1 bedroom apartment for sale

A beautifully presented first floor apartment with a pleasing outlook and positioned within the Cotswolds Area of Outstanding Natural Beauty. Over 900 years remaining & potential gross yield of 6.45%!
Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £150,000.

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

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%.

Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services

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