1-bedroom flat · SW16 6RE
For saleReduced £25k (−7.7%) on 25 SepListed 52 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic chain free one-bedroom flat situated in the heart of the highly sought-after Furzedown area, occupying the first floor of an attractive period conversion.
The property retains a wealth of original Victorian features, including large windows, while having been fully redecorated within the last two years and benefiting from a new boiler fitted during the same period.
The accommodation comprises a spacious and bright reception room, a separate modern kitchen with gas hob, and a well-proportioned double bedroom with an en-suite bathroom.
The apartment offers light and airy living throughout, combining period charm with modern touches.
Penwortham Road is ideally positioned for the excellent range of local amenities found along Moyser Road and Tooting High Road, with buses stopping directly outside the property.
Streatham Common Station is just half a mile away, providing fast services into Victoria, while Tooting Broadway Underground Station and Tooting mainline station are also within easy reach, offering convenient connections to the City and West End.
The location is particularly well suited to families, with both Penwortham Primary School and Graveney School, rated Outstanding by Ofsted, close by.
A wealth of green spaces, shops and everyday amenities are also nearby, making this a fantastic and well-connected home in a popular residential setting.
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
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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 Flat 2, 48, Penwortham Road, London
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