Guide price

£165,000

3 bed flat for sale
88 Monarch Parade London Road, Mitcham, Surrey CR4

    • 3 beds

  • EPC Rating: C

Just added
Auction
Leasehold
Added on 02/03/2026

About this property

    Guide Price = £165,000+

    **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 Third Floor Three Bedroom Flat Fully Let Producing £27,600 Per Annum. (Reflecting a 16.7% Yield)

    By Order of the Executors

    Tenure
    Leasehold. The property is held on a 250 year lease from 11th March 1997 (thus approximately 221 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 Tooting rail station.

    Description
    The property comprises a third floor three bedroom flat situated within a mixed use parade arranged over ground and three upper floors.

    Accommodation
    Third Floor
    Reception Room
    Kitchen
    Three Bedrooms
    Bathroom

    Exterior
    The property benefits from a garage and residents parking.

    Tenancy
    The property is subject to individual tenancies producing a combined rent of £2,300 per calendar month.

    EPC Rating
    C


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    Monthly repayment

    £825 per month

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