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Property Details

£328,000

Map

Brook house, Cricket Green, Mitcham
1 bedroom
Investment Opportunity or for self living.
A brand new ground floor spacious 1 bedroom flat measuring area of 398 square feet.
Leasehold for 999 years
Within walking distance of the development are both Mitcham Eastfields railway station and Mitcham Station on the Croydon tramlink. The railway station has direct trains to London Victoria, London Bridge, Blackfriars, City Thameslink and St Pancras Railway Station. The Croydon tram link provides direct access to Wimbledon and Croydon.

Highlights:

Ripple Effect - 6 out of the 10 of Britain’s most expensive neighbourhoods are in the South West of London [1] and neighbouring Wimbledon and Colliers Wood are already becoming very expensive. Mitcham is benefiting from this ripple effect due to it currently being more affordable and better value money.

Capital Appreciation – In 2014, Mitcham featured in a Zoopla Report as one of the top 20 places in the UK that saw the biggest average monthly increase in house prices in the past 5 years. With the regeneration project underway, this looks set to increase further.
Rental Demand - Huge rental demand for young professionals who cannot afford to buy or rent in the expensive neighbouring areas with Willow Lane Trading Estate housing over 150 businesses employing over 2,500 people less than one mile away.

Regeneration – Mitcham is currently undergoing a £6m town centre improvement and regeneration project to improve transport links, give the town centre a facelift and supporting local businesses. The work is due to complete in 2018, which will ensure Mitcham has an attractive town centre to be proud of.

Area of Affluence - Mitcham has the 6th highest concentrations of streets where properties are worth over £1 million in the UK after Central London, Richmond, Ascot, Guildford and Leatherhead.[2]

Parks & Recreation - Brook House is only a 3 minute walk away from Canons Leisure Centre and 6 minute walk from Mitcham Common giving quick and easy access to 460 acres of open space and a golf course.

Payment Plan:

25% on Exchange (21 days from reservation& 8203;& 8203;)
75% on completion (Completion Feb 2017)
 





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