Gilpin Close, Mitcham CR4 Studio for sale

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Gilpin Close, Mitcham CR4 Studio for sale

Gilpin Close, Mitcham
£175,000

Price History

Initial price £185,000
30/05/25 £175,000
Price Change -5.41%

Description

This modernized studio apartment is a great opportunity for first-time buyers or investors, located on a quiet development within walking distance to Colliers Wood tube station and multiple retail parks. The property features a contemporary bathroom, kitchen, and new carpets, and benefits from allocated parking and a secure entrance with entry phone system. The apartment is currently rented, providing a proven yield, and has a 125-year lease from 1987. The ground rent and service charges total £1,380 per annum, and the property is connected to mains electric, water, and sewage. With electric panel heating and no listed or conservation area restrictions, this apartment is ready to move into and offers excellent value for money.