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 house · CR4 4ES
Sold STCListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to acquire this well-presented two double bedroom split-level leasehold flat in the popular Baron Court development on London Road, Mitcham, offering an impressive gross yield of approximately 8%.
Offered with no onward chain, this property is ideal for investors, as well as first-time buyers seeking excellent transport links into Central London.
The building benefits from lift access and enjoys direct access onto London Road Park, providing attractive outdoor space right on your doorstep.
The accommodation features a spacious living room with a Juliet balcony, filling the space with natural light, and a fitted kitchen complete with integrated appliances, perfect for everyday living and entertaining.
There are two generous double bedrooms and a well-appointed bathroom. Additional benefits include residents' parking and a reasonable service charge of £571.23 every six months.
A particular advantage is that the seller will extend the lease to 125 years upon completion, providing long-term security and enhancing the property's appeal to both owner-occupiers and investors.
Situated in a convenient and well-connected area of Mitcham, you're just moments from local shops, parks, cafés and transport options, offering a great blend of space, convenience and value.
Transport Links Mitcham Junction Rail & Tram Station – approximately 0.5 miles (National Rail and Tramlink services) Mitcham Tram Stop – approximately 0.5 miles (Tramlink services to Wimbledon and Croydon) Mitcham Eastfields Station – approximately 0.8 miles (National Rail services to Central London)
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
FAQ
About Baron Court, London Road, Mitcham, Surrey
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