*For Sale By Online PublicAuction 19th April 2023 09:00 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Second Floor One Bedroom Flat Let Producing £10,800 Per Annum
Tenure Leasehold. The property is held on a 125 year lease from 25th December 1984 (thus approximately 86 years unexpired).
Location The property is situated on a residential road close to local shops and amenities. The open spaces of Mitcham Common are within easy reach. Transport links are provided by Colliers Wood underground station (Northern line) and Mitcham Junction rail station.
Description The property comprises a second floor one bedroom flat situated within a purpose built block arranged over ground and four upper floors.
Accommodation Second Floor Reception Room Kitchen Bedroom Bathroom/WC Separate WC
Accommodation Exterior The block benefits from communal gardens.Tenancy The property is subject to a Tenancy for a term of 12 months commencing 28th October 2020 at a rent of £900 per calendar month.
Note Planning Viewing Appointments to be Confirmed
Addendum The annual rent is £10,800 per annum and not as previously stated within the particulars.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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