Sold Flat

177 MULLARDS CLOSE

MITCHAM, HACKBRIDGE, GREATER LONDON CR4 4FF

1 beds 1 baths 431 sq ft Listed 25 May 2025 (-384d)

£200,000

Reduced on 2 Jun 2025

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Property details

Tenure

LEASEHOLD

Floor area

40 m²

Council tax band

B

EPC rating

C

Year built

England and Wales: 1996-2002

Last sold

£210,000 Aug 2025

Price per m²

£5,000/m²

Local average

£269,623 (-25.8%)

Deprivation

Decile 6 (19,352 of 33,755)

Street crime

320 incidents within 1 mile (Apr 2026)

Key features

  • Chain Free
  • Long lease
  • Communal grounds
  • Parking
  • First floor
  • 0.5 Miles to Hackbridge Station
  • 0.8 Miles to Mitcham Junction
  • Ideal first time buy or Investment
  • Amenities nearby

Additional details

Electricity
Mains supply
Broadband
Cable
Water
Mains supply
Sewerage
Mains supply
Heating
Electric
Parking
Yes
Restrictions
No
Rights of way
No
Flooded in last 5 years
No
Flood defences
No

Description

GUIDE £200,000 - £225,000 This purpose-built one-bedroom flat is located on the first floor and is offered chain-free with a long lease, making it an ideal choice for first-time buyers or investors.
The flat features a well-proportioned living room, a separate kitchen, and a double bedroom with good natural light. There is also access to communal grounds, and parking is available within the development.
Conveniently located just 0.5 miles from Hackbridge Station and 0.8 miles from Mitcham Junction, the property offers excellent transport links. From Mitcham Junction, you can reach London Victoria directly by train, and the tram stop there provides easy access to Wimbledon and surrounding areas.
With local shops, parks, and other amenities close by, this is a practical home in a well-connected and accessible location.
EPC Rating: C

Listed by

London

Malixons Estate Agents Ltd

Reference: 162428312

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 07/04/2025

Expiry date: 06/04/2035

Current heating cost: £293/year

Potential heating cost: £172/year

Est. upgrade cost to C: £1,000

Recommendations

  • High heat retention storage heaters (£800 - £1,200)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #12101204

Property Details

Street: 177 Mullards Close

Town: MITCHAM

Postcode: CR4 4FF

Installation Details

Items: 5 windows

Certificate Issued: 19/12/2016

Work Completed: 25/11/2016

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

362% since 1996

Event Date Price % change
Sold 12/08/2025 (10 months ago) £210,000 +361.6%
Sold 20/12/1996 (29 years ago) £45,495

