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See how verdicts workStudio flat · SW19 1DF
For saleListed 811 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE - The freehold titles; SGL696572, TGL115323, TGL141010 which is a double retail shop with three C3 residential flats above (1x 1 bed, 1x 2 bed and 1x 3 bed flat.
Being sold "Unconditionally" with no planning history but with the benefit of rental income.
The freehold comprises of the following: Ground Floor Commercial with two entrances - A1 Carpet Shop and Rear - Approx. 333.6 Sq M (3,591 sq.ft.). First Floor Residential 1 bed Flat 19a - Approx.
38.1 Sq M (410 sq.ft.). First / Second Floor Duplex Residential 2 bed Flat 19b - Approx. 69.6 Sq M (749 sq.ft.). First / Second Floor Duplex Residential 3 bed Flat 17 - Approx.
119.3 Sq M (1,284 sq.ft.). TOTAL ACCOMMODATION - 561 Sq M (6,039 sq.ft.). Planning: The asset is being sold "Unconditionally" without planning. No planning applications have been submitted.
There are however two planning permissions which have been granted, very close to the property asset. 1.
Land to the rear of The Nelson Arms 15 Merton High Road - Application 15/P0230 granted for a three storey 7 unit flatted scheme - now built and sold. 2.
Land to the south and west of the site - Outline Application 2017/6565 granted to built up to 10 storeys to the side and rear of the site. This application was made by Clarion Housing.
Next door at 21 Merton High Street the freeholder has expressed an interest to also sell their freehold and the 3x residential flats.
They have sold off the commercial "Nail bar" on a long lease but I am also in touch with the owner who is also happy to discuss a sale.
This would create a sizeable block with the exception of The Nelson Public House.
Transport Links: The site is equal distance between Colliers Wood and South Wimbledon tube station with its Northern Line into London.
Colliers Wood Station is 0.4 mile & South Wimbledon Station is 0.3 miles.
Energy Performance Rating (EPC) Energy Ratings: D (Flat 9a & b), G (Flat 17a) Council Tax Band - A (Flat 19a), C (Flat 17a & 19b)
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 Merton High Street, London, SW19
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