3-bedroom house · KT3 6NB
For saleReduced £25k (−4.2%) on 5 OctListed 73 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the sought-after West Barnes area of New Malden, this attractive three-bedroom family home presents an exciting opportunity for buyers looking to create their ideal home.
Offering approximately 898 sq ft of accommodation, the property features a spacious reception room with interconnecting dining room, a fitted kitchen, downstairs WC, three well-proportioned bedrooms and a family bathroom.
The property also benefits from off-street parking to the front.
Outside, the generous rear garden extends to almost 60ft and includes a useful brick-built outbuilding, providing excellent potential for storage, a workshop or future conversion (subject to the necessary consents).
While the property has been well maintained over the years, it would now benefit from some modernisation, making it an ideal project for those wishing to add value and personalise the space to their own taste.
Conveniently positioned just moments from Motspur Park Station, offering regular services into London Waterloo, the property is also close to local shops, cafés, bus routes and well-regarded schools.
New Malden, Raynes Park and Wimbledon are all within easy reach, providing an excellent selection of shopping, dining and leisure facilities, while nearby green spaces such as Sir Joseph Hood Memorial Playing Fields offer fantastic recreational opportunities.
Important note to potential purchasers & tenants: We endeavour to make our 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.
The 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 photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum of six months, with the exception of short term accommodation. A security deposit of at least one month’s rent is required.
Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Buyers information To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers.
We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers.
There is a nominal charge of £60 including VAT for this (for the transaction not per person), payable direct to Lifetime Legal.
Please note, we are unable to issue a memorandum of sale until the checks are complete.
Referral fees We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying.
We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider.
The ancillary service provider may be an associated company of Hawes & Co; ?>' HRP260253/
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 296, West Barnes Lane, New Malden
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