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LONG LEASEHOLD RESIDENTIAL INVESTMENT - TWO BEDROOM FIRST FLOOR FLAT PRODUCING £19,800 P.A.
Address
See address
Auction date
29 Oct 2026
Guide price
£190,000
Type
Flat
Tenure
Leasehold
EPC Rating
C
Status
Upcoming
Description
A tenanted two bedroom first floor apartment situated in a three storey purpose built block on Grove Road in Mitcham. Located within approximately 0.3 of a mile to Mitcham Eastfields Railway Station, granting access to London Victoria, St Albans, Dorking, and Sutton. Additionally, the property is just a short walk to the green and open space of Mitcham Common.
- Leasehold - A term of 125 years from 01/07/1990 (approximately 88 years unexpired)
- First Floor Flat: Open plan living room and kitchen, two bedrooms, bathroom with toilet
- Let on an Assured Periodic Tenancy Agreement from 29th August 2026, with a rental income of £1,650 per month
This property presents a solid investment opportunity with a reliable rental income in a desirable area, appealing to both investors and buyers looking for a well-located apartment.
Last update: 10 Oct 2026
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