3 bed maisonette for sale

Albury Court, Phipp's Bridge Road, Mitcham CR4

A ready-made investment opportunity located within a consistently strong rental area of Mitcham, currently generating £1,850 pcm from reliable long-term tenants with no arrears history.

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 £5,000 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.