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
36 REYNOLDS CLOSE, CARSHALTON, SUTTON, GREATER LONDON, SM5 2AY £280,000 25/09/2025 Flat
56 NEW ROAD, MITCHAM, SUTTON, GREATER LONDON, CR4 4LT £240,000 22/08/2025 Flat
36 MULLARDS CLOSE, HACKBRIDGE, MITCHAM, SUTTON, GREATER LONDON, CR4 4FE £178,000 15/08/2025 Flat
60 OTTER DRIVE, CARSHALTON, SUTTON, GREATER LONDON, SM5 2FH £335,000 09/11/2023 Flat
70 REYNOLDS CLOSE, CARSHALTON, SUTTON, GREATER LONDON, SM5 2AZ £342,000 29/09/2023 Flat
100 NEW ROAD, MITCHAM, SUTTON, GREATER LONDON, CR4 4LT £295,000 31/07/2023 Flat
137 MULLARDS CLOSE, HACKBRIDGE, MITCHAM, SUTTON, GREATER LONDON, CR4 4FD £283,000 14/07/2023 Flat
18 PERCY ROAD, MITCHAM, SUTTON, GREATER LONDON, CR4 4JU £150,000 04/05/2023 Flat
2 MULLARDS CLOSE, HACKBRIDGE, MITCHAM, SUTTON, GREATER LONDON, CR4 4FE £280,000 19/04/2023 Flat
Same street 186 MULLARDS CLOSE, HACKBRIDGE, MITCHAM, SUTTON, GREATER LONDON, CR4 4FF £182,000 28/03/2023 Flat
15 PHILIPS CLOSE, CARSHALTON, SUTTON, GREATER LONDON, SM5 2FE £241,000 24/03/2023 Flat
7 REYNOLDS CLOSE, CARSHALTON, SUTTON, GREATER LONDON, SM5 2AY £297,000 10/03/2023 Flat
78 REYNOLDS CLOSE, CARSHALTON, SUTTON, GREATER LONDON, SM5 2AZ £289,000 07/03/2023 Flat
115 MULLARDS CLOSE, HACKBRIDGE, MITCHAM, SUTTON, GREATER LONDON, CR4 4FD £302,500 10/02/2023 Flat
Same street 217 MULLARDS CLOSE, HACKBRIDGE, MITCHAM, SUTTON, GREATER LONDON, CR4 4FF £238,000 31/01/2023 Flat
84 REYNOLDS CLOSE, CARSHALTON, SUTTON, GREATER LONDON, SM5 2AZ £290,000 08/12/2022 Flat
32 OTTER DRIVE, CARSHALTON, SUTTON, GREATER LONDON, SM5 2FH £235,000 02/12/2022 Flat
1 MULLARDS CLOSE, HACKBRIDGE, MITCHAM, SUTTON, GREATER LONDON, CR4 4FE £280,000 25/11/2022 Flat
21 REYNOLDS CLOSE, CARSHALTON, SUTTON, GREATER LONDON, SM5 2AY £288,000 25/11/2022 Flat
Same street 155 MULLARDS CLOSE, HACKBRIDGE, MITCHAM, SUTTON, GREATER LONDON, CR4 4FF £310,000 15/11/2022 Flat
126 FERNDALE CRESCENT, CARSHALTON, SUTTON, GREATER LONDON, SM5 2FN £334,000 04/10/2022 Flat
72 OTTER DRIVE, CARSHALTON, SUTTON, GREATER LONDON, SM5 2FH £320,000 13/09/2022 Flat
92 MULLARDS CLOSE, HACKBRIDGE, MITCHAM, SUTTON, GREATER LONDON, CR4 4FD £279,000 09/09/2022 Flat
Same street 215 MULLARDS CLOSE, HACKBRIDGE, MITCHAM, SUTTON, GREATER LONDON, CR4 4FF £225,000 11/07/2022 Flat
Same street 200 MULLARDS CLOSE, HACKBRIDGE, MITCHAM, SUTTON, GREATER LONDON, CR4 4FF £217,500 24/06/2022 Flat
Same street 203 MULLARDS CLOSE, HACKBRIDGE, MITCHAM, SUTTON, GREATER LONDON, CR4 4FF £265,000 27/05/2022 Flat
Same street 162 MULLARDS CLOSE, HACKBRIDGE, MITCHAM, SUTTON, GREATER LONDON, CR4 4FF £200,000 22/12/2021 Flat
Same street 195 MULLARDS CLOSE, HACKBRIDGE, MITCHAM, SUTTON, GREATER LONDON, CR4 4FF £234,000 28/10/2021 Flat
Same street 185 MULLARDS CLOSE, HACKBRIDGE, MITCHAM, SUTTON, GREATER LONDON, CR4 4FF £191,000 07/10/2021 Flat
Same street 184 MULLARDS CLOSE, HACKBRIDGE, MITCHAM, SUTTON, GREATER LONDON, CR4 4FF £210,000 13/08/2021 Flat
Same street 172 MULLARDS CLOSE, HACKBRIDGE, MITCHAM, SUTTON, GREATER LONDON, CR4 4FF £253,000 07/07/2021 Flat

Street average: £229,591 (11 sales)

Area average: £276,925 (20 sales)

Capital growth trend

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

5y growth -4.8%
10y growth -10.6%

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

1y (index) -3.1%
5y (index) 3.6%
10y (index) 14.5%

Rental Range

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

Low £1,392/mo
Realistic £1,547/mo
Optimistic £1,702/mo

Based on Local Authority from postcode lookup → Sutton.

LHA (30th percentile) floor for South East Herts: £833/mo (Apr 2025 – Mar 2026)

Location

Nearby

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

Type Name Distance
Bus stop Reynolds Close 0.2 miles
Shop Shilpa's News 0.2 miles
Shop A&J Mini Market 0.3 miles
Train station Hackbridge 0.5 miles
Train station Mitcham Junction 0.8 miles
Hospital Queen Mary's Childrens' Hospital 1.0 miles
Hospital Chapel Orchard Day Surgery 1.4 miles
University Horton Halls Reception 3.8 miles
University BIMM Institute London 6.9 miles

Street-level crime

Category Count
Violence and sexual offences 113
Anti-social behaviour 58
Shoplifting 32
Vehicle crime 26
Public order 22
Other theft 16
Drugs 15
Criminal damage and arson 14
Burglary 13
Other crime 5
Robbery 4
Possession of weapons 1
Theft from the person 1
Total incidents 320

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
Spencer Nursery School Nursery 0.2 miles Good — 20 Mar 2013
Culvers House Primary School Primary 0.2 miles Good — 4 Jul 2023
Wandle Valley Academy Other 0.3 miles Good — 6 Feb 2014
Hackbridge Primary School Primary 0.4 miles Good — 28 Apr 2014
Muschamp Primary School and Language Opportunity Base Primary 0.5 miles Requires improvement — 30 Jul 2023

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
1 Bed Flat, Otter Drive, SM5 £1,400/mo 1 0.17 miles OpenRent

Average rent: £1,400/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.7%
Max investor price (0.8%) £175,000
Target investor price (1%) £140,000
Gross yield 8.4%
Cost-to-rent ratio 11.9×
Monthly cashflow £447/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 9.3%
  • 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).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus 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).