Sold STC

2 bed apartment for sale in Baron Court, London Road, Mitcham, Surrey (ref: 886814)

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Asking Price £245,000

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785.77 sq ft (73 sq m)

Key features

  • Lease to be extended to 125 years upon completion
  • Two double bedroom split-level apartment in the popular Baron Court development
  • No onward chain
  • Spacious living room with Juliet balcony
  • Fitted kitchen with integrated appliances
  • Service charge: £571.23 every six months
  • Excellent transport links via Mitcham Junction, Mitcham Tram Stop and Mitcham Eastfields Station
  • Potential gross rental yield of approximately 8% making it an attractive investment opportunity

Floorplan

2 bed apartment for sale in Baron Court, London Road, Mitcham, Surrey - Property floorplan
  • 2 bed apartment for sale in Baron Court, London Road, Mitcham, Surrey - Property floorplan
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A fantastic opportunity to acquire this well-presented two double bedroom split-level leasehold flat in the popular Baron Court development on London Road, Mitcham, offering an impressive gross yield of approximately 8%. Offered with no onward chain, this property is ideal for investors, as well as first-time buyers seeking excellent transport links into Central London. The building benefits from lift access and enjoys direct access onto London Road Park, providing attractive outdoor space right on your doorstep.

The accommodation features a spacious living room with a Juliet balcony, filling the space with natural light, and a fitted kitchen complete with integrated appliances, perfect for everyday living and entertaining. There are two generous double bedrooms and a well-appointed bathroom. Additional benefits include residents' parking and a reasonable service charge of £571.23 every six months.

A particular advantage is that the seller will extend the lease to 125 years upon completion, providing long-term security and enhancing the property's appeal to both owner-occupiers and investors.

Situated in a convenient and well-connected area of Mitcham, you're just moments from local shops, parks, cafés and transport options, offering a great blend of space, convenience and value.

Transport Links

Mitcham Junction Rail & Tram Station – approximately 0.5 miles (National Rail and Tramlink services)
Mitcham Tram Stop – approximately 0.5 miles (Tramlink services to Wimbledon and Croydon)
Mitcham Eastfields Station – approximately 0.8 miles (National Rail services to Central London)
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Based on a sale price of £245,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Autumn Budget on 30th October 2024 for April 1st 2025 onwards.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

Further details

  • Status: Sold STC
  • Size: 785.77 sq ft (73 sq m)
  • Council tax band: B
  • Council tax amount: £1656
  • Tenure: Leasehold
  • Parking spaces: Communal
  • Reference: 886814

What else you need to know?

  • Lease expiry date: 2151-07-30
  • Service charge: £1,142 per year

  • Utility supply
    • Broadband: FTTC
    • Electricity supply: Mains supply
    • Heating supply: Central
    • Sewerage: Mains supply
    • Water supply: Mains supply
  • Other information
    • Has gas: Yes
    • Property age bracket: 1920 to 1930

Location