3 bed flat for sale

88 Monarch Parade London Road, Mitcham, Surrey CR4

Guide Price = £165,000+

**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 Third Floor Three Bedroom Flat Fully Let Producing £27,600 Per Annum. (Reflecting a 16.7% Yield)

By Order of the Executors

Tenure
Leasehold. The property is held on a 250 year lease from 11th March 1997 (thus approximately 221 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 Tooting rail station.

Description
The property comprises a third floor three bedroom flat situated within a mixed use parade arranged over ground and three upper floors.

Accommodation
Third Floor
Reception Room
Kitchen
Three Bedrooms
Bathroom

Exterior
The property benefits from a garage and residents parking.

Tenancy
The property is subject to individual tenancies producing a combined rent of £2,300 per calendar month.

EPC Rating
C


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