Summary - 18, Martin Grove SM4 5AJ
1 bed 1 bath Land
Large plot with rental income and clear redevelopment potential near transport.
Chain‑free freehold plot with two studios, one‑bed flat and two garages
Large rear plot with off‑street parking and driveway, good development potential
Close to Morden Underground and local train stations; strong transport links
Near Modern Hall Park and Ravensbury Park; local schools include outstanding options
Flats currently unregistered; new freehold title to be created during conveyancing
Dated condition: electric room heaters, likely no cavity wall insulation
High local crime levels and slow broadband speeds may affect lettings
Services untested; recommended full survey and planning checks
This large freehold plot in Martin Grove offers a compact income stream and clear redevelopment potential close to Morden town centre and Underground. The site includes two studios, a one‑bed flat, two garages, driveway and rear land, all sold chain‑free. Excellent local transport links and nearby parks add everyday convenience and tenant appeal.
The buildings are mid‑century and dated: heating is by electric room heaters, walls are cavity with assumed no insulation, and double glazing was installed post‑2002. Flats on the title are currently unregistered; a new freehold title for the sale will be created during conveyancing. Prospective buyers should plan for a legal process to resolve title registration.
This property suits an investor or developer comfortable with renovation and title work. It can be held as separate lettings, improved to increase rental value, or considered for redevelopment (subject to planning). Note practical drawbacks: high local crime levels, slow broadband, basic electric heating, and likely need for modernization and services testing.
Buyers are advised to commission a full survey, check planning potential with the local authority, and instruct conveyancers experienced with re‑titling unregistered flats. The large rear plot and off‑street parking provide flexibility for refurbishment or rebuilding schemes.
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