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See how verdicts workStudio flat · SW12 8HF
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A unique opportunity to acquire this freehold Victorian building on a sought-after road in Balham, South-West London, which since 1990, has been laid out and operated as a 6-bedroom HMO.
The layout is sized at c.1,938 sqft (c.180 sqm), which is set across two floors, comprising 6x bedrooms, a reception room, a shared kitchen, and a rear garden.
There are various angles on this building, where an incoming buyer can look to use the building for it's current use to include within their portfolio as a running HMO investment, or look to renovate keep/sell as a family house with houses in the nearby local area being marketed between £1.7m-£1.95m (subject to planning permission via a successful change of use application).
Value & comps
No previous sales on record.
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 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 178 Boundaries Road, Balham, London
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