We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · CR4 4JP
For saleListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer to the market this well-presented two-bedroom mid-terraced house, ideally suited to first-time buyers and young families.
The property offers two well-proportioned reception rooms and a fitted kitchen to the ground floor, while the first floor provides two bedrooms and a family bathroom.
Further benefits include double glazing and gas central heating throughout, together with a private rear garden providing an ideal outdoor space for families and entertaining.
The property is particularly well positioned for young families, being situated directly opposite Watercress Park, offering a convenient green space for recreation, walks and leisure.
Excellent local shopping facilities and transport links are also readily accessible at either Mitcham Junction and Hackbridge, making this a well-connected and practical family home.
The property is offered for sale with the added benefit of no onward chain, allowing for a potentially smoother and more straightforward purchase.
Entrance Porch Front door Entrance Hall Gas central heating radiator, stairs to first floor Lounge UPVC double glazed window, gas central heating radiator, gas fire Second Reception UPVC double glazed window, gas central heating radiator, feature fireplace Kitchen UPVC double glazed door to garden, single galzed window, stainless steel sink/drainer unit, fitted gas hob/electric oven, plumbing for washing machine, storage cupboard, tiled flooring First Floor Landing Gas central heating radiator, storage cupboard Bedroom One Double glazed bay window, gas central heating radiator, double fitted wardrobe, storage cupboard, feature fireplace Bedroom Two Double glazed window, gas central heating radiator, feature fireplace Bathroom Double glazed window, heated towel rail, low flush wc, vanity hand basin, enclosed bath with shower, cupboard housing boiler, feature fireplace, part tiled walls Garden Paved pation area leading to lawn, garden shed, original outside wc
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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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 advisers 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 7, Spencer Road, Mitcham
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