Flat for sale in Cheam Mansions, Station Way, Cheam, Sutton SM3

A spacious two double bedroom ground floor flat located just a few moments from Cheam Village high street and Cheam railway station which provides commuter services into London Victoria and London Bridge. The property offers lots of potential and is set over 880sq ft within one of the area’s sought after mansion style blocks.
The property comprises entrance hall, dual aspect living/dining room, well-proportioned kitchen with lots of cupboard and counter space, two double bedrooms with fitted wardrobes. A bathroom with separate shower cubicle and separate WC.
Locally, the area is both commuter and family friendly with a choice of shops and restaurants in the village including Waitrose, Sainsburys, Pizza Express and Costa plus independent bars and retailers. Schools are sought after in the immediate area and include St Dunstan’s CofE Primary School and Nonsuch High School for Girls. Various bus routes provide links towards Sutton, Epsom and Worcester Park all offering further amenities such as cinemas, leisure centres and parks.
Please be advised that the lease is currently 54 years and the property has been priced to reflect this. However, this may prohibit some lenders from lending against the property, unless the lease is renewed. If a prospective buyer wishes for the current owners to extend the lease, they will be happy to do this but the purchase price will change to £375,000 and the lease extension will be done at the time of completion.
The current Leasehold and Freehold Reform Act 2024 which has been passed by the House of Lords in May, but is awaiting an implementation date, should mean that the cost of renewing leases of below 80 years will reduce by around 50%.