1-bedroom flat · SW16 1AB
For saleReduced £25k (−7.7%) on 12 SepListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Please quote EM0546 - guide price £325k - £350k Bright and spacious one double bedroom top floor flat (528sqft), superbly situated in the heart of Streatham, just moments from Streatham Hill station and a vibrant array of amenities.
The property offers fantastic living space with modern interiors and neutral finish throughout.
Features include an inviting reception room, separate well equipped kitchen, part metro-tiled bathroom, inbuilt storage, gas central heating, and double glazing.
Accommodation comprises entrance with stairs rising into the light and airy reception room, flooded with natural light, with ample space for relaxing and dining.
A doorway leads through to the separate kitchen, comprising a range of matching wall and base units with work surfaces incorporating inset sink unit, gas hob with overhead extractor and electric oven, and further space for appliances.
There is a spacious double bedroom with a useful inbuilt storage cupboard, and a stylish bathroom with modern bath suite and part tiled walls.
The property is located next to Streatham Hill station, with underground services available from neighbouring Tooting Bec, Balham and Brixton, and numerous regular bus routes.
Streatham itself offers an array of shops, bars, restaurants, cafes and delicatessens, as well as supermarkets and leisure facilities including a cinema.
The area is well served by attractive open spaces including nearby Streatham Common, and Tooting Bec, with its famous Lido, each providing fantastic open space and recreation ground.
Access to parking at the rear of the building by request. First come first serve. Service charge - £150pcm (c.£1.800pa) which covers building insurance, communal costs and adds to sinking fund.
Ground Rent - £0.00 Share of Freehold with c.999yrs on lease (recently renewed) Streatham Hill Station 0.2 miles Streatham Station 0.9 miles Balham Station 0.9 miles Viewings are highly recommended.
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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
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FAQ
About 8,Flat 7, Drewstead Road, London
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