2-bedroom flat · KT3 3DJ
For saleListed 377 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Situated in the highly sought-after Groves area, this two-bedroom, one-bathroom purpose-built flat offers an excellent opportunity for buyers looking to modernise and add value.
Coppers Mead enjoys a peaceful residential setting just moments from New Malden High Street and the mainline station, providing fast and convenient links into London.
The property would benefit from some light internal refurbishment, making it ideal as a first home, or investment purchase in a consistently popular part of New Malden.
The surrounding area offers a friendly community atmosphere with a great mix of shops, cafés and everyday amenities close by. Comes with it's own garage.
A statutory 90-year lease extension will be granted to the buyer upon completion, with the cost covered by the seller, bringing the total lease up to 135 years, significantly enhancing the property's long-term value and mortgage appeal.
Key Information: * Two bedrooms, one bathroom, purpose-built apartment in the Groves area * Comes with own garage * Excellent access to New Malden station and High Street amenities * Clear potential to modernise and personalise Tenure: Leasehold (90 years)
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About 5, Coppers Mead, New Malden
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