4 Bed Terraced House, Single Let, Mitcham, CR4 3BZ, £700,000

Homefield Gardens, Mitcham, CR4 3BZ - 4 views - 6 months ago

Under Offer
BTL
~129 m²
+6 photos

ValuationUndervalued

Sold Prices£350K - £1.6M
Sold Prices/m²£4.4K/m² - £13.5K/m²

 

 

Square Metres

~129.26 m²
Price/m²£5.4K/m²

Value Estimate

£887,498
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£175,000

Stamp Duty & Legal Fees

£46,700

Total Cash In

£221,700

 

 

Cash Out

 

Rent Range

£799 - £4,850

Rent Estimate

£1,675

Running Costs/mo

£2,543

Cashflow/mo

£-867

Cashflow/yr

£-10,410

Gross Yield

3%

Local Sold Prices

51 sold prices from £350K to £1.6M, average is £830K. £4.4K/m² to £13.5K/m², average is £6.9K/m².

PriceDateDistanceAddressBeds 
£472.5K05/210.07 mi50, Sheldrick Close, London, Greater London SW19 2UG4
£799K09/230.24 mi5, Palestine Grove, London, Greater London SW19 2QN4
£600K06/210.26 mi19, Liberty Avenue, London, Greater London SW19 2QS4
£513K06/210.31 mi20, Mount Road, Mitcham, Greater London CR4 3EY4
£532.5K01/210.34 mi48, Glebe Avenue, Mitcham, Greater London CR4 3DY4
£350K03/210.38 mi15, Saxonbury Close, Mitcham, Greater London CR4 3QL4
£480K05/210.49 mi41, Miles Road, Mitcham, Greater London CR4 3DA4
£946K10/210.52 mi51, Daybrook Road, London, Greater London SW19 3DJ4
£900K09/230.52 mi170, Dorset Road, London, Greater London SW19 3EF4
£495K10/200.53 mi3, Cotton Close, Mitcham, Greater London CR4 3GR4
£1.1M06/210.54 mi60, Daybrook Road, London, Greater London SW19 3DH4
£830K08/210.55 mi85, Fortescue Road, London, Greater London SW19 2EA4
£478K08/220.58 mi20c, Love Lane, Mitcham, Greater London CR4 3AG4
£850K11/230.58 mi17, Laburnum Road, London, Greater London SW19 1BH4
£585K01/210.59 mi112, Heathfield Drive, Mitcham, Greater London CR4 3RG4
£823K01/230.6 mi104, Clarendon Road, London, Greater London SW19 2DY4
£500K06/210.61 mi106, Heathfield Drive, Mitcham, Greater London CR4 3RG4
£965K08/230.62 mi102, Hardy Road, London, Greater London SW19 1HZ4
£780K02/210.62 mi23, Sandbourne Avenue, Merton Park, London, Greater London SW19 3EW4
£1.1M04/230.63 mi17, Bathurst Avenue, London, Greater London SW19 3AE4
£520K12/200.63 mi55, Veals Mead, Mitcham, Greater London CR4 3SB4
£520K06/210.63 mi26, Veals Mead, Mitcham, Greater London CR4 3SB4
£872K02/210.63 mi19, Gilbert Road, London, Greater London SW19 1BP4
£990K03/210.64 mi19, Queensland Avenue, London, Greater London SW19 3AD4
£670K07/220.64 mi55, Veals Mead, Mitcham, Greater London CR4 3SB4
£1.4M12/220.65 mi102, Dorset Road, London, Greater London SW19 3HD4
£570K03/230.65 mi14, Mortimer Road, Mitcham, Greater London CR4 3HS4
£924K03/240.66 mi43, Courtney Road, London, Greater London SW19 2EE4
£682K03/230.66 mi18, Milner Road, London, Greater London SW19 3AA4
£835K07/230.66 mi3, Valley Gardens, London, Greater London SW19 2NS4
£540K03/230.67 mi27, Wilson Avenue, Mitcham, Greater London CR4 3JL4
£562.5K06/230.67 mi54, Wilson Avenue, Mitcham, Greater London CR4 3JL4
£1.6M07/230.67 mi81, Dorset Road, London, Greater London SW19 3HE4
£1.1M11/210.67 mi3, Wessex Avenue, London, Greater London SW19 3DT4
£1.1M04/240.67 mi24, Wessex Avenue, London, Greater London SW19 3DT4
£987.1K05/230.69 mi5, Brisbane Avenue, London, Greater London SW19 3AF4
£827.5K08/230.69 mi53, Brisbane Avenue, London, Greater London SW19 3AF4
£827.5K08/230.69 mi53, Brisbane Avenue, London, Greater London SW19 3AF4
£865K06/210.69 mi9, North Gardens, London, Greater London SW19 2NR4
£1.2M03/210.7 mi27, Melbourne Road, London, Greater London SW19 3BB4
£1.4M09/230.7 mi37, Melbourne Road, London, Greater London SW19 3BB4
£850K11/200.7 mi88, Norman Road, London, Greater London SW19 1BT4
£1.3M09/230.72 mi6, Boscombe Road, London, Greater London SW19 3AX4
£540K02/210.73 mi35, Alexandra Road, Mitcham, Greater London CR4 3LT4
£687.5K03/210.74 mi12, Clarendon Road, London, Greater London SW19 2DU4
£950K12/200.75 mi9, Quicks Road, London, Greater London SW19 1EZ4
£1.0M09/230.75 mi21, Quicks Road, London, Greater London SW19 1EZ4
£632.5K09/230.76 mi114, High Street Colliers Wood, London, Greater London SW19 2BW4
£1.1M08/210.76 mi25, Kirkley Road, London, Greater London SW19 3AZ4
£860K09/230.76 mi25, Grasmere Avenue, London, Greater London SW19 3DY4
£1.1M03/230.77 mi79, Poplar Road, London, Greater London SW19 3JS4

