3-bedroom terraced house · CR4 2HL
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This attractive three-bedroom mid-terrace freehold house on Elmfield Avenue, CR4, offers approximately 1,085 sq ft of well-proportioned accommodation, combining charming features with a practical layout and exciting potential for further improvement, subject to the necessary planning permissions.
Offered to the market chain free.
Upon entering the property, you are welcomed by a beautiful front reception room, featuring an elegant bay window, decorative cornicing and an attractive fireplace, creating a characterful space.
Beyond, a separate dining room provides ample room for a large dining table, making it ideal for family meals and entertaining.
To the rear, the kitchen offers a practical layout with a good amount of worktop space, room for a large fridge freezer and a generous oven with a five-burner hob.
A couple of steps lead down to a useful utility area, where the washing machine is housed alongside a bespoke rear bench, adding further functionality to the space.
Double doors open directly onto the private rear garden, creating a natural connection between the indoor and outdoor living areas.
The landscaped garden has been thoughtfully arranged, with a paved section closest to the house, ideal for outdoor dining and seating, followed by an area of artificial lawn.
At the far end, a garden shed provides valuable additional storage.
The first floor comprises two bedrooms, including a generous principal bedroom measuring approximately 13’ x 11’, complete with fitted wardrobes.
A three-piece family bathroom is also conveniently located on this level.
Stairs lead to the top floor, where a third bedroom provides versatile accommodation, ideal for guests, a growing family or a home office.
An appealing feature of the property is the opportunity to add further value, with potential to extend further into the loft and create a side return extension at ground-floor level, subject to the relevant planning permissions and building regulations.
The property is conveniently positioned within reach of the open spaces of Figges Marsh and Tooting railway station, while the neighbouring areas of Furzedown and Tooting Broadway offer a wider selection of local amenities, shops, restaurants and transport connections.
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
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FAQ
About Elmfield Avenue, Mitcham, CR4
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