1 bed flat for sale

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

Guide Price = £110,000+

**For Sale By Public Auction 18th March 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**

A Second Floor One Bedroom Flat Let Producing £14,400 Per Annum (Reflecting a 13% Yield on Guide)

Tenure
Leasehold. The property is held on a 125 year lease from 16th February 2023 (thus approximately 122 years unexpired).

Location
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.

Description
The property comprises a second floor one bedroom flat situated within a purpose built block arranged over ground and four upper floors.

Accommodation
Second Floor
Reception Room
Kitchen
Bedroom
Bathroom/WC
Separate WC

Exterior
The block benefits from communal gardens.

Tenancy
The property is currently let at a rent of £1,200 per calendar month.

Note
The property is occupied and rent is being received. A copy of the tenancy agreement is not available.

EPC Rating
C


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