Blakes Avenue, Witney, Oxfordshire, OX28

A superb first-time or investment purchase, this freehold cluster house has its own garden! Investors - a gross yield of 5.1% anticipated.

THE PROPERTY:

A well designed house with its own garden that would now benefit from some fresh paint and floor coverings - making this an ideal purchase for those who wish to add value.

First time buyers will not need to pay any stamp duty and a realistic market rent of £850 per calendar month will return an attractive gross yield of 5.1% to investors- without any ground rent or service charges to worry about. the property is currently let on a an Assured Shorthold Tenancy that has become Periodic and is currently compliant with relevant legislation.

Local Authority - West Oxfordshire. (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!

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 property is located on a no-through road on the edge of the well regarded Cogges area with its own local shops and amenities. As well as being within walking distance to open countryside, the house is also convenient for access to the A40 that links Oxford to Cheltenham.

Witney is a thriving market town on the edge of the Cotswolds about 10 miles to the West of the dreaming spires of Oxford.

Its location on the banks of the River Windrush led to the manufacture of quality blankets known the world over until the last mill was closed in 2002. Much of the town's fine architecture reflects the wealth of the woollen trade in its heyday. The rich variety of shops, street cafes, and excellent sporting facilities coupled with higher order services that include a hospital greatly add to the quality of life.

A mainline rail service to Oxford and London Paddington is available from Long Hanborough about 6 miles away with journey times of around 9 and 70 minutes respectively.
Council Tax Band: B