Summary - 40 FAIRFIELD CLOSE MITCHAM CR4 3RE
1 bed 1 bath Flat
Compact, bright flat near tube — ideal for first-time buyers or buy-to-let investors.
Long lease (approx. 964 years remaining)
Allocated off-street residents' parking
Top-floor flat with abundant natural light
Compact overall size — about 422 sq ft
Electric storage heating — potentially higher bills
Service charge c. £1,492.68 per year
EPC rating C; council tax band B
Close to Tandem Centre and tube station
A bright top-floor one-bedroom flat on Fairfield Close, conveniently placed between Colliers Wood and Mitcham. The living room and bedroom benefit from abundant natural light, and the apartment presents a modern fitted kitchen and bathroom. Allocated off-street parking and communal gardens add everyday convenience for a compact home.
The property is well suited to a first-time buyer seeking an affordable, low-maintenance purchase close to the Tandem Centre and local tube links. The long lease (approximately 964 years remaining) and an EPC rating of C are practical strengths, and the building appears well-presented from the outside.
Notable running costs and features to consider: heating is via electric storage heaters, which can be more expensive than gas alternatives, and there is an annual service charge of about £1,492.68. The overall footprint is small (around 422 sq ft) and being top-floor means access is likely by stairs only.
For buyers prepared for a compact one-bedroom layout, this flat offers a straightforward entry into the area with good transport, nearby shops and schools, and immediate rental appeal for investors. The balance of long lease, allocated parking and light-filled rooms provides practical value, while the electricity heating and service charges are important to budget for.
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