Merton Road, London, SW18
AN

Merton Road, London, SW18

By Andrews Estate Agents

£ 174,000

Reviews

2 out of 5 stars

Andrews Estate Agents says ..

Offered with 40% shared ownership and no onward chain, this modern two double-bedroom flat is a perfect opportunity for first-time buyers or investors. The property boasts a spacious and contemporary open-plan kitchen and lounge area, ideal for entertaining or relaxing at home. The flat also feat...

Property Oracle says ..

This two-bedroom apartment located on Merton Road in Southfields, London, is listed for £174,000 under a 40% shared ownership scheme. The property is conveniently located near several transport links, including Earlsfield train station, offering easy access to central London. The surrounding area benefits from good schools, including those with ‘Outstanding’ Ofsted ratings.

The apartment itself is reasonably sized at 724 sqft, encompassing a spacious open-plan living area, kitchen, two bedrooms, and a bathroom. The interior appears to be in a reasonably well-maintained state; however, a degree of modernisation would enhance its appeal. Some of the rooms could do with fresh paint and the current furnishings could be upgraded.

The presence of a small communal garden provides some access to outdoor space, though it is shared with other residents in the building. The absence of detailed information regarding the specifics of the shared ownership scheme makes a complete evaluation difficult. Further information on the monthly service charges, leasehold details and share purchase, is needed to provide a more comprehensive review. This property would appeal to first-time buyers or investors seeking affordable entry into the London property market. However, potential buyers should carefully consider the implications of shared ownership before proceeding.

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
2
Bathrooms
1
Sqft (est)
724.00

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
660,662.00 £
Decreased by 13.96 %
from 767,820.00 £
Est sale value
676,216.00 £
Increased by 81.36 %
from 372,860.00 £
Average area rental value
2,581.00 £/mo
Increased by 14.76 %
from 2,249.00 £/mo
Est letting value
2,172.00 £/mo
Increased by 200.00 %
from 724.00 £/mo
Est rental Yield
4.69 %
Increased by 33.62 %
from 3.51 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Andrews Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Southfields AcademyAcademy ConverterGood0.39 KM
Wimbledon Park Primary SchoolCommunity SchoolOutstanding0.45 KM
Riversdale Primary SchoolCommunity SchoolGood0.56 KM
Sheringdale Primary SchoolCommunity SchoolOutstanding0.90 KM
Floreat Wandsworth Primary SchoolAcademy Sponsor LedGood1.14 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Alba Mews £ 000.00 KM
Wandle Trail £ 690,00000.00 KM
Southfields Court £ 000.00 KM
Wells Place £ 000.00 KM
Allfarthing Lane £ 330,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Earlsfield5584EAD1.09 KM
Haydons Road5289HYR2.05 KM
Wandsworth Town5576WNT2.39 KM
Wimbledon5578WIM2.47 KM
Putney5603PUT3.02 KM

Nearby Listings

AddressPriceTypeScoreDistance
Merton Road, London, SW18 £ 174,000BUY5 / 100.00 KM
Merton Road, London, SW18 £ 435,000BUY5 / 100.00 KM
432 Merton Road, London, SW18 £ 450,000BUYUnknown0.00 KM
Mill Court, London, SW18 5AE £ 140,000BUYUnknown0.00 KM
432 Merton Road, London, SW18 £ 350,000BUY5 / 100.00 KM

Nearby Properties

AddressPriceDistance
482 Merton Road £ 565,0000.01 KM
470 Merton Road £ 532,5000.01 KM
452 Merton Road £ 525,0000.01 KM
458 Merton Road £ 1,286,5000.01 KM
478 Merton Road £ 675,0000.01 KM