4-bedroom house · KT3 4JX
Under offerListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright, truly unique and completely modernised house, immaculately maintained with a very generous garden and set in the heart of New Malden.
Located on a popular residential road, this attractive house has been extensively refurbished, remodelled and extended throughout by the current owners to create a wonderful family home.
Of particular interest is the fantastic entertaining space that flows seamlessly between the ground floor rooms and to the garden, the high ceilings throughout and the fine attention to detail.
The impressive, open plan kitchen/dining/family room has been extended to stretch the full width of the house (33’) benefitting from a substantial waterfall island, with bar stools, skylights and a feature gas fireplace.
The striking, bespoke kitchen is fitted with Gaggenau appliances, a Quooker 4-function tap and plenty of modern cabinetry.
To one side of the kitchen full height, discreet pocket doors lead to the formal reception room with a pretty bay window, a wood burner and an eye catching fireplace surround.
Through slim floor to ceiling sliding doors in the kitchen, the landscaped garden has been thoughtfully designed, blending contrasting textures to outline different areas of the garden; the terrace, perfect for entertaining and al fresco dining, a quiet lounge area and a lawn with mature Olive trees.
An additional highlight to the garden is the superb detached outbuilding with bifold doors, offering versatile use as a home office or garden studio.
A gym, fitted utility room and guest WC complete the ground floor. The principal bedroom suite overlooks the rear garden from a Juliet balcony on the recently converted top floor.
From the bedroom is both a fitted dressing room and an en suite shower room. There are three further bedrooms on the first floor, and a spacious family bathroom with a separate shower.
Engineered wood floors, with underfloor heating on the ground floor, run continuously from the front of the house to the rear creating a sleek contemporary look throughout.
All the double bedrooms also benefit from air conditioning.
To the front of the house is off street parking, wiring ready for an electric car charging point to be added and a heavy duty motorbike anchor.
Hoppingwood Avenue is a quiet road conveniently located just moments from New Malden high street and station, with fast and frequent train links to Waterloo or towards Surrey.
The house is ideally situated for excellent state and independent schools, whilst well thought of golf courses and sports facilities are also nearby.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 Olea, 38, Hoppingwood Avenue, Surrey
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