For Sale By Auction | 09:30, 18 March 2026 | Lot 71A

88 Monarch Parade London Road, Mitcham, Surrey, CR4 3HB

*Guide | £165,000+ (plus fees)

  • Flat
  • 3 Bedrooms
  • Tenure: Leasehold. The property is held on a 250 year lease from 11th March 1997 (thus approximately 221 years unexpired).

Call the team on 020 7625 9007 for more information

Auction Date

Wed 18/03/2026

Auction Time

09:30

Auction Venue

Live Stream

A Third Floor Three Bedroom Flat Fully Let Producing £27,600 Per Annum. (Reflecting a 16.7% Yield on the Guide Price)

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

Tenure

Leasehold. The property is held on a 250 year lease from 11th March 1997 (thus approximately 221 years unexpired).

By Order of the Executors

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.

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.

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,800 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.