London Road, Morden
EL

London Road, Morden

By Ellisons

£ 340,000

Reviews

3 out of 5 stars

Ellisons says ..

Spacious three bedroom top floor purpose built apartment with balcony in the heart of Morden Town Centre. Walking distance to the Northern Line tube station and the local shops, bars and restaurants that Morden has to offer. Well presented throughout and being sold with the benefit of a new 125 y...

Property Oracle says ..

This three-bedroom apartment is located on London Road in Morden, a town in the Merton borough of London. The property benefits from being close to Morden tube station (Northern Line), providing convenient access to central London. The local area offers shops, bars, and restaurants, as indicated by nearby listings. Several schools are within a reasonable distance, including Perseid School (Outstanding Ofsted rating). The apartment itself appears to be in reasonably good condition based on the provided images, though some minor updates or cosmetic improvements might enhance its appeal. The apartment includes a balcony, offering some outdoor space, although it is not a large garden. The list price of £340,000 is significantly below the average house price in the area (£647,749), and the price per square foot is also lower than the average (£701). However, it is important to note that the average price and price per square foot are based on all properties, not just apartments. Considering the location, condition, and relatively small size of the property, the list price may represent reasonable value for money, although it is worth noting that the lack of a significant garden might influence some buyers.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
7
Location
8
Land
3
Bedrooms
3
Bathrooms
1
Sqft (est)
840.02

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
550,612.00 £
Decreased by 24.97 %
from 733,864.00 £
Est sale value
563,653.42 £
Increased by 2.44 %
from 550,213.10 £
Average area rental value
3,214.00 £/mo
Increased by 29.81 %
from 2,476.00 £/mo
Est letting value
2,520.06 £/mo
Increased by 50.00 %
from 1,680.04 £/mo
Est rental Yield
7.00 %
Increased by 72.84 %
from 4.05 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Ellisons marked this listing as sold.

  • Ellisons created the listing.

Nearby Schools

NameTypeOfstedDistance
Perseid SchoolCommunity Special SchoolOutstanding0.37 KM
Poplar Primary SchoolCommunity SchoolGood0.49 KM
Abbotsbury Primary SchoolCommunity SchoolGood0.52 KM
Park AcademyFree SchoolsGood1.04 KM
Morden Primary SchoolCommunity SchoolGood1.05 KM

Images

Morden House Morden House Morden House Morden House Morden House Morden House Morden House Morden House Morden House Morden House Morden House Morden House

Nearby Streets

NameAverage PriceAverage SqftDistance
Bordesley Road £ 475,00000.00 KM
B278 £ 000.00 KM
Covey Close £ 000.00 KM
Glastonbury Road £ 335,00000.00 KM
Melrose Road £ 1,250,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Morden South5291MDS0.50 KM
South Merton5292SMO1.00 KM
St Helier5290SIH1.11 KM
Wimbledon Chase5612WBO2.21 KM
Wimbledon5578WIM2.63 KM

Nearby Listings

AddressPriceTypeScoreDistance
London Road, Morden £ 340,000BUY6 / 100.00 KM
Morden Court, Morden, Surrey, SM4 £ 350,000BUY5 / 100.01 KM
London Road, Morden £ 700,000BUYUnknown0.04 KM
York Close, Morden £ 325,000BUY6 / 100.11 KM
Morden Court, Morden £ 375,000BUY7 / 100.12 KM

Nearby Properties

AddressPriceDistance
21 Morden Court £ 156,0000.02 KM
27 Morden Court £ 205,0000.02 KM
24 Morden Court £ 163,0000.02 KM
10 Morden Court £ 151,0000.02 KM
50 Morden Court £ 145,0000.02 KM