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1 bed Flat For Sale £150,000
Jubilee Lane, Milton-under-Wychwood, Chipping Norton, Oxfordshire, OX7 6FG


Description
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

This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

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. Electric heating also dispenses with the need for gas safety certificates! Realistic current market rent of £900 per calendar month offers a gross yield around 6..45%.

Council Tax Band: B
Tenure: Leasehold
Length Of Lease: 980
Ground Rent Review Period: no ground rent
Annual Service Charge Amount: £1,600.00

Follow the link for more information:
        
onthemarket.com

  
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