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 work6-bedroom terraced house · SW17 9AT
Listing removedListed 143 daysAuction 24 Jun · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price = £450,000+ **For Sale By Public Auction 24th June 2026 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack** A Freehold Mid Terrace Building Arranged to Provide Two Self-Contained Maisonettes.
The Vacant First Floor Three Bedroom Flat is Offered with Planning Permission to Convert the Loft to Create Two Further Bedrooms, Bathroom and Balcony.
The Reversionary Ground Floor Flat has been Sold Off on a Long Lease and is Producing £100 Per Annum Location The property is situated on a residential road close to local shops and amenities.
The open spaces of Wandle Meadow Nature Park are within easy reach. Transport links are provided by Tooting Broadway underground station (Northern line) and Tooting rail station.
Description The property comprises a mid terrace building arranged to provide two self contained flats.
Accommodation Ground Floor Flat - Not Inspected First Floor Reception Room Kitchen Three Bedrooms Bathroom GIA Approx: 870 sq ft currently Exterior Each of the flats benefit from their own private rear gardens.
Tenancy The ground floor flat is held on a 99 year lease from 28th March 1980 (thus approximately 53 years unexpired ) at a ground rent of £100 per annum.
Note The directors of Auction House London have an interest in this property Planning Wandsworth Borough Council granted the following planning permission (ref: 2026/1170) on 29th May 2026 : 'Alterations including erection of a mansard extension (with french doors and safety railing) to the main rear roof; Erection of an extension above part of the two-storey back addition, and formation of a roof terrace with a 1.7m high obscured glazed surround above the two-storey back addition'.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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

FAQ
About 137-139 Mellison Road, Tooting, London, SW17 9AT
Explore nearby