Sold STC Flat

47 CENTRAL GARDENS

MORDEN, GREATER LONDON SM4 5SH

2 beds 1 baths 495 sq ft Listed 17 Apr 2023 (-1156d)

£265,000

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# 2 bedroom apartment for sale (SM4 5SH)

## Property Details

| Key | Value |
|-----|-------|
| Address | 47 CENTRAL GARDENS, MORDEN, GREATER LONDON SM4 5SH |
| Price | £265,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | TBC |
| Construction age | England and Wales: 1967-1975 |
| Floor area | 46 m² |
| Last sold | £263,000 Sep 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 22/02/2033
- **Current heating cost:** £473/year
- **Est. upgrade cost to C:** £1,000

### Recommendations
- B (£500 - £1,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/3400-2372-0222-0222-3273)

## Description

Andrews Property Group Morden Branch are pleased to offer to the market this first floor apartment with no onward chain.

The accommodation offers, two double bedrooms, lounge / diner, kitchen and bathroom. This property could be well suited to first time buyers, investors or a second abode. The property is located within 0.56 miles of Morden town centre providing a variety of shops, restaurants, coffee shops and cafes. Plus super market shopping in Lidl and Sainsburys. Morden Northern Line Tube station will take you in to London too.

Please call Andrews Morden Branch   to arrange to view.

Andrews Property Group Morden Branch are pleased to offer to the market this first floor apartment with no onward chain.

Please call Andrews Morden Branch   to arrange to view.

## Property Photos

- ![Front Elevation](/listings/photos/133737806/314193) - Front Elevation
- ![Lounge Diner](/listings/photos/133737806/314194) - Lounge Diner
- ![Dining Area](/listings/photos/133737806/314195) - Dining Area
- ![Kitchen](/listings/photos/133737806/314196) - Kitchen
- ![Bathroom](/listings/photos/133737806/314197) - Bathroom
- ![Bedroom](/listings/photos/133737806/314198) - Bedroom
- ![Bedroom](/listings/photos/133737806/314199) - Bedroom
- ![Communal Gardens](/listings/photos/133737806/314200) - Communal Gardens

## Floorplans

- ![Floorplan](/listings/photos/133737806/314201) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/133737806/314202) - EPC Rating Graph

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 47 CENTRAL GARDENS, MORDEN, MERTON, GREATER LONDON, SM4 5SH | £263,000 | 08/09/2023 | Flat |
| 47 CENTRAL GARDENS, MORDEN, MERTON, GREATER LONDON, SM4 5SH | £77,950 | 13/08/1999 | Flat |
| 47 CENTRAL GARDENS, MORDEN, MERTON, GREATER LONDON, SM4 5SH | £42,000 | 21/02/1997 | Flat |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| LAUREL HOUSE FLAT 8 CENTRAL ROAD, MORDEN, MERTON, GREATER LONDON, SM4 5RW | £192,500 | 18/12/2025 | Flat |
| 238 CENTRAL ROAD, MORDEN, MERTON, GREATER LONDON, SM4 5PP | £309,000 | 08/07/2025 | Flat |
| ASSEMBLY HOUSE, 1 FLAT 1 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5BG | £385,000 | 24/11/2023 | Flat |
| NURSERY VIEW HOUSE, 38 FLAT 4 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5DH | £340,000 | 06/10/2023 | Flat |
| FIELD HOUSE, 40 FLAT 96 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5DJ | £247,500 | 11/08/2023 | Flat |
| WINDINGS HOUSE, 23 FLAT 24 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5DB | £330,000 | 10/08/2023 | Flat |
| CLUSTER HOUSE, 22 FLAT 18 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5BW | £285,000 | 14/07/2023 | Flat |
| 51 BLANCHLAND ROAD, MORDEN, MERTON, GREATER LONDON, SM4 5NE | £372,500 | 28/06/2023 | Flat |
| 93 BLANCHLAND ROAD, MORDEN, MERTON, GREATER LONDON, SM4 5NF | £471,000 | 04/05/2023 | Flat |
| WINDINGS HOUSE, 23 FLAT 10 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5DB | £260,000 | 14/02/2023 | Flat |
| [Same street] 27 CENTRAL GARDENS, MORDEN, MERTON, GREATER LONDON, SM4 5SH | £249,000 | 11/11/2022 | Flat |
| FIELD HOUSE, 40 FLAT 57 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5DJ | £270,000 | 21/10/2022 | Flat |
| ASSEMBLY HOUSE, 1 FLAT 20 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5BG | £350,000 | 13/10/2022 | Flat |
| [Same street] 1 CENTRAL GARDENS, MORDEN, MERTON, GREATER LONDON, SM4 5SH | £252,500 | 27/09/2022 | Flat |
| FIELD HOUSE, 40 FLAT 65 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5DJ | £350,000 | 23/09/2022 | Flat |
| FIELD HOUSE, 40 FLAT 87 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5DJ | £267,000 | 09/09/2022 | Flat |
| WINDINGS HOUSE, 23 FLAT 25 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5DB | £280,000 | 15/07/2022 | Flat |
| CLUSTER HOUSE, 22 FLAT 1 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5BW | £235,000 | 15/07/2022 | Flat |
| FIELD HOUSE, 40 FLAT 39 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5DJ | £270,000 | 07/07/2022 | Flat |
| [Same street] 42 CENTRAL GARDENS, MORDEN, MERTON, GREATER LONDON, SM4 5SH | £250,000 | 07/06/2022 | Flat |
| FIELD HOUSE, 40 FLAT 40 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5DJ | £340,000 | 26/05/2022 | Flat |
| CATCHMENT HOUSE, 9 FLAT 5 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5BF | £315,000 | 26/05/2022 | Flat |
| ASSEMBLY HOUSE, 1 FLAT 2 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5BG | £365,000 | 24/05/2022 | Flat |
| [Same street] 46 CENTRAL GARDENS, MORDEN, MERTON, GREATER LONDON, SM4 5SH | £255,000 | 04/03/2022 | Flat |

