15 bedroom detached house for sale

An exceptional opportunity to acquire a freehold investment property located in the vibrant heart of Mitcham.

This property on London Road features three established commercial units on the ground floor, all leased with long-term, favourable rental agreements, providing reliable income and stability.
The upper floors are configured as a 15-bedroom House in Multiple Occupation (HMO), offering an attractive residential investment. This level includes three well-appointed kitchens and three bathrooms, ensuring convenience and functionality for residents. Additionally, tenants have access to a communal terrace that offers views over the rear parking area, enhancing the property’s appeal.

This unique investment combines the benefits of both commercial and residential income in a prime location with solid tenancy agreements in place.

London Road is ideally situated a stone’s throw from Mitcham Tram Stop offering direct access to Wimbledon and East Croydon Stations. Morden Tube Station and the illustrious Modern Hall Park are also located nearby.

Further information is available upon request.


IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum of six months, with the exception of short term accommodation. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
BUYERS INFORMATION

To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a nominal charge of £60 including VAT for this (for the transaction not per person), payable direct to Lifetime Legal. Please note, we are unable to issue a memorandum of sale until the checks are complete.

REFERRAL FEES

We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Goodfellows;

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