# 2 bedroom house for sale (SM4 6PR)

## Property Details

| Key | Value |
|-----|-------|
| Address | 2 FURNESS ROAD, MORDEN, GREATER LONDON SM4 6PR |
| Price | £375,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £365,000 Nov 2019 |

## Description

This rarely available two double bedroom Butterfly style family home is as the fondly termed name suggests, double fronted by design presenting a particularly attractive and highly desirable property. Situated within this popular residential road offering access to Morden town centre with its variety of amenities and services as well as Morden Underground Station, in addition both Morden South and St Helier train stations are in close proximity. The property offers bright and airy accommodation which comprises of a dual aspect lounge, dining room, kitchen and conservatory to the ground floor and two double bedrooms and a bathroom to the first floor. Externally there is well maintained private front and rear gardens.  EPC Rating E.

**Important note to purchasers:**

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller. 

GMO180016/2

## Property Photos

- ![Main Page](/listings/photos/65980659/513959) - Main Page
- ![Dual Aspect Lounge](/listings/photos/65980659/513960) - Dual Aspect Lounge
- ![Rear Garden](/listings/photos/65980659/513961) - Rear Garden
- ![Dining Room](/listings/photos/65980659/513962) - Dining Room
- ![Kitchen](/listings/photos/65980659/513964) - Kitchen
- ![Conservatory](/listings/photos/65980659/513967) - Conservatory
- ![Dual Aspect Bedroom](/listings/photos/65980659/513968) - Dual Aspect Bedroom
- ![Bedroom 2](/listings/photos/65980659/513970) - Bedroom 2
- ![Bathroom](/listings/photos/65980659/513971) - Bathroom

## Floorplans

- ![Floor Plan](/listings/photos/65980659/513972) - Floor Plan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/65980659/513974) - EPC Rating Graph

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #12058984
- **Address:** 2 Furness Road, MORDEN, SM4 6PR
- **Certificate Issued:** 28/11/2016
- **Work Completed:** 28/10/2016
- **Items:** 1 door(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 2 FURNESS ROAD, MORDEN, MERTON, GREATER LONDON, SM4 6PR | £365,000 | 21/11/2019 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 38 FURNESS ROAD, MORDEN, MERTON, GREATER LONDON, SM4 6PR | £412,500 | 30/04/2024 | Semi-detached |
| 68 MIDDLETON ROAD, MORDEN, MERTON, GREATER LONDON, SM4 6RS | £760,000 | 08/07/2022 | Other |
| 181 GREEN LANE, MORDEN, MERTON, GREATER LONDON, SM4 6SG | £555,000 | 30/09/2021 | Other |
| 68 MIDDLETON ROAD, MORDEN, MERTON, GREATER LONDON, SM4 6RS | £332,595 | 06/08/2021 | Other |

**Street average:** £412,500 (1 sale)
**Area average:** £549,198 (3 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £981,500 (3 Other, SM4, 2024–2026)
- **Deviation:** -61.8%

## Rental Range

*ONS Price Index of Private Rents (Merton). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,887/mo
- **Realistic:** £2,097/mo
- **Optimistic:** £2,307/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Outer South London (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,197/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Island House, SM4 | £1,950/mo | 2 | 0.71 miles | OpenRent |
| 2 Bed Flat, Rear Upper  London Road, SM4 | £1,450/mo | 2 | 0.94 miles | OpenRent |

**Average rent: £1,700/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.45% (weak for cashflow)
- **Max investor price (0.8%):** £212,500
- **Target investor price (1%):** £170,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,700/mo).*

- **Gross yield:** 5.4%
- **Cost-to-rent:** 18.4×
- **Monthly cashflow:** £28/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 0.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## House Price Index (HM Land Registry)

*Official index for Merton; All dwelling types series; as of March 2026.*

- **1y growth (index):** -2.6%
- **5y growth (index):** 4.9%
- **10y growth (index):** 13.6%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)