2-bedroom flat · SW16 6NR
Let agreedReduced £50 (−2.2%) on 19 SepListed 76 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exciting and secure courtyard development located in a popular and established residential community known as Furzedown.
The modern property offers two spacious double bedrooms, two beautifully finished bathrooms and a bright open-plan reception and kitchen, creating a stylish and contemporary living space ideal for modern living.
The open green spaces of Tooting Common are to the north and Streatham Common is to the east. Streatham is a location which attracts city commuters, young professionals and families alike.
Wates Yard is well located for public transport providing easy access to central London.
Streatham Station is about a nine minute walk to the east with trains taking approximately 10 minutes to Farringdon, 11 minutes to Victoria, 11 minutes to St Pancras International and 22 minutes to London Bridge, in the other direction Gatwick Airport takes approximately 22 minutes.
There is no parking at this property. Room dimensions pending verification. All known suppliers for mobile phone and broadband services are available in this area.
Information regarding broadband options and phone signal can be obtained from the Ofcom broadband and mobile coverage checker. Please contact us for further details.
It is not permitted for a tenant to register a company to the property or operate a business trade or profession from the property.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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 advisors 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
FAQ
About Flat 7, Wates Yard, 82, Mitcham Lane, London
Explore nearby
.png){kind=logo}
