3-bedroom house · CR4 2EG
Sold STCListed 218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully Presented Three-Bedroom Terraced Family Home in Popular Furzedown Location This charming three-bedroom terraced family home boasts a pretty private garden and driveway offering off-street parking.
Ideally located on a quiet, tree-lined residential road in the sought-after Furzedown area, the property has been lovingly maintained by the current owner for over 40 years.
Offering spacious accommodation over two floors, the home has been extended to the rear and provides further potential to extend into the loft space, STPP - combining comfort and convenience for modern family living.
The property opens into an entrance porch and hallway, featuring useful under-stair storage, with stairs rising to the first floor.
The ground floor leads to a spacious double-length through reception room, complete with an attractive bay window and feature fireplace, perfect for relaxing or entertaining.
Double doors open into the large kitchen/diner, fitted with a sleek range of wall and base units, work surfaces with inset sink, built-in hob with overhead extractor, integrated dishwasher and washing machine, wall-mounted electric oven, and space for appliances.
The dining area offers lovely garden views and opens onto a York stone patio via bi-folding doors.
Upstairs, there are three well-proportioned bedrooms, including two doubles with extensive built-in storage, and a small double room.
The first-floor bathroom features a contemporary white three-piece suite.
Externally, the garden is a peaceful retreat, with a patio directly outside the house and a lawned area with well-stocked borders, perfect for gardening or outdoor entertaining.
To arrange a viewing instantly, please visit our website or download our award-winning app.
Location The property is enviably located in the sought after Furzedown area, within easy access of Streatham, Streatham Common, Mitcham Eastfields and Tooting Bec stations, providing excellent links into Clapham Junction, Balham, Victoria and London Bridge via underground and overground services.
Nearby Streatham High Road provides a fashionable array of shops, bars, restaurants and amenities and the area is also well-served by excellent local schools and open spaces including Streatham Common and Tooting Common with its famous Lido.
Property Ownership Information Tenure Freehold Council Tax Band D Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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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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 advisors 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 56, Melrose Avenue, Mitcham
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