Initial price	£280,000
04/06/25	£265,000
Price Change	-5.36%

This property is located in the heart of Mitcham, with all shops, restaurants, and cafes just a short walk away. The Mitcham Eastfield train station is also within walking distance, and numerous bus routes stop directly outside the building, making travel links very convenient. The property itself is a one-bedroom apartment on the first floor, with a long hallway, two storage cupboards, two large double bedrooms, a spacious living/dining area, and a separate kitchen. The bathroom completes the apartment. The property has a 120-year lease, which can be extended to 165 years, and the service charges are £2,089 per annum. The ground rent is currently £30 per annum, but will be reduced to peppercorn once the lease extension is completed.