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£130,000

Eton Close, Witney, Oxfordshire, OX28

  • 0 beds
Flat

£130,000

  • 0 beds
Flat
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Estimate monthly mortgage payment:

£593 per month

Minimum deposit amount:

£6,500
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THE PROPERTY: A purpose-built studio apartment on the ground floor of a small block towards the end of a quiet cul-de-sac with a pleasant leafy outlook. The kitchen units and sanitary ware are believed to be original, and property has recently been redecorated. This represents an exciting and affordable opportunity to acquire a property in a well-regarded area of the town - the ideal investment purchase. It has been let at £850 per calendar month until August 2025 - returning a gross yield of 7.85% at the asking price! The property has an allocated parking bay to the south (as shown on the site plan) and benefits from electric heating and double glazing. It is offered as an end of chain sale with early vacant possession. Tenure: Leasehold - 999 year lease granted 25 March 1991 Local Authority: West Oxfordshire (Tax Band B) Outgoings: The seller advises that there is an annual maintenance of £250 and that this figure includes ground rent. 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.

Your estimated purchase costs

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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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