48 Church Road, Mitcham, Surrey, CR4 3BU
FREEHOLD PROPERTY ARRANGED AS 2 FLATS - ONE LET ON AN ASSURED SHORTHOLD TENANCY & ONE GROUND RENT
Wednesday, 17th February 2021 12:00pm
By Order of Executors
A two storey property comprising 2 self-contained flats situated a short distance west of the A217 London Road and about a mile from Mitcham Junction railway station. Mitcham lies about 4 miles from Croydon and 9 miles south of Central London.
First Floor (48b):
2 bedrooms, living room, kitchen, bathroom/toilet
Let on an Assured Shorthold Tenancy for 12 months from 15.11.2019 (holding over) at £1,125 pcm.
Ground Floor (48a): Sold on a 99 year lease from 01.04.2011 (about 89 years unexpired) at a ground rent of £150 p.a. reviewed every 25 years based on RPI.
EQUIVALENT TO £13,650 p.a. (SEE NOTE 1) PLUS VACANT REAR PART OF GARDEN
1. A Section 21 Notice was served on the first floor tenants on 29.09.2020 seeking possession of the flat by 31.03.2021.
2. There may be potential for an extra floor subject to obtaining all necessary consents.
3. The rear part of the garden is not demised to the ground floor lessee.
Auction Surveyor: Robert Woolfe
Contact: 020 8509 4408 firstname.lastname@example.org
1. The internal photos of the first floor flat (shown on the website) were taken prior to when the current letting commenced. 2. The property is within a Conservation Area.
Kilostate Ref: Dal Sandhu 020 8656 8888