Outside shot of this one bedroom flat in SuttonOutside shot of this one bedroom flat in Sutton
Outside shot of this one bedroom flat in Sutton

For Sale in Sutton: One bedroom property on the market for around £130,000 ideal for many

This one bedroom flat in Sutton is one of the cheapest on the market in London and is available for around £130,000

When a property is on the market in London for just over £130,000, it won’t be up for sale much longer. This property is one of the cheapest in London and is currently on the market as a leasehold.

The £130,000 is a guide price for an auction. A definition for a house auction according to Zoopla is “Traditional auctions are usually held at an auction house. All interested buyers will be there and they’ll place bids in front of each other. If you’re the highest bidder, you exchange contracts and pay your deposit on the day of the auction.”

It is available to view on Zoopla, and the estate agent is Barnard Marcus.

According to the official governement website, the average price of a house in London is almost £550,000. For many, this is simply out of their price range, especially with the cost of living crisis.

But, this one bed flat is located in Sutton, and costs just £130,000. It comes complete with a bathroom, bedroom and reception area under the band B for council tax.

It also comes equipped with integrated wardrobes in the double bedroom, allowing for more space. It is just a short 0.2 mile walk from All Saints Benhilton primary school and 0.3 miles from Sutton Grammar School. There’s also great transport links nearby, as the property is just 0.5 miles from Sutton Common.