Welch Way, Witney, Oxfordshire, OX28

A modern one bedroom, ground floor apartment centrally positioned in the heart of the town's Conservation Area and offered with early vacant possession. Excellent first-time or investment purchase offering a gross yield of 7.4%.

THE PROPERTY:

The accommodation comprises open plan living area with modern fitted kitchen, double bedroom with built in wardrobe and bathroom with shower over bath.

Efficient electric heating and double glazing make for sensible outgoings and a the important 'futureproof' C EPC rating. Land lords will also appreciate not having to worry about gas safety certificates!

Please note there is no allocated off road parking available with this apartment but free of charge public parking is available locally within Marriott’s Walk multi storey and Woodford Way long stay car park.

First time buyers will pay no stamp duty on this property and investors will benefit from a fully compliant investment that has been successfully let for may years returning a very respectable 7.4% gross yield!

This property represents an outstanding opportunity whether you're stepping onto the property ladder or expanding your investment portfolio, combining modern living, energy efficiency, and strong rental returns.

West Oxfordshire District Council (Tax band C)

Tenure- The property benefits from the remainder of a 125 year lease granted 1 January 2009. Ground rent: £300 per annum. Service Charge £1,10.81 per half year payable in advance

Agents Note- Photographs taken from our archive and show the property prior to the current tenancy.

SITUATION:

Built on land bequeathed to the town by the blanket manufacturing family Marriott, this property is part of the Marriott's Walk development - a thriving mix of quality apartments, shops, restaurants and cafes built around a piazza and a 5 screen cinema in a Conservation Area.

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 high quality blankets known the world over until the last mill was closed in 2002.
The town offers several thriving sports clubs catering for rugby, cricket and basketball players. 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.

Witney is well placed for the A40 linking the dreaming spires of Oxford to the attractions of Cheltenham Spa and is served by a modern bus fleet featuring wi-fi. within six miles is Hanborough main line station. Journey time to Paddington approximately 78 minutes.


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 £75 (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.