4-bedroom semi-detached house · SM5 3DX
Sold STCReduced £50k (−9.1%) on 2 AprListed 273 days
Opportunity summary
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About
Silverman Black is delighted to offer this spacious four bedroom/two bathroom semi detached Edwardian house, located less than 100 yards from Carshalton Village centre.
As the photographs plainly show, the house is in need of considerable updating and modernisation - but the "bones" of the house are sound, affording two large independent reception rooms, a generously proportioned kitchen on the ground floor and four spacious bedrooms with two bathrooms on the floor upstairs.
The property is still in it's configuration - so would afford ample potential for extension either to the rear on the ground floor or into the voluminous loft space - with one of these projects likely to be able to be done under current permitted development regulations.
Outside there is off street parking for at least one vehicle on a private hardestand at the front of the house, whilst the rear garden extends over 65 ft in length and enjoys a sunny westerly aspect - perfect for BBQs and family get-togethers in the Summer!
In terms of facilities, the house is located at the heart of everything - with the shops and restaurants of the Village centre, The Westcroft Leisure centre, The Cryer Theatre and The Grove (reputed to be the finest remaining example of a Victorian urban park in London) all within 5 minutes walk/0.25 miles.
Wallington BR station is marginally closer to the house (0.5 miles/10 minutes walk) than Carshalton Station (0.6 miles/14 minutes walk) - with both affording regular fast trains to London Bridge and London Victoria respectively!
The London Borough of Sutton is exceptionally well served with educational facilities - and named this year by several websites as being the best borough in London for education!
There are 5 Grammar Schools within 3 miles of Carshalton Village and some excellent State, Private and Independent secondary & primary schools within easy reach!
Don't miss out on this opportunity to create a wonderful new home for yourselves! View today!
Value & comps
No previous sales on record.
Returns
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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.
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About Park Lane, Carshalton
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