>
3 bedroom flat for sale
London Road, Cheam, SUTTON
£180,000
London Road, Cheam, SUTTON
£180,000
Our Summary
- SUMMARYAUCTION SALE 11 March 2025 - Leasehold three bedroom split level self contained fatInvestmentDESCRIPTIONLeasehold three bedroom split level self contained fatInvestmentLocation:The property is situated on London Road (A24) close to its junction with Malden Road
Description
This leasehold property is a three-bedroom split-level flat located on London Road, close to public transport links and local amenities. The property is let on an Assured Shorthold Tenancy at a rent of £1,371 per month, with a reserve price of £16,452 per annum. The lease has approximately 52 years remaining, with an initial ground rent of £30 per annum. The property is being sold at auction, with a contract documentation fee of £1,500 payable to the auctioneer. The guide price is intended to provide an indication of the reserve price, which may be subject to variation. The property is being sold with the option for the buyer to request the seller to execute a Section 42 Notice of Claim under the Leasehold Reform, Housing and Urban Development Act 1993.