4-bedroom house · CR4 3GE
For saleReduced £25k (−4.5%) on 11 AugListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A four bedroom end of terrace home on a modern Barrett's built development, located in a quiet development, popular with young professionals and families, within easy access of Mitcham town centre offering a wide range of shops and amenities.
Local bus services provide easy links to Tooting and Colliers Wood and underground stations are available at nearby Colliers Wood, Morden and South Wimbledon.
There are also tram links within a 10 minute walk providing links to Wimbledon town centre within 6 minutes.
The property boasts spacious accommodation including a large reception room with double doors onto the rear garden, fitted kitchen comprising a superb range of units with integrated appliances, master bedroom with stylish en-suite, two further double bedrooms and a single, downstairs cloakroom, and first floor family bathroom.
Outside there is a secured parking ground that is easy accessible through the garden gates.
Important note to potential purchasers To conform with Government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers.
We use the services of a third party, Thirdfort, you will receive an email with details of how to download their App.
You will need to input full name, date of birth and current address of all buyers, along with your passport and a liveness check.
There is a nominal charge of £72 inclusive of VAT (£60 + VAT) per property transaction (not per person). Please note, we are unable to issue a Memorandum of Sale until the checks are complete.
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 113, Miles Road, Mitcham
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