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3 bed property, in Park Avenue, £350,000
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3 bed flat

Park Avenue, Mitcham CR4
£350,000

Our Summary

  • A ready-made investment opportunity located at Park Avenue, Mitcham, CR4, within a consistently strong rental area of South West London, currently generating £1,430 PCM from reliable long-term tenants with no arrears history

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Description

The property is a two-bedroom apartment located on Park Avenue in Mitcham, CR4, within the South West London rental market. It is generating £1,430 per calendar month from long-term tenants with no arrears history. The property is in low-maintenance condition and requires no major works.

It is situated in Zone 3 of London, close to Mitcham Eastfields Station, with strong tenant demand driven by excellent transport links. Comparable properties in the area are achieving rents of £1,650-£1,800 pcm.