Summary - STATION COURT, 409 - 411 FLAT 7 LONDON ROAD MITCHAM CR4 4BG
1 bed 1 bath Flat
Compact commuter buy with private parking and letting potential.
- One bedroom, open-plan living, about 514 sq ft
- Private off-street parking space included
- Excellent public transport links; tram stop very close
- Advertised 990-year lease but records show 65 years remaining
- Short lease risk: some lenders may refuse mortgages
- Gas boiler and radiators; double glazing (unknown install date)
- High local crime and area deprivation may affect yields
- Council tax described as cheap
This one-bedroom flat in Mitcham offers a compact, modern-feel living space with fast commuter links and a private off-street parking space. The open-plan kitchen/living room and contemporary fittings make it straightforward to let or occupy without major works.
The location is the main draw: Mitcham tram stop is very close, local shops and amenities are within walking distance, and journeys into central London are convenient — attractive to renters and commuters. The property is average-sized at about 514 sq ft and benefits from gas central heating and double glazing (installation date unknown).
Important: there is conflicting lease information. Advertised as a 990-year lease on completion, records also show 65 years remaining. This shortfall could lead some mortgage lenders to refuse finance and would be a material issue for purchasers and buy-to-let buyers. Prospective buyers must verify lease length, mortgageability, service charges and any additional leasehold fees before committing.
The area has higher-than-average crime and local deprivation indicators, which will affect rental demand and long-term capital growth compared with more affluent locations. A clear purchaser opportunity exists for investors comfortable with lease and lending checks or buyers prepared to manage the location’s challenges and modest size.
1 bedroom apartment for sale in Kennedy Close, Mitcham, CR4 — £240,000 • 1 bed • 1 bath • 442 ft²
1 bedroom flat for sale in London Road, Mitcham, CR4 — £210,000 • 1 bed • 1 bath • 510 ft²
1 bedroom apartment for sale in London Road, Mitcham, CR4 — £225,000 • 1 bed • 1 bath • 377 ft²
1 bedroom apartment for sale in Firs Close, Mitcham, CR4 — £225,000 • 1 bed • 1 bath • 479 ft²
Studio flat for sale in Mitcham Park, Mitcham, CR4 — £170,000 • 1 bed • 1 bath • 308 ft²
2 bedroom duplex for sale in London Road, Mitcham, CR4 — £275,000 • 2 bed • 1 bath • 661 ft²
