1-bedroom flat · SM6 9BS
To rentListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to offer to the market this fully refurbished one bedroom second (top) floor flat. It is ideally situated to local shops and bus routes and Mellows Park is only a stone’s throw away.
It is also only a 0.7 mile walk away to Wallington Railway station. Benefits include; gas central heating, double glazed windows, newly fitted kitchen and shower room.
Lounge 15' 5" x 15' 3" (4.70m x 4.65m) Open plan to kitchen with laminate wood floor and front aspect double glazed windows.
Kitchen Modern open plan kitchen to lounge with Bosch washing machine, under counter fridge and freezer, electric hob, electric oven and air filter hood over.
Bedroom 11' 5" x 9' 11" (3.48m x 3.02m) Newly fitted carpet, single radiator, cupboard housing Ideal gas combi boiler, rear aspect double glazed window.
Shower Room 7' 1" x 4' 9" (2.16m x 1.45m) Modern shower room with extractor fan, wash hand basin with mixer tap and cupboard underneath, shower cubicle with thermostatic shower, close coupled W.C., extractor fan, rear aspect double glazed window.
Tenancy Info Relevant letting fees Holding Deposit: 1 weeks rent. Security Deposit: 5 weeks rent.
During the tenancy: Payment of £50.00 inclusive of VAT if you want to change the tenancy agreement Payment of interest for the late payment of rent at a rate of 3% above The Bank of England base rate.
Payment of £15.00 per hour inclusive of VAT for the reasonably incurred costs for the loss of keys/security devices Payment of any unpaid rent or other reasonable costs associated with your early termination of the tenancy Tenant protection Homecare Estates is a member of is a part of the National Federation of Property Professionals Client Money Protection Scheme through their membership of ARLA Propertymark (The Association of Residential Letting Agents).
Homecare Estates is a member of The Property Ombudsman, which is a redress scheme. You can find out more details on the agent’s website or by contacting the agent directly. Please note that lett...
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 162b, Stafford Road, Wallington
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