4-bedroom house · SW19 3JY
For saleListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well proportioned 1930’s family home located on a popular road in Merton Park with a beautiful garden and a detached outbuilding.
This well maintained home offers a good balance of entertaining and living accommodation across three floors.
The bright property consists of a spacious double reception room with a gas fireplace and curved bay window, and a kitchen and study that both lead directly to the mature rear garden.
The garden offers a patio and level lawn which is surrounded by pretty plants and shrubs.
There is also a superb, lawfully constructed, detached outbuilding with gas central heating and electricity, which is currently arranged as a gym and large storage room but could be used as a home office or studio.
To the first floor are three bedrooms, one of which opens onto a full width balcony overlooking the rear garden, and a family bathroom with a separate shower.
The top floor been converted in recent years to create a further bedroom with a Juliet balcony and a bathroom, again with a separate shower.
The property benefits from planning permission to create a substantial 5 metre rear extension, allowing a buyer to significantly increase the size of the ground floor.
Please see plans enclosed: Merton planning application ref. 24/P1618.
As the permission for the rear extension falls under a larger home extension under permitted development, there is no time limit within which works must commence, as advised by the owner.
There is further potential to convert the garden outbuilding into a 1 bedroom annexe or into a double garage as there is rear alley access, STPP.
Poplar Road South is a well thought of road in the heart of Merton Park, moments from Mostyn Gardens.
Morden high street and underground station (Northern line) are also conveniently close by, along with well thought of schools such as Poplar Primary School.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
Agent & docs
FAQ
About 178, Poplar Road South, London
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