2-bedroom house · SW17 8RT
Listing removedListed 48 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A light and spacious 2 bedroom garden flat presented in excellent condition and neutrally decorated throughout.
Perfect for a couple, the property comprises a spacious reception room with high ceilings, feature fireplace and wooden floors, offering ample space for living and dining and a smart fitted kitchen with dishwasher.
There is a generous double bedroom to the front of the property, family bathroom with shower over the bath, and a second double bedroom over looking the garden with an ensuite shower room.
The property further benefits from a lawned garden with a decked seating area. There is also a useful cellar space for extra storage.
Drakefield Road is conveniently located, moments to the shops and amenities along Balham High Road and 5 minutes walk to Tooting Bec station.
The green open spaces of Tooting Bec Common, including the popular lido are also within easy walking distance.
EPC Rating: C | Council Tax Band: D | Deposit: £3,230 (Equivalent to five weeks rent) *Any cellars or basements at the property are used at the tenants’ own risk.
The landlord will not be responsible for any damage caused to Tenant possessions stored in the cellar and will not be responsible for the cost or responsibility of storing items elsewhere if the cellar or basement becomes unusable.*
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 1, 3, Drakefield Road, London
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