2-bedroom flat · CR4 4DB
To rentListed 13 days
Opportunity summary
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About
Detailed Description South London Estate are pleased to offer this two bedroom first floor flat on Morden Road, Mitcham, Surrey CR4, a minute's walk from Belgrave Walk tram stop.
The flat has its own front door from a first floor walkway, which opens into a bright living and dining area with grey laminate flooring and a radiator.
The kitchen has white gloss units, a grey tiled splashback, built-in electric oven, four-burner gas hob, extractor hood, washing machine and a freestanding fridge-freezer.
There are two bedrooms with blinds and laminate flooring, and a walk-in store room with hanging rail. The bathroom has a bath with mixer tap and shower attachment, pedestal basin, WC and radiator.
Heating is by gas boiler and radiators. Outside the front door you look over the rooftops towards a green open space. Council Tax Band B (Merton). EPC rating D.
Location and transport - Belgrave Walk tram stop is about 1 minute on foot (about 230 feet).
Trams run to Wimbledon in about 9 minutes and also to Beckenham Junction and Elmers End - Morden Hall Park / Surrey Arms bus stop is about 3 minutes on foot, with route 201 to Herne Hill - Morden Hall Park is about 2 minutes on foot - Mitcham tram stop is about 0.4 miles away (about 10 minutes on foot).
Morden Underground station (Northern line) is about 0.8 miles away (about 18 minutes on foot) - Mitcham Junction station is about 1.2 miles away and Mitcham Eastfields about 1.4 miles away - Haslemere Primary School is about 0.7 miles away and Cranmer Primary School about 1.1 miles away - Sainsbury's Morden is about 0.8 miles away Rent: £1,650 per calendar month.
Location: Morden Road, Mitcham, Surrey CR4 4DB. Viewings by call .
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 138, Morden Road, Merton
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