THE PROPERTY: Situated on the first floor, this two-bedroom apartment has the benefit of an ensuite shower room and allocated parking. To one end of the sizeable living area is a sleek modern kitchen with integrated oven, hob, washing machine and 'fridge /freezer that will be included in the sale price. The combination of sealed unit double glazing and efficient electric heating accounts for its impressive 'C' EPC rating and 'future proofs' this investment against anticipated legislative changes aims at ensuring rental stock reaches this level by 2030. The lack of gas removes the need for costly gas safely certificates and the property is fully compliant as a rental investment. The current rent of £1,100 PCM produces 6.29% gross yield and the current market value of £1,200 PCM would return gross yield of 6.86% at the asking price. Agents Note: The photographs are taken from our archive and show the property before the current tenancy. Tenure: Leasehold. The property benefits from the remainder of a 125 year lease granted New Year's Day 2009. Ground rent £300 per annum. Maintenance Charge £2,283.52 per annum payable in half yearly installments of £1,142.76 in January and June. West Oxfordshire District Council (Tax Band C). 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.
- Tenure: Leasehold
- Lease Years Remaining: 109
- Ground Rent: £300 per year
- Service Charge: £2,285 per year
- Council Tax Band: C
- Hall with Storage
- Living/Dining Room
- Fitted Kitchen
- Main Bedroom with Wardrobes
- Ensuite Shower Room
- Family Bathroom
- Efficient Electric Heating
- Double Glazing
- Allocated Parking
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