Modern Method of Auction
Auction date not yet published
1-bedroom flat · SM1 4AH
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE BY MODERN METHOD AUCTION *ONE DOUBLE BEDROOM FLAT *LIFT SERVICED *BALCONY *IN NEED OF INTERNAL UPDATED * 20'0 x 17'1 L-SHAPED LIVING ROOM *NO ONWARD CHAIN A impressive 848sqft one-bedroom apartment located in the well-regarded Thackeray Manor development.
This private lift-serviced property features a private west facing balcony overlooking Manor Park, and offers a fantastic opportunity for buyers looking to personalise their home, as it is in need of internal updating, great location close to Sutton's local amenities and public transport, including Sutton Mainline Station 0.3 miles and bust routes.
Offered CHAIN FREE the accommodation includes a impressive 20'0 x 17'1 living room with the access to the West facing balcony two piece bathroom with a separate cloakroom, an large16'5 x 13'5 bedroom with additonal wardrobes and a 11'4 x 8'4 fitted kitchen.
Further benefits include double glazing, electric heating, garage 'This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). A Buyer Information Pack is provided. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non- Refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £9,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price.
The Fee is considered within calculations for stamp duty.' Referral Fees To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers.
We use the services of a third party Called Move Butler who will contact you directly to do this. They will need the full name, date of birth and current address of all buyers.
There is a charge of £60 including VAT for this per person, payable direct to Burn and Warne. Please note, we are unable to issue a memorandum of sale until the checks are complete.
We may offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice.
If you choose to use a service recommended by Burn And Warne, we will receive various referral fees, which are all subject to the addition of VAT at the prevailing rate: For Conveyancing Services, we receive referral fees from various solicitors ranging from £240incl to £360 incl per case.
Burn And Warne also takes a commission directly from our recommended mortgage brokers Thameside Associates which varies according to the lender and mortgage size, but based on our average selling price this is normally around three hundred and fifty pounds per case.
Value & comps
No previous sales on record.
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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 starting price
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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 Manor Park Road, Sutton, SM1
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