1-bedroom flat · SM6 8PP
Sold STCReduced £20k (−8%) on 13 JulListed 118 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Please Quote Reference RW1490 Situated on the ground floor and offered to the market with no onward chain, this well-presented one-bedroom apartment makes an ideal first-time purchase or investment opportunity.
The property offers a bright and comfortable lounge leading through into the fitted kitchen with a range of fitted units and electric cooker.
There is a generous double bedroom and a shower room, with the property being presented in good condition throughout.
Externally, the apartment benefits from a private garden, providing an excellent space for entertaining, outdoor dining and relaxing during the warmer months.
Further benefits include an allocated parking space, adding convenience for both homeowners and tenants alike.
Demesne Road is conveniently positioned within easy reach of Wallington town centre, offering a wide selection of local shops, cafés, restaurants and supermarkets including Lidl, Sainsbury’s Local and a variety of independent retailers along Wallington High Street.
For leisure and fitness, nearby facilities include Snap Fitness and Energie Fitness in Wallington, while the well-known David Lloyd Club at Purley is also within easy reach, offering gym, swimming and spa facilities.
Excellent transport links are available with Wallington Station approximately 0.5 miles away, providing regular Southern rail services into London Victoria and London Bridge, making it possible to reach Central London in around 30-40 minutes.
A number of local bus routes also serve the area, including the 127,151,154 and S4, offering convenient connections to Sutton, Croydon, Morden and Worcester Park.
The property is also well placed for a number of highly regarded schools including Bandon Hill Primary School, Foresters Primary School, Wilson’s School, Wallington County Grammar School and Wallington High School for Girls, making the area consistently popular with both families and professionals alike.
Tenure: Share of Freehold Council Tax Band: B Lease: 988 years Service Charge/ Ground Rent : £0 Prospective purchasers are advised to make their own enquires via a solicitor.
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 58a, Demesne Road, Wallington
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