A bright & quiet 2 double bedroom first floor apartment ideal for an investor or owner-occupier.
Located at the end of a cul-de-sac in the popular Abingdon Marina development, the property has its own private entrance & is in excellent order with a modern kitchen & bathroom with shower over bath.
There are 2 allocated parking spaces & access to communal gardens. Abingdon town centre (c1.2miles on foot according to Googlemaps) can be accessed via a riverside walk & nearby road links tie the property to the A34, Didcot (c8.7 miles), Harwell Campus (c7.1 miles) & Oxford (c9.8 miles).
The property is currently tenanted until May 2023 - ideal for an investor purchaser. Equally, the property can be provided with vacant possession for an owner-occupier with a minimum of 2 months notice.
At the asking price of £230,000, the current rental income would represent a gross yield of 4.9% with potential for uplift.
There are 973 years remaining of an initial 999 year lease. There is a peppercorn ground rent charge and a service charge of £700 per annum.
Abingdon is a popular and picturesque market town located on the Thames just south of Oxford. With the Thames so close there are numerous river-side walks and the town is home to a number of popular pubs and cafes. Home to a number of excellent schools, Abingdon is also a very useful ‘hub’ point in the local area: Didcot (with its mainline railway station) is a 15 minute drive with Oxford, Witney, Milton Park and Harwell/Science Vale all easily accessible.