Goodfellows says ..
**CASH BUYERS ONLY** A fantastic opportunity awaits with this 2 bedroom apartment featuring a short lease (33 years), perfect for cash buyers seeking a renovation project. Situated on the outskirts of the town centre, this property is in need of modernisation throughout. The open-plan living...
Property Oracle says ..
This two-bedroom apartment on London Road in Morden presents a compelling opportunity, particularly for those willing to undertake renovation work. Its location offers excellent transport links and proximity to reputable schools. While the apartment itself requires updating, its competitive price per square foot makes it an attractive investment. The lack of private land is a drawback, but the communal areas provide some green space. Overall, this property has the potential to become a desirable home or a lucrative rental investment with the right improvements.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 9
- Condition
- 4
- Location
- 7
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 570.70
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
- 406,111.00 £Decreased by 9.13 %
- Est sale value
- 264,804.80 £Decreased by 16.85 %
- Average area rental value
- 1,725.00 £/moDecreased by 7.11 %
- Est letting value
- 570.70 £/moDecreased by 50.00 %
- Est rental Yield
- 5.10 %Increased by 2.20 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
Goodfellows created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Perseid School | Community Special School | Outstanding | 0.35 KM |
| Abbotsbury Primary School | Community School | Good | 0.47 KM |
| Poplar Primary School | Community School | Good | 0.49 KM |
| Morden Primary School | Community School | Good | 0.87 KM |
| Merton Park Primary School | Community School | Outstanding | 1.20 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Bordesley Road | £ 475,000 | 0 | 0.00 KM |
| B278 | £ 0 | 0 | 0.00 KM |
| Glastonbury Road | £ 335,000 | 0 | 0.00 KM |
| Covey Close | £ 0 | 0 | 0.00 KM |
| Evesham Road | £ 485,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Morden South | 5291 | MDS | 0.33 KM |
| South Merton | 5292 | SMO | 0.91 KM |
| St Helier | 5290 | SIH | 0.99 KM |
| Wimbledon Chase | 5612 | WBO | 2.13 KM |
| Sutton Common | 5436 | SUC | 2.66 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| London Road, Morden, SM4 | £ 130,000 | BUY | 5 / 10 | 0.00 KM |
| London Road, Morden, SM4 | £ 300,000 | BUY | 6 / 10 | 0.05 KM |
| London Road, Morden | £ 349,950 | BUY | Unknown | 0.05 KM |
| Morden House, Morden, Surrey, SM4 | £ 290,000 | BUY | Unknown | 0.07 KM |
| London Road, Morden, SM4 | £ 260,000 | BUY | 7 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 11 The Homefield | £ 307,000 | 0.09 KM |
| 23 The Homefield | £ 87,000 | 0.09 KM |
| 14 The Homefield | £ 325,000 | 0.09 KM |
| 7 The Homefield | £ 200,000 | 0.09 KM |
| 5 The Homefield | £ 60,000 | 0.09 KM |