Property photos
Leasehold
Offers over
£160,000
1 bed flat for sale
Woodford Way, Witney OX281 bed
1 bath
1 reception
EPC rating: C
Key Information
Tenure:
Leasehold (111 years)
Service charge:
£1,991 per year
Council tax band:
False
Ground rent:
£300
Ground rent date of next review:
Local area information
Property location
Nearby amenities
- The Batt Church of England Voluntary Aided Primary School 0.2 miles
- Tower Hill Community Primary School 0.3 miles
- Finstock 4.6 miles
- Combe (Oxon) 5.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Leasehold
- Double Bedroom with large built in wardrobe
- Main bathroom with shower over bath
- Large open plan living room/kitchen
- Top floor apartment
- Allocated parking space
- Town centre location
A top floor 1 bedroom apartment located in this convenient position, perfect for an investment purchase.
The property offers open plan lounge and kitchen, double bedroom and bathroom.
There is an allocated parking space.
The apartment is sold with tenant in situ until 13th June 2024. The current rent pcm is £795, which represents a yield of 5.6% at asking price. We have been informed that the property could achieve a higher rent of around £850pcm, which would change the yield to 6%.
There are 111 years remaining (2023) on the lease, with a service charge of £1991.34 per annum and ground rent of £300 per annum.
Witney is a charming market town located between Oxford and the Cotswolds and is subsequently surrounded by stunning countryside. The largest market town in the Cotswolds, Witney’s architecture reflects its past prosperity from the wool trade, including the 17th century Buttercross, the church of St Mary the Virgin and the fine tree-bordered green.
The town has a charming, bustling atmosphere with its unique blend of shops and cafes, including the recently restored Blanket Hall and Pie Shop, a twice weekly market and plenty of annual festivals. There are lots of green spaces to enjoy, including the Leys with its adventure golf, play area and leisure centre. A short walk from the town centre, across the water meadow lies Cogges, an historic farmstead with a fascinating story.
Witney combines all of this heritage with an additional modern shopping centre with plenty of parking, a multiplex cinema, M&S supermarket and a leisure centre.
There are convenient road links via the A40 to Oxford or Cheltenham. The town has excellent bus services. The 2 railway stations are a short drive away located in Long Hanborough and Charlbury. Witney has two secondary schools and numerous primary schools. To check broadband and mobile phone coverage please visit Ofcom here
The property offers open plan lounge and kitchen, double bedroom and bathroom.
There is an allocated parking space.
The apartment is sold with tenant in situ until 13th June 2024. The current rent pcm is £795, which represents a yield of 5.6% at asking price. We have been informed that the property could achieve a higher rent of around £850pcm, which would change the yield to 6%.
There are 111 years remaining (2023) on the lease, with a service charge of £1991.34 per annum and ground rent of £300 per annum.
Witney is a charming market town located between Oxford and the Cotswolds and is subsequently surrounded by stunning countryside. The largest market town in the Cotswolds, Witney’s architecture reflects its past prosperity from the wool trade, including the 17th century Buttercross, the church of St Mary the Virgin and the fine tree-bordered green.
The town has a charming, bustling atmosphere with its unique blend of shops and cafes, including the recently restored Blanket Hall and Pie Shop, a twice weekly market and plenty of annual festivals. There are lots of green spaces to enjoy, including the Leys with its adventure golf, play area and leisure centre. A short walk from the town centre, across the water meadow lies Cogges, an historic farmstead with a fascinating story.
Witney combines all of this heritage with an additional modern shopping centre with plenty of parking, a multiplex cinema, M&S supermarket and a leisure centre.
There are convenient road links via the A40 to Oxford or Cheltenham. The town has excellent bus services. The 2 railway stations are a short drive away located in Long Hanborough and Charlbury. Witney has two secondary schools and numerous primary schools. To check broadband and mobile phone coverage please visit Ofcom here
There are some planning applications within 0.5 miles of this home
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Listed by
Inspired Sales & Acquisitions
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