**Street average:** £251,625 (4 sales)
**Area average:** £311,725 (20 sales)

## Price vs local average

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

- **Local average:** £284,382 (17 Flat, SM4, 2024–2026)
- **Deviation:** -6.8%

## 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

## 1% Rule

- **Rent ratio:** 0.79% (weak for cashflow)
- **Max investor price (0.8%):** £262,125
- **Target investor price (1%):** £209,700

*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 Area rent estimate.*

## Price per Square Metre

- **£/m²:** £5,761/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -11.8%
- **10y growth:** 3.9%

## House Price Index (HM Land Registry)

*Official index for Merton; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -5.7%
- **5y growth (index):** -2.4%
- **10y growth (index):** 4.2%

## 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)

Front Elevation Lounge Diner Dining Area Kitchen Bathroom Bedroom Bedroom Communal Gardens

/ 8

Property details

Tenure

LEASEHOLD

Floor area

46 m²

Council tax band

TBC

EPC rating

Year built

England and Wales: 1967-1975

Last sold

£263,000 Sep 2023

Price per m²

£5,761/m²

Local average

£284,382 (-6.8%)

Deprivation

Decile 6 (17,251 of 33,755)

Street crime

332 incidents within 1 mile (Apr 2026)

Key features

FIRST FLOOR APARTMENT
TWO DOUBLE BEDROOMS
LOUNGE / DINER
BATHROOM
KITCHEN
COMMUNAL GARDENS
NO ONWARD CHAIN
LEASE 180 YEARS

Description

Andrews Property Group Morden Branch are pleased to offer to the market this first floor apartment with no onward chain.
The accommodation offers, two double bedrooms, lounge / diner, kitchen and bathroom. This property could be well suited to first time buyers, investors or a second abode. The property is located within 0.56 miles of Morden town centre providing a variety of shops, restaurants, coffee shops and cafes. Plus super market shopping in Lidl and Sainsburys. Morden Northern Line Tube station will take you in to London too.

Please call Andrews Morden Branch to arrange to view.

Andrews Property Group Morden Branch are pleased to offer to the market this first floor apartment with no onward chain.
The accommodation offers, two double bedrooms, lounge / diner, kitchen and bathroom. This property could be well suited to first time buyers, investors or a second abode. The property is located within 0.56 miles of Morden town centre providing a variety of shops, restaurants, coffee shops and cafes. Plus super market shopping in Lidl and Sainsburys. Morden Northern Line Tube station will take you in to London too.

Please call Andrews Morden Branch to arrange to view.

Listed by

Morden

Andrews Estate Agents

Reference: 133737806

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 23/02/2023

Expiry date: 22/02/2033

Current heating cost: £473/year

Potential heating cost: £361/year

Est. upgrade cost to C: £1,000

Recommendations

Cavity wall insulation (£500 - £1,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

