Woodgreen, Witney, Oxfordshire, OX28

A ground floor apartment in a landmark character conversion with the rare benefits of allocated parking and gas central heating. Offered with the option of vacant possession and an impressive potential gross yield of 6.7% to investors. No Stamp Duty payable by first-time buyers.

THE PROPERTY:

A stylishly updated ground floor apartment with character features that include hardwood stave flooring and a cast iron art nouveau former fireplace and deeply recessed windows.
There is a fitted kitchen with interagted electric oven. four ring gas hob and hood above. The washing machine, 'fridge and freezer will be included in the sale.

The shower room has a walk in corner cubicle with tiled surrounds finished with a contrasting mosaic detail.

The double bedroom is flooded with natural light from a pair of windows. It has a pair of fitted wardrobes and the whole apartment benefits from attractive panel doors, gas central heating and sealed unit double glazing.

Importantly, this apartment has one of the few allocated parking bays available in this block. The position of this is identified on the site plan.

Tenure: Leasehold - The property benefits from a 215 year lease granted 29th September 1984. Service charges are £761.57 per half year payable in October and April.

Please note internal images and virtual tour are taken from our archive and show the property prior to the current tenancy. The current rental value realistically is in the region of £950 per calendar month, giving a gross yield of 6.7%

West Oxfordshire District Council (Tax band B).

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:

The Old Warehouse is positioned on the prestigious Woodstock Road opposite the wide open leafy public space of Wood Green and convenient for access to the A40. It is within walking distance of the thriving town centre and in the Witney and Cogges Conservation Area.

Witney was recently described in the national press as a "beautiful 'must-visit' Cotswolds market town". It is positioned about 10 miles to the West of the dreaming spires of Oxford on the banks of the River Windrush. Much of the town's fine architecture reflects the wealth of the woollen trade in its heyday. The rich variety of shops, good schools, street cafes, and excellent sporting facilities coupled with higher order services that include a hospital greatly add to the quality of life.

Oxford is also easily accessed via the A40 and at Hanborough station (c. 5 miles) there are regular trains into London Paddington (journey time 69 minutes) and to the dreaming spires of Oxford (10 minutes). An alternative service to London Marylebone is available from Oxford Parkway (c.12 miles, journey time 75 minutes).