117 Wide Way, Mitcham, Surrey, CR4 1BQ 1 bed flat for sale

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117 Wide Way, Mitcham, Surrey, CR4 1BQ 1 bed flat for sale

117 Wide Way, Mitcham, Surrey, CR4 1BQ
£120,000

Our Summary

  • Guide Price = £120,000+*For Sale By Online PublicAuction 23rd April 2025 09:30 AM

Description

This one-bedroom flat is being sold by online public auction on April 23rd, 2025, with a guide price of £120,000+. The property is situated on a residential road, close to local shops and amenities, and has a rear garden. The flat is held on a 99-year lease from 1973, with approximately 48 years remaining. The property is currently subject to an Assured Shorthold Tenancy, producing £11,400 per annum, and the current rent is £950 per calendar month. Buyers should be aware that if they wish to extend the lease to 90+ years, they will need to pay a premium to the freeholder, and should seek further information on this process if they are unsure.
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