3-bedroom flat · CR4 4DJ
Let agreedListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Are you over 21, with a regular income (or proof of financial stability), and living without pets or under-18 dependants?
If so, you may be eligible to join our Property Guardian scheme and secure a self-contained 3 bed flat under a flexible monthly Licence Agreement with just 28 days’ notice.
Key Details: Property Type: Spacious 3 bed self-contained flat, available at £1,100 pcm (excluding utility bills and Council Tax).
Property Features: The property includes a modern kitchen, spacious living area, one bathroom and three bedrooms.
Transport/Commute: The property benefits from excellent transport connections, with Morden Station just a 15-minute walk away, providing access to the Northern Line for easy travel into Central London and surrounding areas.
Mitcham Tram Stop is also conveniently located only a 9-minute walk from the property, offering additional links across South London.
There are also plenty of local bus routes nearby, making commuting and getting around the area quick and convenient.
Neighbourhood/Activities: The property is ideally located close to Morden town centre, with Sainsbury’s just a 15-minute walk away alongside a range of popular high street shops including Boots and Superdrug.
You can also enjoy a variety of nearby eateries such as Pepe’s, cafés, takeaways, and local restaurants, offering plenty of options for shopping, dining, and everyday convenience.
Requirements: Over 21 years old. Regular income or proof of financial stability. Some pets may not be allowed . No under 18 dependants living with you . Non-smoker indoors (smoking allowed outdoors).
All applications are subject to credit and reference checks. Able to move on 28 day notice. How to Apply: Ready to make this space your own?
Contact us today to arrange a viewing and take the next step towards affordable, flexible living.
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
We're still gathering serviced-accommodation data for this area.
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 advisors 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
FAQ
About 189, Morden Road, Mitcham
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