Guide price
£249,999
3 bed maisonette for saleAlbury Court, Phipp's Bridge Road, Mitcham CR4
3 beds
2 baths
EPC Rating: C
About this property
8% net Yield in CR4
Three Bedrooms – Ideal for Sharers
Combined gr & Service Charge £84pm
101 Lease
Vacant or Tenanted
Links to London via Mitcham Eastfields
Proven Letting Demand in Block
Situated within Albury Court, this three-bedroom split-level maisonette presents a strong investment opportunity in a high-demand South London rental market, currently tenanted at £1,850 pcm and delivering circa 8% yield.
Arranged over two floors, the property offers generous living space, well suited to maximising rental income through family or sharer occupancy. The accommodation includes a bright living room with access to a private balcony, a functional kitchen, and three well-proportioned bedrooms, alongside a bathroom and separate WC.
Mitcham remains a popular choice for tenants due to its affordability compared to Central London and excellent rail connections into London Victoria and Blackfriars, supporting consistent demand and reliable rental performance.
Available with the tenant in situ for immediate income, or with vacant possession to suit investor strategy, the property also benefits from a long lease, manageable running costs, and scope to add value, making it a reliable, income-generating asset with strong long-term potential.
Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.
Once an offer is accepted, a deposit of £6,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £500 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.
All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.
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Tenure
Leasehold (101 years)
Service charge
Council tax band
Ground rent
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