EPC Graphs

EPC Rating Graph

Price history

526% since 1997

Event	Date	Price	% change
Sold	08/09/2023 (2 years ago)	£263,000	+237.4%
Sold	13/08/1999 (26 years ago)	£77,950	+85.6%
Sold	21/02/1997 (29 years ago)	£42,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
LAUREL HOUSE FLAT 8 CENTRAL ROAD, MORDEN, MERTON, GREATER LONDON, SM4 5RW	£192,500	18/12/2025	Flat
238 CENTRAL ROAD, MORDEN, MERTON, GREATER LONDON, SM4 5PP	£309,000	08/07/2025	Flat
ASSEMBLY HOUSE, 1 FLAT 1 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5BG	£385,000	24/11/2023	Flat
NURSERY VIEW HOUSE, 38 FLAT 4 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5DH	£340,000	06/10/2023	Flat
FIELD HOUSE, 40 FLAT 96 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5DJ	£247,500	11/08/2023	Flat
WINDINGS HOUSE, 23 FLAT 24 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5DB	£330,000	10/08/2023	Flat
CLUSTER HOUSE, 22 FLAT 18 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5BW	£285,000	14/07/2023	Flat
51 BLANCHLAND ROAD, MORDEN, MERTON, GREATER LONDON, SM4 5NE	£372,500	28/06/2023	Flat
93 BLANCHLAND ROAD, MORDEN, MERTON, GREATER LONDON, SM4 5NF	£471,000	04/05/2023	Flat
WINDINGS HOUSE, 23 FLAT 10 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5DB	£260,000	14/02/2023	Flat
Same street 27 CENTRAL GARDENS, MORDEN, MERTON, GREATER LONDON, SM4 5SH	£249,000	11/11/2022	Flat
FIELD HOUSE, 40 FLAT 57 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5DJ	£270,000	21/10/2022	Flat
ASSEMBLY HOUSE, 1 FLAT 20 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5BG	£350,000	13/10/2022	Flat
Same street 1 CENTRAL GARDENS, MORDEN, MERTON, GREATER LONDON, SM4 5SH	£252,500	27/09/2022	Flat
FIELD HOUSE, 40 FLAT 65 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5DJ	£350,000	23/09/2022	Flat
FIELD HOUSE, 40 FLAT 87 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5DJ	£267,000	09/09/2022	Flat
WINDINGS HOUSE, 23 FLAT 25 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5DB	£280,000	15/07/2022	Flat
CLUSTER HOUSE, 22 FLAT 1 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5BW	£235,000	15/07/2022	Flat
FIELD HOUSE, 40 FLAT 39 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5DJ	£270,000	07/07/2022	Flat
Same street 42 CENTRAL GARDENS, MORDEN, MERTON, GREATER LONDON, SM4 5SH	£250,000	07/06/2022	Flat
FIELD HOUSE, 40 FLAT 40 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5DJ	£340,000	26/05/2022	Flat
CATCHMENT HOUSE, 9 FLAT 5 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5BF	£315,000	26/05/2022	Flat
ASSEMBLY HOUSE, 1 FLAT 2 SCHOOLGATE DRIVE, MORDEN, MERTON, GREATER LONDON, SM4 5BG	£365,000	24/05/2022	Flat
Same street 46 CENTRAL GARDENS, MORDEN, MERTON, GREATER LONDON, SM4 5SH	£255,000	04/03/2022	Flat

Street average: £251,625 (4 sales)

Area average: £311,725 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -11.8%

10y growth 3.9%

House Price Index (HM Land Registry — official index, not sold-price averages): Merton. Series: Flats and maisonettes. As of March 2026.

1y (index) -5.7%

5y (index) -2.4%

10y (index) 4.2%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: ORCHIDBASE LIMITED (02808042)

Rental Range

Estimated market rent for Merton. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,887/mo

Realistic £2,097/mo

Optimistic £2,307/mo

Based on Local Authority from postcode lookup → Merton.

LHA (30th percentile) floor for Outer South London: £1,197/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View SM4 5SH

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Abbotsbury Road	0.0 miles
Shop	Sainsbury's Local	0.0 miles
Train station	Morden South	0.3 miles
Shop	Islamic Book Shop	0.3 miles
Train station	St. Helier	0.4 miles
Hospital	Chapel Orchard Day Surgery	1.1 miles
Hospital	St. Helier Hospital	1.1 miles
University	City St Georges Tooting	2.3 miles
University	Horton Halls Reception	2.9 miles

Street-level crime

Category	Count
Violence and sexual offences	96
Anti-social behaviour	72
Vehicle crime	26
Shoplifting	24
Criminal damage and arson	23
Public order	23
Other theft	22
Drugs	13
Robbery	10
Burglary	9
Theft from the person	5
Bicycle theft	4
Other crime	3
Possession of weapons	2
Total incidents	332

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Abbotsbury Primary School	Primary	0.1 miles	Good — 11 Jul 2013
Perseid School	Other	0.2 miles	Outstanding — 23 Apr 2012
Canterbury Campus and Lavender Campus	Other	0.4 miles	Good — 9 Jan 2013
Morden Primary School	Primary	0.4 miles	Good — 28 Mar 2014
Liberty Woodland School	Other	0.5 miles	Requires improvement — 16 Jul 2020

Rental Comparables

Rental listings exist nearby, but none matched the 2-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.79%

Max investor price (0.8%) £262,125

Target investor price (1%) £209,700

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).