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See how verdicts work2-bedroom flat · SW12 9RW
For saleReduced £24.9k (−4.2%) on 24 OctListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright and stylish two-bedroom flat arranged over the first floor of a handsome Victorian conversion.
At the centre of the home is the open-plan kitchen and reception room, a wonderfully bright and airy space ideal for both relaxing and entertaining.
The kitchen itself has been fitted with plenty of wall and base units and integrated appliances, while the reception area offers plenty of room for lounging and dining.
There are two large double bedrooms nearby, both benefitting from fantastic natural light and generous space.
A particular highlight is the exciting opportunity to extend into the loft, subject to the necessary standard planning permissions and consents, allowing purchasers the potential to create additional living accommodation and add further value in the future.
A recently decorated bathroom completes the property. Fernlea Road is an attractive residential street located in central Balham.
Balham Overground and Underground stations are just a couple of minutes’ walk away, with an extensive array of shops, bars and restaurants nearby.
The wide-open green spaces of Tooting Bec Common are just 200 ft away. A number of popular state and independent schools are also within easy reach, subject to catchment and places each year.
Council Tax Band: C | EPC: D | Tenure: Leasehold with a Share of Freehold | Length of Lease: 104 years remaining
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.
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FAQ
About Flat 2, 116, Fernlea Road, London
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