We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · SW17 8AQ
For saleReduced £25k (−7.1%) on 15 AugListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this bright and spacious ground-floor purpose-built apartment on the ever-popular Elmfield Road, ideally situated in the heart of vibrant Balham.
Offering approximately 45.1 sqm (484 sqft) of well-planned accommodation, this attractive home features a generous reception room, a spacious double bedroom, a large fitted kitchen with ample dining space, a modern bathroom, and exceptional built-in storage throughout.
A particular highlight is the separate utility/storage room, complemented by 4 additional storage cupboards, providing an abundance of practical storage rarely found in a one-bedroom apartment.
The property enjoys an EPC Rating of C, gas central heating, and permit parking, making it both comfortable and energy-efficient for everyday living.
Ideally located just a short walk from Balham Underground Station (Northern Line) and National Rail Station, the property offers superb transport links into Central London.
Residents can also enjoy the wide selection of cafés, restaurants, independent shops and supermarkets along Balham High Road, together with nearby green spaces including Tooting Common.
Offered with no onward chain, this property is ready for immediate occupation and represents an excellent opportunity for first-time buyers, professionals, downsizers, or investors seeking a well-connected home in one of South West London's most desirable neighbourhoods.
ML & Source of Funds Checks Please note that if your offer is accepted, Samuel Estates is required by law to carry out Anti-Money Laundering (aml) and Source of Funds checks.
These checks are completed via our secure compliance partner, Hipla, at a cost of £30.00 including VAT per person.
Where any part of the purchase funds is being provided by a third party (for example, a gifted deposit), the individual(s) providing those funds will also be required to complete identity and source of funds checks.
Please note that a Memorandum of Sale cannot be issued until all required checks have been successfully completed.
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
.png){kind=logo}
FAQ
About 1, Flat 23, Elmfield Road, London
Explore nearby
