# 3 bedroom end of terrace house for sale (CR4 1RE) ## Property Details | Key | Value | |-----|-------| | Address | 69 CHESTNUT GROVE, MITCHAM, GREATER LONDON CR4 1RE | | Price | £400,000 | | Bedrooms | 3 | | Construction age | England and Wales: 1900-1929 | | Floor area | 92 m² | | Last sold | £407,500 May 2017 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** B - **Expiry date:** 17/05/2026 — **EXPIRED** (no longer valid for marketing or letting) - **Current heating cost:** £848/year - **Est. upgrade cost to C:** £21,785 ### Recommendations - A (£100 - £350) - Q (£4,000 - £14,000) - W1 (£800 - £1,200) - E (£60) - N (£4,000 - £6,000) - U (£5,000 - £8,000) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0876-2868-6352-9996-7411) ## Description Immaculate throughout, offered to the market with NO CHAIN, this end of terrace three bedroom family home benefits a lounge, dining room, kitchen, spacious garden with patio and side access, family bathroom, off street parking for two cars, double glazed windows and central heating. Call Goodfellows to arrange an appointment on 0208-646-8686. **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. GMI200144/2 ## Property Photos - ![Front Shot](/listings/photos/81399502/1368302) - Front Shot - ![Entrance Hall](/listings/photos/81399502/1368303) - Entrance Hall - ![Entrance Hall](/listings/photos/81399502/1368304) - Entrance Hall - ![Living Room](/listings/photos/81399502/1368305) - Living Room - ![Living Room](/listings/photos/81399502/1368306) - Living Room - ![Dining Room](/listings/photos/81399502/1368307) - Dining Room - ![Dining Room](/listings/photos/81399502/1368308) - Dining Room - ![Master Bedroom](/listings/photos/81399502/1368309) - Master Bedroom - ![Bedroom Two](/listings/photos/81399502/1368322) - Bedroom Two - ![Bedroom Three](/listings/photos/81399502/1368327) - Bedroom Three - ![Bathroom](/listings/photos/81399502/1368329) - Bathroom - ![Rear Garden](/listings/photos/81399502/1368330) - Rear Garden - ![Rear Garden](/listings/photos/81399502/1368331) - Rear Garden - ![Rear View Of House](/listings/photos/81399502/1368332) - Rear View Of House ## Floorplans - ![Floorpan](/listings/photos/81399502/1368333) - Floorpan ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 69 CHESTNUT GROVE, MITCHAM, MERTON, GREATER LONDON, CR4 1RE | £407,500 | 05/05/2017 | 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 | |---------|-------|------|------| | 4 FERN AVENUE, MITCHAM, MERTON, GREATER LONDON, CR4 1LS | £645,000 | 19/08/2025 | Terraced | | 116 CHESTNUT GROVE, MITCHAM, MERTON, GREATER LONDON, CR4 1RA | £450,000 | 30/06/2025 | Terraced | | 19 BEECH GROVE, MITCHAM, MERTON, GREATER LONDON, CR4 1LD | £460,000 | 18/06/2025 | Terraced | | 38 CASTLETON ROAD, MITCHAM, MERTON, GREATER LONDON, CR4 1NY | £420,000 | 28/03/2025 | Terraced | | 29 BEECH GROVE, MITCHAM, MERTON, GREATER LONDON, CR4 1LD | £490,000 | 11/12/2023 | Terraced | | 32 ELM GARDENS, MITCHAM, MERTON, GREATER LONDON, CR4 1LY | £440,000 | 01/12/2023 | Terraced | | 30 NEW BARNS AVENUE, MITCHAM, MERTON, GREATER LONDON, CR4 1LE | £443,000 | 27/10/2023 | Terraced | | 11 NEW BARNS AVENUE, MITCHAM, MERTON, GREATER LONDON, CR4 1LG | £415,000 | 28/07/2023 | Terraced | | 471 COMMONSIDE EAST, MITCHAM, MERTON, GREATER LONDON, CR4 1HJ | £590,000 | 13/06/2023 | Terraced | | 49 DAHLIA GARDENS, MITCHAM, MERTON, GREATER LONDON, CR4 1LB | £525,000 | 05/05/2023 | Terraced | | 26 ELM GARDENS, MITCHAM, MERTON, GREATER LONDON, CR4 1LY | £490,000 | 17/03/2023 | Terraced | | 146 CHESTNUT GROVE, MITCHAM, MERTON, GREATER LONDON, CR4 1RB | £427,000 | 19/12/2022 | Terraced | | 56 NEW BARNS AVENUE, MITCHAM, MERTON, GREATER LONDON, CR4 1LF | £460,000 | 21/09/2022 | Terraced | | [Same street] 61A CHESTNUT GROVE, MITCHAM, MERTON, GREATER LONDON, CR4 1RE | £562,500 | 12/09/2022 | Terraced | | 15 HAZEL CLOSE, MITCHAM, MERTON, GREATER LONDON, CR4 1RD | £510,000 | 09/09/2022 | Terraced | | 16 CONWAY GARDENS, MITCHAM, MERTON, GREATER LONDON, CR4 1QA | £490,000 | 22/08/2022 | Terraced | | 118 CHESTNUT GROVE, MITCHAM, MERTON, GREATER LONDON, CR4 1RB | £510,000 | 29/07/2022 | Terraced | | 52 CASTLETON ROAD, MITCHAM, MERTON, GREATER LONDON, CR4 1NY | £475,000 | 04/07/2022 | Terraced | | 56 CASTLETON ROAD, MITCHAM, MERTON, GREATER LONDON, CR4 1NY | £475,000 | 09/06/2022 | Terraced | | 8 ELM GARDENS, MITCHAM, MERTON, GREATER LONDON, CR4 1LY | £450,000 | 27/05/2022 | Terraced | | 26 DAHLIA GARDENS, MITCHAM, MERTON, GREATER LONDON, CR4 1LA | £500,000 | 06/05/2022 | Terraced | **Street average:** £562,500 (1 sale) **Area average:** £483,250 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £471,056 (65 Terraced, CR4, 2024–2026) - **Deviation:** -15.1% ## Rental Range *ONS Price Index of Private Rents (Merton). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,921/mo - **Realistic:** £2,134/mo - **Optimistic:** £2,347/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for South East Herts (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £1,366/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 | |------|------|------|------|------| | 3 Bed Terraced House, Huntingdon Close, CR4 | £875/mo | 3 | 0.39 miles | OpenRent | **Average rent: £875/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.22% (weak for cashflow) - **Max investor price (0.8%):** £109,375 - **Target investor price (1%):** £87,500 *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 £875/mo).* - **Gross yield:** 2.6% - **Cost-to-rent:** 38.1× - **Monthly cashflow:** £-813/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -8.4% *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).* ## Price per Square Metre - **£/m²:** £4,348/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 12.2% - **10y growth:** 18.9% ## House Price Index (HM Land Registry) *Official index for Merton; Terraced series; as of April 2026.* - **1y growth (index):** -1.7% - **5y growth (index):** 7.8% - **10y growth (index):** 16.3% ## 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)