2-bedroom flat · SM5 2JT
For saleReduced £10k (−3%) on 8 OctListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb two-bedroom, two-bathroom modern apartment set within the highly desirable and rarely available Waterside Court on Millpond Place.
Located moments from Carshalton train station, Village and Grove Park & "The Ponds" A superb two bedroom, two bathroom modern apartment set within the highly desirable and rarely available Waterside Court on Millpond Place.
Positioned on the first floor and offered in good condition throughout, the property comprises a spacious open-plan kitchen/reception/dining room, two bedrooms, a family bathroom and an en-suite shower room to the principal bedroom.
Further benefits include private allocated parking, a useful storage shed and a 100 year lease, making this an ideal opportunity for first-time buyers, professionals or investors alike.
Millpond Place is ideally situated just moments from Carshalton Train Station, providing excellent transport links into London, while Carshalton Village is also within easy reach with its selection of independent shops, cafés and restaurants.
The property is perfectly placed for enjoying the surrounding Grove Park, The Ponds and local green spaces, offering a fantastic balance of convenience and lifestyle.
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Entrance hall kitchen/reception/dining room 20' 1" x 12' 2" (6.12m x 3.71m) bedroom 1 11' 6" x 11' 1" (3.51m x 3.38m) ensuite shower room bedroom 2 9' 6" x 8' 4" (2.9m x 2.54m) bathroom 7' 1" x 5' 8" (2.16m x 1.73m) private allocated parking 100 year lease
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 29 Waterside Court, Millpond Place, Carshalton
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