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Auction
Leasehold

Guide price

£160,000

3 bed flat for sale

7 Miles Road, Mitcham, Surrey CR4
3 beds
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Guide price

£160,000

3 bed flat for sale
7 Miles Road, Mitcham, Surrey CR4

    • 3 beds

  • EPC Rating: D

Auction
Leasehold

About this property

    Unsold. Contact the auctioneer. Guide Price = £160,000+

    **For Sale By Public Auction 6th August 2025 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**

    A Vacant First Floor Four Room Flat

    Tenure
    Leasehold. The property is held on a 99 year lease from 24th July 1974 (thus approximately 48 years unexpired). At the buyer's request a section 42 notice to extend the lease will be served prior to completion, the rights of which would be assigned to the incoming buyer.

    Location
    The property is situated on a residential road close to local shops and amenities. The open spaces of National Trust - Morden Hall Park are within easy reach. Transport links are provided by Morden underground station (Northern line) and Tooting rail station.

    Description
    The property comprises a first floor four room flat situated within a mid terrace building arranging over ground and first floors. The property requires a program of refurbishment.

    Accommodation
    First Floor
    Reception Room
    Kitchen
    Three Rooms
    Bathroom

    Exterior
    The property benefits from a private rear garden with direct access.

    Further Information
    When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. If you do not fully understand this process, please ask the auctioneers or a solicitor.

    EPC Rating
    D


    Viewing Schedule (No Booking Required)

    Thursday 24 July 2025 10:00 am - 10:30
    Monday 28 July 2025 10:00 am - 10:30
    Wednesday 30 July 2025 10:00 am - 10:30
    Friday 1 August 2025 10:00 am - 10:30
    Saturday 2 August 2025 12:00 pm - 12:30
    Tuesday 5 August 2025 10:00 am - 10:30

    More information

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