2 bed flat for sale

Monarch Parade, London Road, Mitcham CR4

Summary

Open house 11th July 12pm
Viewings strictly by appointmeny only
A Fantastic Opportunity - Two Bedroom Flat on London Road, Mitcham
Situated on London Road, Mitcham, this two-bedroom flat presents an excellent opportunity for investors, first-time buyers, or those looking to create a home tailored to their own tastes. Requiring throughout, the property offers fantastic potential to add value and transform it into a modern and stylish residence. The accommodation comprises an entrance hall, spacious living room, kitchen, two well-proportioned bedrooms, and a family bathroom. With a practical layout and generous living space, the property provides an ideal blank canvas for renovation. Conveniently located, the flat enjoys easy access to a range of local shops, supermarkets, cafs, and everyday amenities, while excellent transport links provide connections into Central London and the surrounding areas. Nearby parks and green spaces also offer plenty of opportunities for outdoor leisure. Whether you're looking for your next investment project or a property to renovate and make your own, this is a fantastic opportunity not to be missed. Early to appreciate the potential on offer.

Council Tax Band: B
Tenure: Leasehold
Length of Lease: 964

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.