Cheltenham Close, New Malden
ST

Cheltenham Close, New Malden

By Stack & Bonner

£ 237,500

Reviews

2 out of 5 stars

Stack & Bonner says ..

A delightful ground floor studio apartment ideally situated in a secluded cul de sac location in Cheltenham Close, New Malden. Accessed via the communal entrance hallway to the front door of the property The apartment front door opens into a private hallway and a door to the studio room. The ...

Property Oracle says ..

This studio apartment in Cheltenham Close, New Malden, offers a convenient location within reasonable distance of local amenities and transportation links. The property benefits from proximity to well-rated primary schools, making it an attractive option for families or investors. However, the apartment’s condition appears dated, requiring some level of refurbishment, primarily in the kitchen and bathroom. The photos show a modest communal outdoor space, which, while not extensive, adds some value. While the listed price seems broadly in line with the area, a thorough review of comparable sales data is needed for a precise valuation.

The apartment’s appeal lies in its location and accessibility. The nearby train stations (Berrylands, New Malden, and Norbiton) provide easy commutes into London. The presence of good primary schools adds significantly to its family-friendliness. However, prospective buyers should budget for some renovations and upgrades, as the current condition is not quite modern. Overall, the property presents as a sound investment, but buyers should be prepared for modernisation costs.

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
7
Condition
6
Location
7
Land
3
Bedrooms
0
Bathrooms
1
Sqft (est)
336.00

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
376,667.00 £
Decreased by 11.42 %
from 425,220.00 £
Est sale value
100,464.00 £
Decreased by 27.43 %
from 138,432.00 £
Average area rental value
1,100.00 £/mo
Increased by 18.92 %
from 925.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.50 %
Increased by 34.10 %
from 2.61 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Stack & Bonner created the listing.

Nearby Schools

NameTypeOfstedDistance
Corpus Christi Catholic Primary SchoolVoluntary Aided SchoolGood0.21 KM
King'S Oak Primary SchoolCommunity SchoolGood0.41 KM
Christ Church New Malden Cofe Primary SchoolVoluntary Aided SchoolGood0.46 KM
Norbiton Children'S CentreChildren's Centre0.47 KM
Coombe Girls' SchoolAcademy ConverterOutstanding1.03 KM

Images

6 5 1 8 2 9 3 4 7

Nearby Streets

NameAverage PriceAverage SqftDistance
Rosemont Road £ 000.00 KM
Stafford Road £ 000.00 KM
Springfield Place £ 000.00 KM
The Triangle £ 000.00 KM
South Park Grove £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Berrylands5581BRS1.29 KM
New Malden5567NEM1.59 KM
Norbiton5568NBT1.76 KM
Malden Manor5599MAL2.40 KM
Tolworth5573TOL3.22 KM

Nearby Listings

AddressPriceTypeScoreDistance
Cheltenham Close, New Malden, KT3 £ 230,000BUYUnknown0.01 KM
Mount Pleasant Road, New Malden £ 825,000BUY6 / 100.19 KM
Kingston Road, New Malden £ 234,500BUY6 / 100.21 KM
Crown House, Kingston Road, New Malden, KT3 £ 340,000BUY5 / 100.21 KM
Kingston Road, New Malden £ 350,000BUY4 / 100.21 KM

Nearby Properties

AddressPriceDistance
3 Cheltenham Close £ 145,0000.00 KM
11 Cheltenham Close £ 251,0000.00 KM
18 Cheltenham Close £ 179,9500.00 KM
28 Cheltenham Close £ 308,0000.00 KM
6 Cheltenham Close £ 225,0000.00 KM