2-bedroom flat · CR4 4FF
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Silverman Black are pleased to present to the market this spacious, ground floor, two bedroom apartment in a modern development.
Offered to the market with a current lease of 68 years the property is priced to reflect the need for a new lease although this can be extended by the current owner and sold with a new lease upon completion - subject to offer.
The property affords prospective purchasers a sizeable lounge/dining room accessing the smart kitchen suite and includes fridge freezer, washer and electric hob, while there is also a spacious family bathroom in good condition and two double bedrooms.
The property would suit investors, first time buyers and downsizers alike!
Hackbridge town centre, including Lidl and Sainsbury’s supermarkets and the well-regarded Hackbridge Primary School, are all roughly half a mile away and accessible by a 7 minute walk.
Hackbridge station is around a 9-minute walk, offering excellent transport links, with additional tram services available from Mitcham Junction accessing Croydon, Wimbledon, Beckenham and Addington.
Call the office today to arrange your appointment.
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
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FAQ
About Mullards Close, Mitcham
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