3-bedroom house · SM1 4RW
Listing removedListed 111 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
New to the market, this immaculately presented, three-bedroom mid-terrace property located on Reading Road, Sutton.
Ground floor comprises lounge with feature fireplace to front, dining room with a storage cupboard and well-appointed, newly fitted modern kitchen to the rear with a door leading to the rear garden.
The first floor offers a modern, family bathroom of generous proportions and two bedrooms, one of which comprises built-in storage. An additional storage cupboard is offered on the landing.
A loft-conversion provides the third bedroom with ample storage by way of built-in cupboards and eaves storage space. Velux windows bring in plenty of natural light.
Externally, a beautifully landscaped garden is laid to astro-turf and offers decked area for outdoor entertainment. A paved pathway leads to a summerhouse with electricity supply and insulation.
Its location on Reading Road offers excellent access to Sutton High Street`s shops, restaurants and amenities. Sutton Station is a mere 0.5 miles from the property and Manor Park 0.3 miles.
Nineteen schools and colleges lie within 1 mile of the property, most of which are Ofsted-rated 'good' or `Outstanding`.
EPC Rating: D60, council tax band - D, 5 week security deposit - £2653.85 based on asking price. Important: When you apply for a tenancy there will be a Holding Deposit which will need to be paid.
Ask our branch staff or visit our website for further details and fees which may become available during the life time of your tenancy.
Important note to potential purchasers & tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum of six months, with the exception of short term accommodation. A security deposit of at least one month’s rent is required.
Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Buyers information To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers.
We use the services of our appointed compliance provider, Simplify, who will contact you directly at an agreed time to do this.
They will need the full name, date of birth and current address of all buyers. There is a charge of £99 including VAT for this (for the transaction not per person), payable direct to Simplify.
Referral fees We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying.
We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider.
The ancillary service provider may be an associated company of Goodfellows. GCB200389/2
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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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 16, Reading Road, Surrey
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