Auction
Auction date passed
This lot went to auction on 7 October 2026 (19 days ago) but remains listed. It was still on the portal today. That usually means it didn’t sell — it may now be available by private treaty or head to a future auction. Worth confirming current availability with the agent.
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See how verdicts workStudio flat · SW20 9NQ
For saleListed 40 daysAuction 7 Oct · unsold, still listed
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price = £50,000+ **For Sale By Public Auction 7th October 2026 09:30 am.
To inspect the legal documents for this property go to our website to download the legal pack** A Virtual Freehold Roof Space Offered with Planning Permission for the Erection of a Two Storey Roof Extension to Provide Twelve Flats.
Tenure Leasehold. The property will be held on a new 999 year lease. Location The property is situated on a residential road close to local shops and amenities.
The open spaces of Morden Park are within easy reach. Transport links are provided by St Helier rail station.
Description The property comprises the roof space above the existing building which is currently arranged over ground and three upper floors.
Planning Merton Borough Council granted the following planning permission (ref: 24/P2915) on 26th March 2025 : 'Proposed erection of a two storey roof extension to provide 12 no.
Flats and associated works including the erection of 3 no. Lift shafts'. There are no internal viewings
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
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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
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