1 bed Flat For Sale £180,000
A beautifully presented first floor apartment with a pleasing outlook and positioned within the Cotswolds Area of Outstanding Natural Beauty. With over 900 years remaining a on the lease and offering a potential gross yield of 6%, this would make a fine first-time or investment purchase. Vacant possession available April 2024.
THE PROPERTY:
Positioned at the end of a private cul-de-sac, this fine first floor apartment has an incredibly long lease and a wonderful open outlook best appreciated from the wide Juliette balcony in the sizable living room. Both the modern kitchen and bathroom are fitted to a high standard and the double bedroom has fitted wardrobes.
The property has the use of a communal patio area and one space in the parking area at the end of the building (although spaces are not allocated specifically to each apartment).
Tenure: Leasehold - with the benefit of the remainder of a 999 year lease granted Christmas Day 2005. There is a peppercorn (nil) ground rent and from 1st January 2024 the Service Charge cost is £133.28 per month
West Oxfordshire District Council (Tax Band B). Please note these images are taken from our archive and show the property as it was before the start of the current tenancy that is due to end 17th April 2024 with vacant possession available soon after. Electric heating also dispenses with the need for gas safety certificates! The current gross yield is 5.33%, but at a realistic current market rent of £900 per calendar month would return 6.0%!
We are required by law to conduct anti-money laundering checks on all those selling or buying a property. Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy. The cost of these checks is £60 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable. We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.
SITUATION:
Located within the triangle of Burford, Chipping Norton and Stow- on- the- Wold and within the Cotswolds Area of Outstanding Natural Beauty, Milton - under - Wychwood is a thriving village nestled in the Evenlode valley. It has a wide range of local amenities including a village store, post office, doctors, dental and veterinary surgeries, and church. In addition, the local pub, The Hare, serves excellent food in a convivial atmosphere and was favourably reviewed in the Telegraph’s " Good Food Guide" in April 2023.
Nearby Shipton-under-Wychwood has a station although there are more frequent services to Oxford & London from both Kingham and Charlbury (Journey to Paddington from the latter is approximately 76 minutes)..
Further information available at and
THE PROPERTY:
Positioned at the end of a private cul-de-sac, this fine first floor apartment has an incredibly long lease and a wonderful open outlook best appreciated from the wide Juliette balcony in the sizable living room. Both the modern kitchen and bathroom are fitted to a high standard and the double bedroom has fitted wardrobes.
The property has the use of a communal patio area and one space in the parking area at the end of the building (although spaces are not allocated specifically to each apartment).
Tenure: Leasehold - with the benefit of the remainder of a 999 year lease granted Christmas Day 2005. There is a peppercorn (nil) ground rent and from 1st January 2024 the Service Charge cost is £133.28 per month
West Oxfordshire District Council (Tax Band B). Please note these images are taken from our archive and show the property as it was before the start of the current tenancy that is due to end 17th April 2024 with vacant possession available soon after. Electric heating also dispenses with the need for gas safety certificates! The current gross yield is 5.33%, but at a realistic current market rent of £900 per calendar month would return 6.0%!
We are required by law to conduct anti-money laundering checks on all those selling or buying a property. Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy. The cost of these checks is £60 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable. We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.
SITUATION:
Located within the triangle of Burford, Chipping Norton and Stow- on- the- Wold and within the Cotswolds Area of Outstanding Natural Beauty, Milton - under - Wychwood is a thriving village nestled in the Evenlode valley. It has a wide range of local amenities including a village store, post office, doctors, dental and veterinary surgeries, and church. In addition, the local pub, The Hare, serves excellent food in a convivial atmosphere and was favourably reviewed in the Telegraph’s " Good Food Guide" in April 2023.
Nearby Shipton-under-Wychwood has a station although there are more frequent services to Oxford & London from both Kingham and Charlbury (Journey to Paddington from the latter is approximately 76 minutes)..
Further information available at and
