Guide price

£110,000

1 bed flat for sale
Flat 39 Gladstone House, Sadler Close, Mitcham, Surrey CR4

    • 1 bed

  • EPC Rating: C

Auction
Leasehold
Added on 16/02/2026

About this property

    Guide Price = £110,000+

    **For Sale By Public Auction 18th March 2026 09:30 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 £14,400 Per Annum (Reflecting a 13% Yield on Guide)

    Tenure
    Leasehold. The property is held on a 125 year lease from 16th February 2023 (thus approximately 122 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

    Exterior
    The block benefits from communal gardens and a private terrace.

    Tenancy
    The property is currently let at a rent of £1,200 per calendar month.

    Note
    The property is occupied and rent is being received. A copy of the tenancy agreement is not available.

    EPC Rating
    C


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    Monthly repayment

    £550 per month

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