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    Data sources: HM Land Registry · EPC Open Data · Ordnance Survey · ONS and other open data.

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    1. Home
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    3. 2 bed flat for sale in Lake Close, Wimbledon SW19
    Full property analysis
    OverviewAboutValue & compsReturnsDealAreaAgent & docsFAQ

    Stricter Pursue picks

    We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.

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    1 / 5

    No floorplan from the agent

    3, Lake Close, Wimbledon, SW19 7EG

    2-bedroom flat · SW19 7EG

    871 sq ftEPC D1 bathTwo bedrooms · One Bathroom · One Reception room
    Asking
    £500,000

    No longer listed · Reduced £25k (−4.8%) on 28 Jul · Listed 224 days

    Investor metrics
    Sign in to see yield, deal score, rent estimate, and BMV.
    HMO Article 4 Direction AreaLondon Borough of Merton Article 4 (HMO) · C3 → C4 HMO conversion requires planning permission here

    Opportunity summary

    See Archie’s verdict, returns by strategy and what to check before viewing.

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    About

    The property

    A superb and spacious two-bedroom ground floor flat set within an immaculately maintained gated development, located less than a 10-minute walk from Wimbledon Station and Wimbledon Village.

    Positioned on the first floor of this impressive development, the property offers bright and generously proportioned accommodation with attractive views over beautifully landscaped gardens.

    The well-planned layout comprises a large double reception room and two well-sized bedrooms.

    The property offers excellent potential and would benefit from full modernisation, making it an ideal opportunity for buyers looking to refurbish and add value.

    Important note to potential purchasers & tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.

    The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.

    All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.

    If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.

    Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.

    Potential tenants: All properties are available for a minimum of six months, with the exception of short term accommodation. A security deposit of at least one month’s rent is required.

    Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.

    Buyers information To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers.

    We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers.

    There is a nominal charge of £60 including VAT for this (for the transaction not per person), payable direct to Lifetime Legal.

    Please note, we are unable to issue a memorandum of sale until the checks are complete.

    Referral fees We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying.

    We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider.

    The ancillary service provider may be an associated company of Hawes & Co; ?>' HWV260048/

    Key information

    Price per sq ft
    £574/sq ft
    Based on 871 sq ft (81 sq m)
    Floor area
    871 sq ft (81 sq m)
    Council tax band
    Band D
    Estimated ~£1,800/year
    EPC rating
    D
    current
    Tenure
    Leasehold (852 years)
    Property age
    Built 1950–1966
    Local authority
    Merton
    London Borough
    County
    Greater London Authority
    Property features
    • Two bedrooms
    • One Bathroom
    • One Reception room
    • Ground Floor Flat
    • Leasehold 852 years
    • Service charge £2,420 pa
    • Tenure: Leasehold
    Sign up free to see flood risk and more→

    Value & comps

    What is it worth?

    No previous sales on record.

    Comparable salesNo comps yet
    No comparable sales matched this property yet.

    Returns

    What does it return?

    Set an offer; the calculator follows it.

    Rent evidence
    Rental benchmark

    Nearby rental comparables

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    Local SA Market

    Short-let restrictions apply

    • Greater London: an entire home can be let short-term for at most 9090 short-let nights plus a mid-term let for the rest of the year.
    • England: a national short-term let register is being introduced; register the property before letting.

    We're still gathering serviced-accommodation data for this area.

    Archie refurb estimate: a Pro feature·

    Feeds your report · not a commitment

    0.0% below asking

    Model

    Run the numbers.

    BTL · HMO · BRRR · SA · Flip — editable, saved scenarios
    Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios
    Investment Disclaimer

    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.

    Mortgage

    Deal

    Is it a deal?

    ✨
    Archie’s verdict
    PursueArchie has scored this property.
    Sign in to see Archie's call — Pursue, Watch or Pass — with the reasons and a suggested offer.
    25/100
    Deal score · weighted
    Watch; deal signals are weak

    Factor breakdown
    BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.
    0/25
    Yield potential—
    0/25
    Motivation signalsNot enough data
    0/25
    Days on market224 days · price-fatigue
    25/25
    —
    Seller motivation
    Not scored yet

    Days on market224
    Price reduction-4.8%
    STC fall-through—
    Back to market—
    Agency change—
    EPC ratingD
    Listing timeline
    First listedListed at £525,00018 Mar 2026
    Price reduced£525,000 → £500,000 (−4.8%)28 Jul 2026
    Still activeDay 224 on marketToday
    Strategy fit
    No strategy scores available yet.
    Article 4HMO Article 4 applies

    HMO Conversion Potential

    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.

    Tier, yield projection, and cost stack — Pro tier only.

    PD Conversion Potential

    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.

    Tier, route, yield projection, and cost stack - Pro tier only.

    BRRR Candidate

    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.

    Tier, refurb cost, ARV, and refi maths - Pro tier only.

    Plot subdivision potential

    Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

    Lease extension arbitrage

    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.

    Serviced Accommodation

    Pro

    See projected short-stay revenue vs a vanilla BTL for this property.

    Rent-to-Rent strategy fit

    Pro

    See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.

    Area

    The area

    Living here

    SchoolsLoading
    StationsLoading
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    Location
    More market detail▾
    SW19 · Live market data · flat only
    SW19 aggregates aren't available right now. The full comparables table below still loads — try refreshing in a few minutes.

    Agent & docs

    Move it forward

    Listing agent
    Hawes & Co - Wimbledon Village logo
    Hawes & Co - Wimbledon Village
    listed on zoopla
    020 3478 3569View on zoopla

    View more properties from this agentIs this your home? Ask us to remove this listing
    Planning & investor docs
    Nearby planning applications, EPC, floor plans, Land Registry and HMO checks unlock with a free trial.

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    FAQ

    Questions

    About 3, Lake Close, Wimbledon

    How much is 3, Lake Close, Wimbledon?
    The asking price is £500,000.
    What kind of property is 3, Lake Close, Wimbledon?
    A 2-bedroom flat in SW19 7EG.

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