palestine Grove, London, Greater London SW19 2QN	£9,577	83	4	Terraced House
£469.5K	03/21	0.77 mi	34, Crossways Road, Mitcham, Greater London CR4 1DQ	-	-	4	Semi-Detached House
£600K	06/21	0.81 mi	19, Liberty Avenue, London, Greater London SW19 2QS	-	-	4	Terraced House
£622K	06/21	0.81 mi	37, Pollard Road, Morden, Greater London SM4 6EG	£4,443	140	4	Semi-Detached House
£450K	03/23	0.81 mi	65, Streatham Road, Mitcham, Greater London CR4 2AH	-	-	4	Detached House
£640K	11/20	0.83 mi	19, Milner Road, Morden, Greater London SM4 6EN	£4,672	137	4	Detached House
£530K	12/20	0.85 mi	23, Edward Avenue, Morden, Greater London SM4 6EP	£4,690	113	4	Semi-Detached House
£540K	02/21	0.86 mi	35, Alexandra Road, Mitcham, Greater London CR4 3LT	-	-	4	Terraced House
£517K	06/21	0.88 mi	39, Victoria Road, Mitcham, Greater London CR4 3JB	£5,069	102	4	Semi-Detached House
£924K	03/24	0.88 mi	43, Courtney Road, London, Greater London SW19 2EE	£9,935	93	4	Terraced House
£823K	01/23	0.88 mi	104, Clarendon Road, London, Greater London SW19 2DY	£8,991	92	4	Terraced House
£830K	08/21	0.89 mi	85, Fortescue Road, London, Greater London SW19 2EA	£8,469	98	4	Terraced House
£650K	06/21	0.89 mi	44, The Drive, Morden, Greater London SM4 6DJ	£9,559	68	4	Semi-Detached House
£612K	06/21	0.96 mi	28, Leonard Avenue, Morden, Greater London SM4 6DW	-	-	4	Detached House
£687.5K	03/21	0.96 mi	12, Clarendon Road, London, Greater London SW19 2DU	£7,392	93	4	Terraced House

Local Rents

50 rents from £1.5K/mo to £4.8K/mo, average is £2.4K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,400	03/24	0.01 mi	Queen Annes Gardens, Mitcham, Surrey, CR4	3	Flat
£2,400	03/24	0.01 mi	Queen Annes Gardens, Mitcham, CR4	3	Flat
£2,500	12/24	0.05 mi	-	3	Flat
£2,500	12/24	0.05 mi	-	3	Flat
£2,500	12/24	0.05 mi	-	3	Flat
£2,500	12/24	0.05 mi	-	3	Flat
£2,500	12/24	0.05 mi	-	3	Flat
£1,500	12/24	0.05 mi	-	3	Flat
£2,600	03/25	0.08 mi	-	4	Terraced House
£2,800	12/24	0.09 mi	-	4	Terraced House
£2,350	04/24	0.14 mi	Cricket Green, MITCHAM	3	House
£1,600	03/25	0.16 mi	-	3	Flat
£1,600	04/25	0.16 mi	-	3	Flat
£2,400	05/24	0.16 mi	Langdale Avenue, Mitcham, Surrey, CR4	3	Flat
£4,500	02/24	0.17 mi	-	3	Flat
£4,500	05/24	0.17 mi	-	3	Flat
£4,800	03/24	0.18 mi	London Road, Mitcham, Surrey, CR4	3	Flat
£2,450	02/25	0.19 mi	-	3	Terraced House
£2,000	03/24	0.19 mi	Cricket Green, Mitcham, Surrey, CR4	3	Semi-Detached House
£2,400	12/24	0.22 mi	Broadway Gardens, Mitcham, Merton, CR4	3	Terraced House
£2,750	04/25	0.26 mi	-	3	Terraced House
£2,400	04/24	0.27 mi	Montrose Gardens, Mitcham, CR4	3	Terraced House
£2,400	03/24	0.28 mi	Rodney Road, Mitcham, Surrey, CR4	3	Terraced House
£1,950	05/24	0.28 mi	Miles Road, Mitcham, Surrey, CR4	3	Terraced House
£2,195	05/24	0.29 mi	Commonside East, MITCHAM	N/A	House
£2,400	03/24	0.29 mi	Rodney Road, MITCHAM	3	Terraced House
£1,675	03/24	0.32 mi	Hilary Avenue, Mitcham	3	Flat
£2,000	05/24	0.34 mi	Lewis Road, Tooting	3	Semi-Detached House
£2,597	01/25	0.36 mi	-	4	Terraced House
£2,200	04/24	0.37 mi	St Marks Road, Mitcham, Surrey, CR4	3	House
£3,250	01/25	0.37 mi	-	5	Terraced House
£2,600	05/24	0.37 mi	159 Commonside East Mitcham CR4	3	Flat
£1,900	12/24	0.38 mi	-	3	Flat
£2,500	03/24	0.39 mi	Bond Road, Mitcham	4	Flat
£2,400	02/24	0.39 mi	-	3	Terraced House
£2,400	03/24	0.4 mi	Dalton Avenue, Mitcham, CR4	4	Terraced House
£2,350	12/24	0.41 mi	-	3	Terraced House
£2,400	03/24	0.42 mi	Dalton Avenue, Mitcham, CR4	4	Terraced House
£2,400	03/24	0.43 mi	Dalton Avenue, Mitcham	4	Terraced House
£1,770	03/24	0.43 mi	Armfield Crescent, Mitcham, CR4	3	Flat
£2,400	04/24	0.44 mi	Ashtree Avenue, Mitcham, CR4	4	Terraced House
£3,400	04/24	0.45 mi	Hallowell Close Mitcham CR4	4	House
£3,900	05/24	0.45 mi	Hallowell Close Mitcham CR4	5	House
£4,400	05/24	0.45 mi	Hallowell Close Mitcham CR4	6	House
£2,350	02/25	0.45 mi	-	3	Terraced House
£2,400	03/24	0.46 mi	-	3	Terraced House
£2,500	03/25	0.47 mi	-	3	Terraced House
£3,500	03/24	0.47 mi	-	4	Terraced House
£3,500	04/24	0.47 mi	-	4	Detached House
£3,500	03/24	0.47 mi	Lammas Avenue, Mitcham	4	Flat

Local Area Statistics

Population in CR4	58,28658,286
Town centre distance	0.59 miles away0.59 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.47 miles away0.47 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+4%+4%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+18%+18%

Property History

Listed for £470,000

March 25, 2024

Sold for £215,500

2011

Floor Plans

Description

Recently Refurbished +

*Guide Price of £470,000 - £490,000*

Spacious 4 bed 2 reception end of terrace house with a driveway, Mitcham CR4.

Moving Inn are proud to offer this four bedroom end of terrace family home with off road parking, conveniently positioned within the cricket green conservation area and Mitchams historic Cricket Green. The property boasts 3 double bedrooms, 1 single bedroom, bright and airy open plan kitchen and lounge leading onto a vast 2209 SQ FT rear garden, another large reception room and a family bathroom.

The property has got a potential to extend subject to a planning permission.

The property further benefits from having a driveway and a brand new Vaillant boiler fitted in January 2021.

This property is offered to the market with no onward chain.

Located with 0.6 Miles of Mitcham Tram stop and green open Spaces of Morden Hall Park and Mitcham Common, this property would be ideal for an investor or a First time buyers alike.

Tenure: Freehold

EPC rating: D

Council tax: Merton Council, band D

Notice: All photographs, measurements and furniture in this advert are provided for guidance only.

Agent Details

Moving Inn, London

020 3834 8316

Next Steps?

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