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1 bedroom flat for sale
117 Wide Way, Mitcham, Surrey, CR4 1BQ
£130,000
117 Wide Way, Mitcham, Surrey, CR4 1BQ
£130,000
Our Summary
- Guide Price = £130,000+ **For Sale By Public Auction 23rd April 2025 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack** A Ground Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £11,400 Per Annum Tenure Leasehold
Description
This one-bedroom ground floor flat is being sold by public auction on April 23rd, 2025, with a guide price of £130,000+. The property is leasehold, with approximately 48 years unexpired on the 99-year lease, and is currently subject to an Assured Shorthold Tenancy producing £11,400 per annum. The flat is located on a residential road near local shops and amenities, with nearby transport links and open spaces. The property features a reception room, kitchen, bedroom, and bathroom, as well as a rear garden. The tenant pays £950 per month in rent, and the buyer will need to consider the potential costs of extending the lease to 90+ years if desired.