7 Miles Road, Mitcham, Surrey, CR4 3DA 2 bed flat for sale

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7 Miles Road, Mitcham, Surrey, CR4 3DA 2 bed flat for sale

7 Miles Road, Mitcham, Surrey, CR4 3DA
£160,000

Our Summary

  • Guide Price = £160,000+*For Sale By Online PublicAuction 28th May 2025 09:30 AM
  • The property requires a program of refurbishment

Description

This vacant first-floor two-bedroom flat is being sold by online public auction on May 28th, 2025, with a guide price of £160,000+. The property is leasehold, with approximately 48 years remaining on the 99-year lease, and the buyer will have the right to extend the lease at their request. The flat is located on a residential road near local shops and amenities, with easy access to National Trust's Morden Hall Park and transport links including Morden underground station and Tooting rail station. The property requires refurbishment and benefits from a private rear garden. Note that when purchasing a flat with a short lease, the buyer will need to pay a premium to the freeholder to extend the lease to 90+ years, and the freeholder has the right to refuse the offer and submit a counter notice with their suggested price.