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2 bed flat for sale Phipps Bridge Road, Mitcham, CR4

Asking price

£240,000

Added on 18/10/2026

Type: Flat
Bedrooms: 2
Bathrooms: 1
Tenure: Leasehold

Key features

Two well-proportioned bedrooms
Spacious and bright reception room
Modern fitted kitchen
Close to transport links and local amenities
Balcony
Well maintained throughout

About this property

Situated in a convenient residential location, this attractive two-bedroom flat offers well-balanced living accommodation throughout and represents an excellent opportunity for first-time buyers, downsizers and investors alike. The property comprises a bright and spacious reception room, providing ample space for both living and dining areas, whilst large windows allow natural light to flood the room. The modern fitted kitchen is well-equipped with a range of wall and base units, complemented by work surfaces and integrated appliance space.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,431
Band B

£1,670
Band C

£1,908
Band D

£2,147
Band E

£2,624
Band F

£3,101
Band G

£3,578
Band H

£4,294

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Merton, 2026/27 bills run from £1,431 a year in band A to £4,294 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Merton, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

100 comparables · within 1.4 miles

Cheaper than 96% of the 2-bed flats for sale nearby right now.

This home, £240,000 Median £400,000 · £274,500 – £600,000

Compared with 100 2-bed flats for sale within 1.4 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Phipps Bridge Road, Mitcham, CR4

Open map Street View

Mortgage and stamp duty

Property price £240,000

£120k £360k

Deposit10% £24,000

£0 £240k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £216,000 mortgage. Most lenders would want a household income of about £48,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 19, Cranleigh Court, Phipps Bridge Road Flat / maisonette	Flat / maisonette	Apr 2024	807 sq ft £263/sq ft	807 sq ft	£263	£212,500
Flat 15, Cranleigh Court, Phipps Bridge Road Flat / maisonette	Flat / maisonette	Jun 2021	807 sq ft £285/sq ft	807 sq ft	£285	£230,000
Flat 1, Cranleigh Court, Phipps Bridge Road Flat / maisonette	Flat / maisonette	Dec 2020	743 sq ft £337/sq ft	743 sq ft	£337	£250,000
Flat 4, Cranleigh Court, Phipps Bridge Road Flat / maisonette	Flat / maisonette	Mar 2020	732 sq ft £342/sq ft	732 sq ft	£342	£250,000
Flat 13, Cranleigh Court, Phipps Bridge Road Flat / maisonette	Flat / maisonette	Nov 2019	474 sq ft £422/sq ft	474 sq ft	£422	£199,950
Flat 13, Cranleigh Court, Phipps Bridge Road Flat / maisonette	Flat / maisonette	Mar 2018	474 sq ft £291/sq ft	474 sq ft	£291	£138,000
Flat 17, Cranleigh Court, Phipps Bridge Road Flat / maisonette	Flat / maisonette	Sept 2016	786 sq ft £337/sq ft	786 sq ft	£337	£265,000
Flat 4, Cranleigh Court, Phipps Bridge Road Flat / maisonette	Flat / maisonette	Sept 2007	732 sq ft £263/sq ft	732 sq ft	£263	£192,500