3-bedroom flat · CR4 3PX
For saleReduced £5k (−2%) on 13 OctListed 182 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within Albury Court, this three-bedroom split-level maisonette presents a strong investment opportunity in a high-demand South London rental market, currently tenanted at £1,850 pcm and delivering circa 8% yield.
Arranged over two floors, the property offers generous living space, well suited to maximising rental income through family or sharer occupancy.
The accommodation includes a bright living room with access to a private balcony, a functional kitchen, and three well-proportioned bedrooms, alongside a bathroom and separate WC.
Mitcham remains a popular choice for tenants due to its affordability compared to Central London and excellent rail connections into London Victoria and Blackfriars, supporting consistent demand and reliable rental performance.
Available with the tenant in situ for immediate income, or with vacant possession to suit investor strategy, the property also benefits from a long lease, manageable running costs, and scope to add value, making it a reliable, income-generating asset with strong long-term potential.
Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.
Once an offer is accepted, a deposit of £6,000 will be required to secure the property in accordance with our terms and conditions.
This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £500 (including VAT) will be payable.
This fee is separate from, and not deducted from, the purchase price. All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.
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
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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
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FAQ
About Flat 15, Albury Court, Phipp's Bridge Road, Mitcham
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