Studio flat · SM2 7AZ
Under offerReduced £5k (−4.3%) on 18 SepListed 214 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented second floor studio apartment ideally located close to Cheam mainline train station, making it an excellent choice for commuters, first-time buyers or investors.
The property offers a spacious studio room with generous built-in cupboard space, creating a practical and comfortable living area with plenty of storage.
There is an open-plan fitted kitchen, a bathroom with bath, WC and hand basin and an entrance hall featuring a large storage cupboard.
Well arranged and easy to maintain, this flat provides functional accommodation suited to modern living.
The convenient location near the station, along with a designated parking space and easy access to local shops, amenities and various bus services, adds to its appeal.
The vendor confirms the lease has approx.
115 years 9 months left to run, the ground rent is £100 per annum reviewed every 25 years and the service charge is £1,954 per annum (includes sinking fund contribution of £100).
Interested parties should verify this information with their conveyancer.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 Flat 7, Royal Crest House 22-26,, Upper Mulgrave Road, Sutton
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