Studio flat · CR4 2HF
Listing removedListed 38 days · slow let
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 ground-floor front double room on Fernlea Road, Mitcham CR4 2HF, available now at £700 pcm with all bills included.
The room offers a comfortable, ready-to-move-in setup, with access to a shared kitchen, WC and shower facilities.
With monthly bills included in the rent, it is a simple and practical option for a single tenant looking for straightforward living in a well-connected part of Mitcham.
Due to HMO licence restrictions, the room is strictly suitable for 1 person only.
Key Details: • Fully furnished double room • Ground-floor front position • Shared kitchen • Shared WC and shower • Rent: £700 pcm • All bills included • Strictly single occupant only • Available now • Location: Fernlea Road, Mitcham CR4 2HF Transport, Local Life and Amenities: The property is very well positioned for rail travel.
Mitcham Eastfields is the nearest station, approximately 300 metres away, serving Southern and Thameslink services. Tooting station is around 1.1 km away, giving an additional rail option.
Local buses are also convenient, with stops around Mitcham Eastfields serving routes 152,463 and 633, while nearby Locks Lane and Eveline Road provide further connections including 127,201,264,270,280,355, N44 and S1.
For everyday shopping and services, Mitcham town centre is an established local hub where residents can shop, socialise and access services.
Mitcham Market, located in the town centre, operates with 28 pitches from Monday to Saturday and offers goods ranging from fresh produce to clothing and pet supplies.
For outdoor space, Figge's Marsh is around 0.3 miles from the postcode, while Brenley Park is also nearby and offers open grass and a play area.
An affordable furnished double room with all bills included and excellent access to Mitcham Eastfields - 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
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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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 Room 1, 31, Fernlea Road, Mitcham
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