Studio flat · CR4 2EL
To rentReduced £100 (−10%) on 8 OctListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
RS Estate Agents are pleased to present this fully furnished bedsit on Park Avenue, Mitcham, available now at £1,000 pcm.
Designed for 1 person, the accommodation provides a private living and sleeping space alongside its own ensuite WC and shower, giving the occupant privacy without the need to share bathroom facilities.
An undercounter fridge and washing machine add everyday convenience, while residents have access to a large shared communal kitchen.
This arrangement keeps cooking separate from the main bedsit and provides a dedicated space for preparing meals. Central heating and double glazing are also included within the property.
Council tax, gas and water are included in the monthly rent, helping to keep several regular household costs straightforward.
Residents' on-street parking is available subject to local restrictions and availability. Please note that this bedsit is strictly suitable for a single occupant only.
Key Details: • Property type: Bedsit • Strictly single occupant only • 1 private ensuite shower room/WC • Large shared communal kitchen • Undercounter fridge • Washing machine • Fully furnished • Central heating • Double glazing • Council tax, gas and water included • Residents' on-street parking, subject to availability • Rent: £1,000 pcm • Available now Transport, Local Life and Amenities: Local National Rail options include Tooting and Mitcham Eastfields, both situated in Zone 3.
TfL bus stops around Ashbourne Road are served by routes 127 and 201, with the 127 providing connections towards Tooting Broadway and through Mitcham Fair Green.
For outdoor space, Figges Marsh is a large Merton Council-managed open space bordering Mitcham, Streatham and Tooting.
Mitcham town centre also offers a council-run market with stalls selling goods including fruit and vegetables, clothing and pet supplies.
For private bedsit accommodation with useful included bills and access to a large communal kitchen, contact RS Estate Agents today to arrange your viewing.
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 Flat 1 GFF, 16, Park Avenue, Mitcham
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