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Summerhill Way, Mitcham CR4

£150,000

Overview

For sale by auction unless sold prior ** Freshly decorated throughout ** Some works required **
This purpose built 1 bed is an ideal first home or BTL investment

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    Description
    One bedroom flat situated on the first floor of this purpose built development
    The current owners began works and have re decorated throughout leaving a blank canvas for the new owners to complete to their individual tastes

    Location
    Located within easy walking distance of Mitcham Eastfields Station, offering direct access to London Victoria, this flat is ideally positioned for commuters. Residents also enjoy close proximity to the open green spaces of Figges Marsh, as well as a wide range of local amenities, shops, and cafes.
    Mitcham Eastfields Station - 0.3 miles
    Tooting Station - 0.6 miles
    Colliers Wood Station - 1.0 miles

    Important information
    EPC Rating: F (potential C)
    Council tax: Merton Band C
    Leasehold - 99 years from 1st August 1990 (approximately 64 years unexpired)
    The current ground rent is £130 per annum. The forecast service charge to YE 30.09.25 is £1,757.67 and the reserve fund to YE 30.09.25 is £854.77.

    Terms
    Available at auction with offers being considered prior
    Savills auction 5th November 2025 (Lot 510) - refer to legal pack on their website for full information
    Guide price £150,000

    Viewing
    A selection of block viewing dates are available and can be arranged via CSJ 020 8296 1270 or Savills

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