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See how verdicts work2-bedroom flat · SM3 8JE
Sold STCReduced £5.5k (−2%) on 26 OctListed 223 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and well-presented first floor two bedroom apartment, which is located moments from North Cheam High Street. Leasehold.
Spacious reception room, modern kitchen, two double bedrooms, bathroom and separate W.C. Resident parking on a first come basis. Viewing is highly recommended to fully appreciate the accommodation.
Exclusive to Andrews. Council Tax Band: C. E.P.C. Rating: C. LOCATED: Situated moments from North Cheam High Street, with its array of amenities and excellent transport links.
LEASE: 150 YEARS FROM 25th DECEMBER 1977. GROUND RENT: £200.00 P/A CURRENTLY. SERVICE CHARGE: £3760.00 P/A CURRENTLY.
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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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 London Road, Cheam, Sutton, SM3
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