3-bedroom flat · SM6 9DL
Listing removedListed 339 days
Opportunity summary
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About
Located within a popular cul-de-sac this three-bedroom, split-level, maisonette presents the perfect purchase for anyone who wants to live in a modern and sizeable property.
The interior includes three good-size bedrooms, bathroom, additional W.C, open-plan lounge/diner, good-size kitchen, double-glazing and gas central heating.
In addition, the property also benefits from two balconies and a lease recently extended to 989 years approximately.
Olley Close is well located for popular schools which include Foresters Primary School, Bandon Hill Primary School, Wilson's Grammar School, St Elphege's RC Junior School and Wallington Primary Academy.
Wallington & Waddon Railway Stations offer swift and easy access to a range of stations including London Bridge, London Victoria, West Croydon, Epsom and Sutton.
Local bus routes include the 154 which can be used to access West Croydon and Morden.
Wallington High Street offers a range of shops, bars, restaurants, gyms and amenities while there is also a local Tesco Express within ideal proximity to Olley Close.
The local area also enjoys open green spaces including the historic Beddington Park, Mellows Park, Roundshaw Park, while leisure facilities include Phoenix Leisure Centre.
There are good transport links with bus routes serving Croydon, Sutton and Purley, and amenities nearby with local shops and Phoenix Leisure Centre easily accessible.
Mellows Park and Roundshaw Park provide local green space to enjoy. Entrance Hall - The entrance hall includes stairs to first-floor and coved ceiling.
First-Floor Balcony - The balcony includes a tiled floor.
Lounge/Diner - The lounge/diner includes two radiators, two double-glazed windows, double-glazed glass-panel door leading to balcony, coved ceiling, down-lights and stairs ascending to second-floor.
Kitchen - The kitchen includes tiled floor, wall & base level units with work surface area, four-ring gas hob with stainless-steel extractor hood, oven, partially-tiled walls, sink with drainer, space for dishwasher, space for washing machine, space for fridge-freezer, double-glazed two-casement window and cupboard housing boiler.
W.C - The W.C includes tiled floor, partially-tiled walls, vanity unit incorporating wash-hand basin with stainless-steel mixer tap, low-level W.C with dual-flush & concealed cistern and extractor fan.
Second Floor Landing - The landing includes loft hatch, down-lights, coved ceiling and cupboard housing hot water cylinder.
Master Bedroom - The master bedroom includes two-casement double glazed window, coved ceiling and down-lights.
Bedroom Two - Bedroom two includes double-glazed window, double-glazed glass-panel door leading to balcony, radiator, coved ceiling and down-lights.
Balcony - Bedroom Three - Bedroom three includes radiator, two-casement double-glazed window, coved ceiling and down-lights.
Bathroom - The bathroom includes tiled-enclosed bath with waterfall shower head, shower hose attachment & wall-controls, low-level W.C with dual-flush, tiled floor, tiled walls and wash-hand basin with stainless-steel mixer tap.
Value & comps
No previous sales on record.
Returns
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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 Olley Close, Wallington
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