Cobham Avenue, New Malden, KT3
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Cobham Avenue, New Malden, KT3

By Foxtons

£ 650,000

Reviews

2 out of 5 stars

Foxtons says ..

Fantastic opportunity to modernise and extend (STPP), accommodating good size reception rooms, a private garden, and off-street parking.

Property Oracle says ..

This three-bedroom, one-bathroom property located on Cobham Avenue in New Malden, KT3, presents a mixed bag of opportunities and challenges. The property’s main selling points are its location, reasonably close to several South Western Railway stations and well-regarded schools, enhancing the property’s appeal for families. The addition of a garden, while perhaps small, is a notable feature in this area. However, significant modernization is needed throughout the house. The kitchen and bathroom in particular show signs of age and would require complete upgrades. The interior decor is dated, and many aspects of the property, such as fixtures and fittings, appear worn and require improvement. The lack of precise plot size data makes an accurate valuation difficult. The absence of information about parking also creates uncertainty. While the list price of £650,000 finds some support in comparable properties in the neighbourhood, the considerable renovation costs needed to bring the property to an acceptable modern standard must be factored in when assessing its overall value and whether it represents good value for money. Potential buyers need to weigh the cost of renovation against the overall value in this desirable location.

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
6
Condition
5
Location
7
Land
4
Bedrooms
3
Bathrooms
1
Sqft (est)
952.61

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
652,765.00 £
Decreased by 5.62 %
from 691,666.00 £
Est sale value
521,077.67 £
Decreased by 21.29 %
from 662,063.95 £
Average area rental value
2,582.00 £/mo
Increased by 3.28 %
from 2,500.00 £/mo
Est letting value
1,905.22 £/mo
Unchanged by 0.00 %
from 1,905.22 £/mo
Est rental Yield
4.75 %
Increased by 9.45 %
from 4.34 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Foxtons created the listing.

Nearby Schools

NameTypeOfstedDistance
Coombe Boys' SchoolAcademy ConverterGood0.29 KM
Burlington Junior SchoolCommunity SchoolGood0.45 KM
Burlington Infant And Nursery SchoolCommunity SchoolOutstanding0.45 KM
New Malden Children'S CentreChildren's Centre0.45 KM
Blossom House SchoolOther Independent Special SchoolOutstanding0.66 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
The Grange £ 775,00000.00 KM
Beverley Way £ 1,487,50000.00 KM
Cromwell Avenue £ 772,14300.00 KM
Station Road £ 762,50000.00 KM
Cavendish Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Motspur Park5645MOT0.61 KM
New Malden5567NEM1.47 KM
Worcester Park5579WCP1.73 KM
Raynes Park5569RAY2.13 KM
Malden Manor5599MAL2.26 KM

Nearby Listings

AddressPriceTypeScoreDistance
Cobham Avenue, New Malden £ 600,000BUY6 / 100.05 KM
Stanley Avenue, New Malden £ 700,000BUY6 / 100.12 KM
Stanley Avenue, New Malden £ 675,000BUY8 / 100.12 KM
Byron Avenue, Motspur Park, New Malden, KT3 £ 800,000BUY8 / 100.13 KM
Byron Avenue, New Malden, Surrey, KT3 £ 600,000BUY7 / 100.13 KM

Nearby Properties

AddressPriceDistance
27 Cobham Avenue £ 352,5000.02 KM
9 Cobham Avenue £ 425,0000.02 KM
23 Cobham Avenue £ 405,0000.02 KM
27a Cobham Avenue £ 287,5000.02 KM
6 Cobham Avenue £ 245,5000.02 KM