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
£130,000

Our Summary

  • Guide Price = £130,000+*For Sale By Online PublicAuction 23rd April 2025 09:30 AM

Description

This ground floor one-bedroom flat is being sold by online public auction on April 23rd, 2025, with a guide price of £130,000+. The property is held on a 99-year lease from 1973, with approximately 48 years remaining. Located on a residential road near local shops and amenities, it's also close to Pollards Hill Recreation Ground and has transport links at Norbury rail station. The flat itself has a reception room, kitchen, bedroom, and bathroom, and benefits from a rear garden. It's currently subject to an Assured Shorthold Tenancy at £950 per month, but note that as a leasehold property, the buyer will need to consider extending the lease to 90+ years, which may require a premium payment to the freeholder.