Local Rents

51 rents from £799/mo to £4.8K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£1,85005/240.2 miPhipps Bridge Road, Mitcham, CR43
£2,30003/250.2 mi-3
£2,30009/240.23 miNew Close, Colliers Wood, London, SW193
£2,65010/240.24 mi-3
£2,80009/240.24 mi-3
£2,00010/240.24 mi-3
£1,97503/240.25 miOakwood Avenue, MITCHAM3
£2,50012/240.26 mi-3
£2,40012/240.26 mi-3
£1,80005/240.26 miOakwood Avenue, Colliers Wood Borders3
£2,60009/240.26 miRunnymede, Colliers Wood, London, SW193
£2,40003/240.26 mi-3
£2,60009/240.28 mi-3
£1,80009/240.28 miLiberty Avenue, Colliers Wood, London, SW193
£2,65003/240.29 miMount Road, MITCHAM4
£4,35809/240.3 mi-5
£4,85009/240.3 miLiberty Avenue, London, SW195
£79909/240.3 mi-5
£2,40004/240.31 miAshtree Avenue, Mitcham, CR44
£2,35012/240.31 mi-3
£2,20003/250.32 mi-3
£2,20003/250.32 mi-3
£2,20003/250.32 mi-3
£1,80005/240.32 mi-3
£1,80005/240.32 mi-3
£2,50003/250.32 mi-3
£3,00012/240.34 mi-4
£2,40003/240.34 miDalton Avenue, Mitcham, CR44
£2,40003/240.34 miDalton Avenue, Mitcham4
£2,40003/240.36 miDalton Avenue, Mitcham, CR44
£2,50012/240.4 miSaxonbury Close, MITCHAM3
£2,55005/240.4 miMortlake Drive, Mitcham, Surrey, CR44
£2,00005/240.4 miLewis Road, Tooting3
£2,70003/250.4 mi-3
£2,40003/240.43 miRodney Road, MITCHAM3
£3,10012/240.43 mi-4
£2,40003/240.44 miRodney Road, Mitcham, Surrey, CR43
£2,40009/240.44 miNelson Grove Road, South Wimbledon, London, SW193
£2,70001/250.44 mi-3
£4,10011/240.44 mi-4
£2,75005/240.45 miSilbury Avenue, Colliers Wood Borders4
£2,50002/250.45 mi-4
£2,45004/240.46 miGale Close, Mitcham4
£1,95005/240.46 miMiles Road, Mitcham, Surrey, CR43
£2,70003/240.46 miSilbury Avenue, Mitcham, Surrey, CR44
£2,62503/250.47 mi-5
£2,75004/250.47 mi-3
£2,10004/250.47 mi-3
£2,74909/240.48 miCroft Road, London, SW193
£2,74909/240.48 mi-3
£2,00003/240.5 miLavendar Avenue, Mitcham, CR43

Local Area Statistics

Population in CR4

58,286

Town centre distance

1.31 miles away

Nearest school

0.10 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Price changed to £700,000

January 3, 2025

Listed for £725,000

October 1, 2024

Floor Plans

Description

  • Four Bedroom House +
  • Driveway +
  • Private Garden +
  • Two Bathrooms +
  • Garage +
  • Summer House +

A stunning, fully renovated four bedroom extended family home located in a sought after area on the borders of Colliers Wood, close to the Tube Station and High Street. Close to Merton Abbey Mills, Deen City Farm, retail parks and excellent schools. The property benefits from a brand new kitchen and bathrooms, low maintenance and south-facing garden, with a double driveway, a summer house and a large double-garage with rear access. The property benefits from a C rated EPC and is chain free.

Agent Details

Marsh & Parsons, Tooting

020 8767 3655

Next Steps?

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