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See how verdicts work1-bedroom flat · CR4 2NJ
Under offerListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this beautifully presented one-bedroom flat located on Summerhill Way in the desirable area of Mitcham.
This purpose-built flat spans an impressive 459 square feet and boasts a bright and airy interior, thanks to its dual aspect design that allows for an abundance of natural light.
Upon entering, you will be greeted by a newly fitted kitchen that is both stylish and functional, perfect for those who enjoy cooking and entertaining.
The flat has been thoughtfully redecorated throughout, complemented by new flooring that adds a modern touch to the living space.
The reception room provides a comfortable area to relax, while the well-appointed bedroom offers a peaceful retreat.
This property comes with the added benefit of no onward chain, making it an ideal choice for first-time buyers or investors.
You will also enjoy a share of the freehold and a long lease of over 900 years, providing peace of mind for years to come.
An allocated parking space is included, adding convenience to your daily routine.
Situated in a popular modern development, this flat is conveniently located just a 5 minute walk to Mitcham Eastfields train station (with fast links into London Victoria), local shops, and bus links, ensuring easy access to the wider area.
Whether you are commuting to work or exploring the local amenities, this location offers the perfect balance of comfort and convenience.
In summary, this charming flat is a wonderful opportunity for anyone seeking a stylish and well-located home in Mitcham. Don't miss your chance to make it yours.
Accommodation Security phone entry system, door into communal hallway, stairs to second floor and property entrance.
Entrance Hall Laminate flooring, security phone entry system, built in cupboard housing water tank, built in storage cupboard, loft access.
Bedroom One Double glazed window to front aspect, modern 'Dimplex' electric heater, built-in wardrobe with mirrored sliding door doors, laminate flooring.
Bathroom Three-piece suite comprising panel enclosed bath with shower screen and chrome taps, electric 'Mira' shower, pedestal wash hand basin with chrome mixer tap, enclosed WC, part tiled walls, double glazed obscure window to side aspect, wall mounted heater, shaver point, laminate flooring.
Living Dining Room Modern 'Dimplex' electric heater, laminate flooring, double glazed bay window to rear aspect.
Kitchen Newly fitted kitchen, with range of built in units and drawers, wood worktop, inset butler sink with chrome mixer tap, integrated oven and electric hob with chrome extractor hood above, space for fridge freezer and washing machine, tiled splashback, laminate flooring, double glazed window to rear aspect.
Outside Allocated parking space Visitors parking Well kept communal grounds.
Buyer’s information Under UK law, estate agents are legally required to conduct Anti-Money Laundering (aml) checks on buyers and sellers to comply with regulations.
These checks are mandatory, and estate agents can face penalties if they fail to perform them. We use the services of a third party to help conduct these checks thoroughly.
As such there is a charge of £36 including vat, per person. Please note, we are unable to issue a memorandum of sale until these checks are complete.
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
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FAQ
About 22, Summerhill Way, Mitcham
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