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See how verdicts work5-bedroom house · SM2 6LZ
Listing removedReduced £100k (−9.1%) on 26 JunListed 145 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Standing along a highly desirable tree-lined road, this distinguished period detached residence enjoys excellent and convenient access to both Sutton town centre and the charming Cheam Village, each offering an abundance of shops, amenities, cafés, restaurants and excellent transport connections.
Rich in timeless architectural character, the property presents a rare opportunity to acquire a home of exceptional scale, versatility and charm.
Beautifully blending elegant original features with the practicalities of modern family living, the accommodation extends across multiple thoughtfully arranged levels, offering both grandeur and flexibility throughout.
Approached via a mature frontage, the house immediately conveys a sense of privacy and prestige.
Internally, the accommodation is beautifully proportioned, with an abundance of natural light enhancing the refined interiors.
The principal reception rooms provide sophisticated yet welcoming spaces, perfectly suited to both formal entertaining and relaxed everyday living, while the breakfast room and kitchen create a warm and inviting heart to the home, also offering further scope for extension subject to the necessary consents.
Arranged across the upper floors are five generously appointed bedrooms, including an impressive principal suite, all complemented by family bathroom facilities.
The versatile layout makes the property ideally suited to growing families, multi-generational living, or those seeking dedicated work-from-home space.
A particular highlight of the property is the extensive basement level, comprising three separate rooms alongside a utility area.
This substantial and highly adaptable space offers excellent potential for conversion into additional living accommodation, leisure facilities, home offices, or further self-contained apartments, subject to the relevant planning permissions and building regulations.
The property is further enhanced by a beautiful mature rear garden, offering a wonderful sense of tranquillity and seclusion.
Thoughtfully established with mature planting, trees and well-maintained grounds, the garden provides an idyllic setting for outdoor entertaining, family enjoyment and relaxation, while also complementing the character and grandeur of the home.
Occupying the top floor is a self-contained apartment comprising a bedroom, living room and kitchen, currently tenanted and providing an attractive supplementary income stream.
Equally, this space could serve as independent accommodation for guests, relatives or an au pair suite.
Furthermore, the overall size, configuration and versatility of the property may offer additional scope for conversion into multiple apartments or investment units, subject to the necessary planning consents.
Positioned moments from the boutique amenities and restaurants this elegant residence offers a unique combination of heritage, flexibility and investment potential within one of the area's most sought-after settings.
With convenient access to nearby stations including Southern Rail services from Sutton Railway Station and Cheam Railway Station, which provides regular connections to London Victoria, London Bridge and Blackfriars.
A number of local bus routes also serve the area, offering easy travel to neighbouring towns and amenities, while the nearby A217 and M25 provide straightforward road access for commuters travelling further afield.
Important note to purchasers: We endeavour to make our sales 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.
Any 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 measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller. GMO260057
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
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.
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 98 Mulgrave Road, Sutton, Surrey
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