1-bedroom house · CR4 3DF
Sold STCReduced £15k (−5.5%) on 17 AugListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Green Lane Residential are delighted to introduce this exceptional freehold property, offering a rare opportunity to own a contemporary architectural home in the sought-after Lavender Fields area of Mitcham, within the London Borough of Merton.
Designed with individuality and modern living in mind, this impressive residence is arranged over two floors, with one level cleverly positioned within the lower ground floor to create a distinctive and versatile living environment rarely found at this price point.
Combining the benefits of freehold ownership with a price comparable to many local flats, this unique home represents outstanding value for buyers seeking something genuinely different.
Built approximately three years ago, the property combines contemporary design with practical functionality, offering thoughtfully arranged accommodation with well-proportioned living spaces.
The lower-ground floor has been cleverly designed to maximise space and usability, creating a comfortable and versatile home suited to a variety of lifestyles.
The lower-ground-floor bedroom provides a peaceful and private retreat, with direct access to the private courtyard garden, creating a seamless connection between indoor and outdoor living.
The property also benefits from a dedicated cycle store, adding further practicality and convenience for modern day living.
The property enjoys excellent transport connections and convenient access to local amenities.
Phipps Bridge and Belgrave Walk tram stops are both approximately a 10-minute walk away, while Colliers Wood Underground station is also within easy reach, providing straightforward access across London.
The surrounding area offers a range of everyday amenities, including nearby shops and supermarkets, while residents can enjoy the open green spaces of Mitcham Common.
Combining connectivity, convenience, and excellent value for money, this home is an ideal choice for first-time buyers
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About 17, Lewis Road, Mitcham
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