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See how verdicts work1-bedroom flat · CR4 3GJ
For saleListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Shared ownership Full Market Value: £325,000 Share Value (25%): £81,250 Monthly Rent: £641.67 Service Charge: £208.00 Council Tax Band: C 999 year lease commenced April 2023 - 995 years remaining L&Q welcomes you to view this 1 bedroom, first floor apartment.
This modern and spacious apartment offers comfortable living in a highly sought after location.
The property features a private balcony, a full bathroom, a built-in wardrobe, and a well-equipped integrated kitchen with a dishwasher.
Perfectly positioned close to both the tram stop and Colliers Wood Underground Station, the apartment provides excellent transport links and easy access to a wide range of local amenities.
Tesco Express is just a 2-minute walk away, while a large retail park with an excellent selection of shops, restaurants, and leisure facilities is nearby.
Merton Abbey Mills is only a 5-minute walk from the property, and both Sainsbury's Superstore and M&S Superstore can be reached within 5 minutes on foot.
Combining modern living with exceptional convenience, this apartment is ideally suited to professionals looking for a vibrant and well-connected place to call home.
Ideally situated near both Phipps Bridge and Belgrave Walk tram stops, this well-connected development offers excellent transport links and convenient access to everyday amenities, including the nearby asda superstore.
The property is set within a diverse and established neighbourhood, close to the historic Mitcham Cricket Green Conservation Area and surrounded by attractive open spaces, including London Road Playing Fields.
Residents can enjoy the best of both town and country living, with Mitcham Common and the picturesque Wandle Trail just a short distance away, providing acres of green space, riverside walks, and outdoor recreation.
The area also benefits from a strong community feel, with local schools, public services, shops, and leisure facilities all within easy reach.
Combining excellent connectivity, abundant green space, and a rich local heritage, this location offers an ideal balance of convenience and lifestyle.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £45,630 If you are offered the home, your ability to afford this property will be assessed at your financial interview.
Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes.
If you are not registered please visit our website and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract.
The descriptions and all other information are believed to be correct as of July 2026.
Local Area Information The area benefits from excellent public transport connectivity, with Phipps Bridge, Belgrave Walk, and Mitcham tram stops all located nearby, providing convenient access to surrounding areas and central transport networks.
The property is situated within a diverse and well-connected neighbourhood known for its strategic location, extensive green spaces, and strong community infrastructure.
It has a close relationship with the Mitcham Cricket Green Conservation Area and is positioned near open spaces such as the London Road Playing Fields.
The surrounding environment offers residents access to a range of recreational opportunities, including Mitcham Common and the Wandle Trail, both of which provide attractive settings for walking, cycling, and other outdoor activities.
The immediate vicinity also contains a variety of educational and community facilities, including Cricket Green School, Melrose School, and local council offices, contributing to the area's established community character.
Residents benefit from convenient access to a range of everyday amenities, with the asda Mitcham Superstore located nearby, alongside other local shops and services that support day-to-day living.
The area also possesses a strong historic character.
Church Road lies within one of Mitcham's oldest districts, historically known as Iron Lane, and is located close to several heritage assets, including the Mitcham Cricket Green Conservation Area and the nearby Commonwealth War Graves, which contribute to the area's cultural and historic significance.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 260 Church Road, Mitcham
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