2 bedroom apartment for sale

A well-designed top floor purpose-built apartment with two double bedrooms and allocated parking near local amenities. No Stamp Duty payable by FTB & realistic gross yield of 6.57% for investors!

THE PROPERTY:

There are many two bedroom apartments for sale at any one time, so it is important to buy the best! This exceptional home has features that will appeal to the discerning first-time buyer and investor alike.

Heat rises and noise in apartments is most noticeable through the ceiling from the floor above, so being on the top floor is ideal. Top floor apartments also have the best light and views.

The efficient electric heating, high levels of insulation and double glazing throughout contribute to an impressive 'C' EPC rating. Not only does this keep the utility bills manageable, it also 'future proofs' the investment against proposed (but currently postponed) changes in legislation increasing the minimum efficiency standards in the privet rented sector.

First time buyers will pay no stamp duty on this purchase and investors will be attracted by the realistic gross yield of 6.57% at a realistic current rental value of £1,150 pcm. The equitably distributed bedroom space would also lend this apartment to sharers and possibly an even higher yield.

The property has been successfully let for by us for years and, is fully compliant in matters such as Electrical Installation & Condition Reports etc.

Allocated parking (Bay 117)

West Oxfordshire District Council (Tax band C).

We are seeking to establish the cost of outgoings.

Please note images are taken from our archive and show the property prior to the current tenancy.

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:

Witney is a fine market town once known the world over for its famous 'Early Mill' blankets. Nowadays, it offers with many independent and specialist shops, several supermarkets and household name stores and multiplex cinema. The Market Square hosts a traditional market every Thursday and Saturday and a Farmer's Market on the 3rd Wednesday of every month.

When it comes to eating and drinking Witney has plenty to offer with more than 40 venues to choose from. In the Windrush Leisure Centre you will find swimming pool, squash courts, gym facilities and sports hall whilst The Leys is a big open space with cricket & football pitches, bowling green, tennis courts and a children's playground.

The town has a number of nurseries, primary schools and two excellent comprehensive secondary schools.

Both Oxford and Cheltenham are easily accessed via the A40. There is also a frequent mainline rail service to Oxford and London Paddington from nearby Long Hanborough.