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261 Church Road, Mitcham, CR4 3EX

Guide Price

£160,000

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Guide Price

£160,000

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Residential

flat

studio

Vacant

261 Church Road, Mitcham, CR4 3EX

bed

2

bath

1

reception

Leasehold

Excellent Residential Opportunity

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How to buy at auction

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Deadline for offers

2 days left

Description

  • PRIME NEW LISTING. We are excited to present this vacant studio flat located within a prime location in Mitcham.

  • Sales Evidence:**Flat 4, Noble Court, Church Road, Mitcham CR4 3EX, sold for £320,000 in 2022. Flat 1, 261 Noble Court, Church Road, Mitcham CR4 3EX, sold for £280,000 in 2021. Flat 21, 261 Noble Court, Church Road, Mitcham CR4 3EX, sold for £330,000 in 2023.**

  • With the potential to achieve rental income between £1,200 and £1,450, this property presents a compelling opportunity for investors seeking strong returns.

  • Walk-in ready, this flat is ideal for investors or first-time buyers looking for an effortless purchase in a desirable locale.

  • Situated close to local amenities, this property ensures convenience and ease of lifestyle, enhancing its appeal to potential tenants and buyers.

PRIME NEW LISTING. We are excited to present this vacant studio flat located within a prime location in Mitcham.

The property comprises a versatile living room/bedroom area, a well-equipped kitchen, and a modern bathroom.

With the potential to achieve rental income between £1,200 and £1,450, this property presents a compelling opportunity for investors seeking strong returns.

Walk-in ready, this flat is ideal for investors or first-time buyers looking for an effortless purchase in a desirable locale.

Situated close to local amenities, this property ensures convenience and ease of lifestyle, enhancing its appeal to potential tenants and buyers.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

Flat 4, Noble Court, Church Road, Mitcham CR4 3EX, sold for £320,000 in 2022. Flat 1, 261 Noble Court, Church Road, Mitcham CR4 3EX, sold for £280,000 in 2021. Flat 21, 261 Noble Court, Church Road, Mitcham CR4 3EX, sold for £330,000 in 2023.

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Mitcham is a vibrant area in South London known for its blend of urban living and green spaces. Offering a range of amenities, shops, and easy access to public transport, it makes for a sought-after residential location.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£22,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.