Flat 39 Gladstone House, Sadler Close, Mitcham, Surrey, CR4 3EJ

Property Details: - Type: Flat - Bedrooms: 1 - Bathrooms: 0

Agent: Auction House London - Hampstead Phone: 020 8022 1911

<b>Guide Price =</b> <b>£85,000-£115,000<br/><br/>*For Sale By Online PublicAuction 22nd April 2026 09:30 AM. To inspect the legal documents for this property go to our website to download the legal pack*<br/><br/>A Second Floor One Bedroom Flat Let Producing £14,400 Per Annum (Reflecting a 13% Yield on the Guide Price)<br/><br/></b><b>Tenure</b><br/>Leasehold. The property is held on a 125 year lease from 16th February 2023 (thus approximately <b>122 years unexpired</b>).<br/><br/><b>Location</b><br/>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.<br/><br/><b>Description</b><br/>The property comprises a second floor one bedroom flat situated within a purpose built block arranged over ground and four upper floors.<br/><br/><b>Accommodation</b><br/><b>Second Floor</b><br/>Reception Room<br/>Kitchen<br/>Bedroom<br/>Bathroom/WC<br/>Separate WC<br/><br/><b>Accommodation</b><br/><b>Exterior</b><br/>The block benefits from communal gardens and a private terrace.<br/><br/><b>Tenancy</b><br/>The property is currently let at a rent of £1,200 per calendar month.<br/><br/><b>Note</b><br/>The property is occupied and rent is being received. A copy of the tenancy agreement is not available. <br/><br/><b>Note</b><br/><b>EPC Rating</b><br/>C<br/><br/><b>There are no internal viewings</b>