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See how verdicts workStudio flat · SM1 2EA
Sold STCListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within a popular residential development in Sutton, this ground floor studio flat presents an excellent opportunity for first-time buyers, investors, or those seeking a property to modernise and add value.
Offering well-proportioned accommodation throughout, the property benefits from a spacious studio room that provides flexible living and sleeping space, a separate kitchen, and a separate bathroom, creating a practical layout that is increasingly sought after in studio accommodation.
The bright reception/bedroom offers ample space for both living and sleeping arrangements.
The separate kitchen provides good storage and workspace potential, while the bathroom is conveniently located off the entrance hall.
Although the property would benefit from updating and modernisation, it offers a fantastic blank canvas for purchasers wishing to personalise their home or enhance its rental appeal.
Further benefits include allocated parking, adding convenience for residents and visitors alike.
Homefield Park is ideally located within easy reach of Sutton town centre, which offers a wide selection of shops, supermarkets, cafés, restaurants, and leisure facilities.
Excellent transport links are available nearby, including Sutton Mainline Station, providing regular services into Central London, making the property well suited to commuters.
The area is also known for its attractive green spaces, including Manor Park and Nonsuch Park, offering plenty of opportunities for outdoor recreation.
Offered with great potential and a desirable location, this studio flat represents a superb opportunity for buyers looking to create a home tailored to their own tastes or secure a promising investment in a well-connected part of Sutton.
EPC rating: E.
Tenure: Leasehold, Length of lease (remaining): 980 years 11 months, STUDIO 3.98m x 3.74m (13'1" x 12'3") KITCHEN 2.24m x 1.95m (7'4" x 6'5") BATHROOM 1.97m x 1.74m (6'6" x 5'9")
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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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 Grove Road, Sutton, SM1
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