3 bed flat for sale

7 Miles Road, Mitcham, Surrey CR4

Guide Price = £140,000+

**For Sale By Public Auction 2nd July 2025 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**

A Vacant First Floor Three Bedroom Flat

Tenure
Leasehold. The property is held on a 99 year lease from 24th July 1974 (thus approximately 48 years unexpired). At the buyer's request a section 42 notice to extend the lease will be served prior to completion, the rights of which would be assigned to the incoming buyer.

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of National Trust - Morden Hall Park are within easy reach. Transport links are provided by Morden underground station (Northern line) and Tooting rail station.

Description
The property comprises a first floor three bedroom flat situated within a mid terrace building arranging over ground and first floors. The property requires a program of refurbishment.

Accommodation
First Floor
Reception Room
Kitchen
Three Bedrooms
Bathroom

Exterior
The property benefits from a private rear garden.

Further Information
When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. If you do not fully understand this process, please ask the auctioneers or a solicitor.

EPC Rating
D


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