3-bedroom terraced house · CR4 3ND
To rentListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
STEPS Real Estate are pleased to offer this spacious three-bedroom house, arranged over three floors and providing a generous amount of accommodation throughout.
The property offers a well-balanced layout with a comfortable living area and fitted kitchen, together with three good-sized double bedrooms.
With the accommodation spread across three levels, there is a strong sense of space throughout the house, making it suitable for occupiers looking for something larger and more practical than a typical flat or smaller house.
The property further benefits from a family bathroom as well as a separate en-suite, providing added convenience for households sharing the accommodation.
The kitchen is fitted with white goods, while the living space provides a practical area for both everyday use and entertaining.
To the rear, there is access to a shared courtyard, offering useful outside space in addition to the internal accommodation.
The property will be professionally cleaned prior to occupation and is available immediately.
Location London Road is conveniently positioned for a range of transport links, with Mitcham Tram Stop approximately 0.3 miles away, providing Tramlink services towards Wimbledon and Croydon.
Mitcham Junction and Mitcham Eastfields railway stations are both within approximately 0.8 miles, offering further connections into central London and across South London.
A number of local bus routes also operate along and around London Road.
The property is also close to the shops, cafés and everyday amenities around Mitcham, with supermarkets, local services and open green spaces all within easy reach.
Contact STEPS for more information or to arrange a viewing.
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 London Road, Mitcham, Merton
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