2-bedroom flat · SM1 2AF
Under offerListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*cash buyers only* 57 year lease remaining - Watson Homes are delighted to offer this fantastic investment opportunity.
The property is a ground floor maisonette in need of complete modernisation throughout, benefitting from its own private garden and no onward chain.
Perfectly positioned within walking distance of Sutton station, offering direct links into Central London in under 30 minutes, as well as a range of bus routes and the vibrant High Street with its shops, cafés, and restaurants.
The area is particularly well regarded for its outstanding schools, including Sutton Grammar School, Sutton High School, Nonsuch High School for Girls, and Homefield Preparatory School.
Nearby Manor Park provides excellent green space for leisure and recreation. Accommodation Part glazed wooden front door to... Entrance hall Wall mounted heater, storage cupboard.
Lounge/diner UPVC double glazed leaded light windows and doors to rear aspects, gas fireplace with tiled surround, wood block flooring, coved ceiling.
Kitchen Fitted wall units with cupboards below, sink with chrome taps, UPVC double glazed leaded light windows to side aspect.
Bedroom one UPVC double glazed leaded light bay window to front aspect, wall mounted heater, wood block flooring, coved ceiling.
Bedroom two UPVC double glazed leaded light window to front aspect, warm mounted heater, coved ceiling, wood block flooring.
Bathroom Comprising panel enclosed bath with chrome mixer tap and wash hand basin at side, heated towel, obscure UPVC double glazed leaded light window to side aspect.
Separate WC Consisting of low-level flush WC and obscure window to side. Sheltered rear sunroom with side access and sliding door doors leading to garden.
Private rear garden, paved patio with mature shrubs, fence enclosed.
Buyer’s information Under UK law, estate agents are legally required to conduct Anti-Money Laundering (aml) checks on buyers and sellers to comply with regulations.
These checks are mandatory, and estate agents can face penalties if they fail to perform them. We use the services of a third party to help conduct these checks thoroughly.
As such there is a charge of £36 including vat, per person. Please note, we are unable to issue a memorandum of sale until these checks are complete.
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 Flat 3, Greensleeves Manor, Grove Road, Sutton
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