3-bedroom terraced house · CR4 2HF
Sold STCListed 171 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented three-bedroom mid-terrace home on Fernlea Road, Mitcham, ideally located close to Figges Marsh and a range of local amenities.
This property has been thoughtfully refurbished by the current owners to a high standard throughout.
The ground floor comprises a separate reception room, a convenient utility room with WC, and a stunning rear-extended kitchen/dining space featuring bi-fold doors that open onto a generous 48 ft garden.
The ground floor is finished with elegant herringbone wood flooring, adding a touch of contemporary style.
The spacious kitchen boasts quartz worktops and stylish two-tone cabinetry, creating a modern and functional living space.
Upstairs, the property offers three well-proportioned bedrooms and a family bathroom.
Further benefits include potential to extend into the loft (subject to the usual planning permissions) and the property is offered to the market chain free.
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
FAQ
About Fernlea Road, Mitcham, Surrey, CR4
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