3 bedroom flat for sale

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3 bedroom flat for sale

Malden Road, Cheam, SUTTON
£160,000

Our Summary

  • SUMMARYAUCTION SALE 20 May 2025 - Leasehold three bedroom split level self contained flat,Investment
  • AUCTION SALE

Description

This is a leasehold three-bedroom split-level self-contained flat located on Malden Road, near its junction with London Road, offering easy access to public transport links and local amenities. The property is currently let on an Assured Shorthold Tenancy at a rent of £1,495 per month, with a reserved rent of £17,940 per annum. The flat is held on a 99-year lease from 1978, with approximately 52 years remaining, and an initial ground rent of £30 per annum. The guide price is £[insert price], and buyers are expected to pay a contract documentation fee of £1,500 (inclusive of VAT) in addition to any other fees payable upon completion. The property is being sold at auction on May 20, 2025.