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See how verdicts workStudio flat · CR4 3EX
Listing removedReduced £5k (−3.1%) on 27 JunListed 180 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Prime new listing. We are excited to present this vacant studio flat located within a prime location in Mitcham.
Sales Evidence: **Flat 4, Noble Court, Church Road, Mitcham CR4 3EX, sold for £320,000 in 2022. Flat 1,261 Noble Court, Church Road, Mitcham CR4 3EX, sold for £280,000 in 2021.
Flat 21,261 Noble Court, Church Road, Mitcham CR4 3EX, sold for £330,000 in 2023.** With the potential to achieve rental income between £1,200 and £1,450, this property presents a compelling opportunity for investors seeking strong returns.
Walk-in ready, this flat is ideal for investors or first-time buyers looking for an effortless purchase in a desirable locale.
Situated close to local amenities, this property ensures convenience and ease of lifestyle, enhancing its appeal to potential tenants and buyers. Prime new listing.
We are excited to present this vacant studio flat located within a prime location in Mitcham.
The property comprises a versatile living room/bedroom area, a well-equipped kitchen, and a modern bathroom.
With the potential to achieve rental income between £1,200 and £1,450, this property presents a compelling opportunity for investors seeking strong returns.
Walk-in ready, this flat is ideal for investors or first-time buyers looking for an effortless purchase in a desirable locale.
Situated close to local amenities, this property ensures convenience and ease of lifestyle, enhancing its appeal to potential tenants and buyers.
The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
Excellent sales evidence in the area: Flat 4, Noble Court, Church Road, Mitcham CR4 3EX, sold for £320,000 in 2022. Flat 1,261 Noble Court, Church Road, Mitcham CR4 3EX, sold for £280,000 in 2021.
Flat 21,261 Noble Court, Church Road, Mitcham CR4 3EX, sold for £330,000 in 2023. This lot is open to immediate offers.
Should you wish to offer now, you can do so via our “Offer now” button on our website. This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
For further details on how to have a bidding account created, please contact the team. Location Mitcham is a vibrant area in South London known for its blend of urban living and green spaces.
Offering a range of amenities, shops, and easy access to public transport, it makes for a sought-after residential location.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 advisers 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
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FAQ
About 261, Church Road, Mitcham
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