2-bedroom flat · CR4 1SL
To rentListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Top floor two bedroom apartment offered to the rental market unfurished with one allocated parking space.
Mitcham offers access to Mitcham Junction and Mitcham Eastfields stations, providing rail and tram connections to central London and surrounding areas.
The area includes Mitcham Common and Figges Marsh, with open green space and walking routes.
Local shopping is available at Mitcham town centre, with additional retail and dining options nearby at Colliers Wood and Wimbledon.
Residents have access to local schools, medical services, leisure facilities, and regular bus routes linking to Croydon, Tooting, and Morden.
Top floor apartment comprises of two double bedrooms and offered to the rental market unfurnished.
Lounge/diner, New laminate flooring laid to all room except the bathroom and kitchen - (September 2026). Bathroom with shower attachment over bath and heated towel rail.
The Kitchen has cream units with free-standing appliances and built in oven and gas hob.
Other benefits for this apartment are: Loft storage, one allocated resident parking space plus visitors bay, shared gardens and triple glazing throughout.
Available Now EPC rating C Council tax band B Council Tax Band:B Asking Rent: £1690 Parking:Yes Flood Risk – Rivers and Seas: Low risk Flood Risk – Surface Water: Medium Rick Broadband Speed – Basic (ad-sl): 5mb Broadband Speed – Superfast (fttc): 80mb Broadband Speed – Ultrafast (FTTP): 1000mb Broadband Speed – Overall (Maximum): 1000mb Mobile Coverage – EE:Full Mobile Coverage – O2: Full Mobile Coverage – Three: Full Mobile Coverage – Vodafone:three bars Cladding and/or Building Safety Issues: N/A Local Planning Applications: N/A
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
We're still gathering serviced-accommodation data for this area.
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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 Flat 9 Elm Lodge, 7, Grove Road, Mitcham
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