1-bedroom house · CR4 2EH
To rentReduced £100 (−9.1%) on 29 SepListed 52 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled on Melrose Avenue in the heart of Mitcham, this delightful ensuite room is now available for rent in a charming four-bedroom house.
Spanning an impressive 1,098 square feet, this property offers a comfortable and inviting living space, perfect for those seeking a blend of convenience and community.
The room is furnished with essential amenities, including a bed base and mattress, wardrobe, fridge, and washing machine, ensuring a hassle-free move-in experience.
With a monthly rent of £1,150 and a deposit equivalent to the rent, this room presents an excellent opportunity for individuals looking for a well-priced accommodation option.
All bills are included in the rent, with the exception of electricity, allowing for straightforward budgeting.
Situated in a well-connected residential area, the property boasts excellent transport links.
Several bus stops are within easy reach, providing seamless connections to Mitcham, Tooting, Streatham, and beyond.
Additionally, nearby train stations, including Mitcham Eastfields, Tooting, Streatham Common, and Tooting Broadway Underground, make commuting a breeze.
For those who enjoy shopping and dining, the local area offers a variety of grocery stores and eateries, ensuring that all your daily needs are met within close proximity.
This ensuite room is available for immediate occupancy, making it an ideal choice for anyone looking to settle into a vibrant and accessible part of Mitcham.
Don’t miss out on this fantastic opportunity to make this lovely room your new home.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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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 Melrose Avenue, Mitcham
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