Albury Court, Phipp's Bridge Road, Mitcham, CR4
- PROPERTY TYPE
Maisonette
- BEDROOMS
3
- BATHROOMS
2
- SIZE
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Key features
- 8% NET Yield in CR4
- Three Bedrooms – Ideal for Sharers
- Combined GR & Service Charge £84pm
- 101 Lease
- Vacant or Tenanted
- Links to London via Mitcham Eastfields
- Proven Letting Demand in Block
Description
Located on Phipp’s Bridge Road, CR4, the property benefits from a well-established residential setting within the London Borough of Merton, an area that continues to see strong tenant demand due to its relative affordability compared to wider South West London and its excellent commuter links.
Comparable rental properties within the surrounding CR4 postcode are currently achieving between £1,600–£2,200 PCM depending on size, condition and layout, highlighting clear potential for rental uplift and long-term income growth.
The area remains popular with commuters working across Central London and nearby employment hubs, supported by strong transport connections via local rail services and the Tramlink network. Nearby amenities, schools and parks further enhance the location’s appeal for long-term tenants.
The property benefits from a low-maintenance setup, making it an attractive hands-off investment opportunity within a proven and consistently active London rental market.
Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.
Once an offer is accepted, a deposit of £7,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.
All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Albury Court, Phipp's Bridge Road, Mitcham, CR4
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About House Sales Direct, Cheadle
Office 36, 792 Wilmslow Road, Manchester, M20 6UG
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Visit our security centre to find out moreDisclaimer - Property reference 247670. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by House Sales Direct, Cheadle. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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