2 Bed Flat, Single Let, Witney, OX29 8JB, £220,000

WILLOUGHBY FIELDS Wroslyn Road, Witney, Oxfordshire, OX29 8JB - 7 months ago

Sold STC
Leasehold
BTL
ROI: 2%
39 m²
+2 photos

ValuationOvervalued

Sold Prices£119K - £325K
Sold Prices/m²£1.9K/m² - £4.4K/m²

 

 

Square Metres

38.78 m²
Price/m²£5.7K/m²

Value Estimate

£165,174

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£7,800

Total Cash In

£62,800

 

 

Cash Out

 

Rent Range

£900 - £11,500

Rent Estimate

£998

Running Costs/mo

£907

Cashflow/mo

£91

Cashflow/yr

£1,091

ROI

2%

Gross Yield

5%

Local Sold Prices

9 sold prices from £119K to £325K, average is £230K. £1.9K/m² to £4.4K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£210K10/210 miFlat 3, Willoughby Fields, Wroslyn Road, Freeland, Witney, Oxfordshire OX29 8JB2
£225K05/220 miFlat 11, Willoughby Fields, Wroslyn Road, Freeland, Witney, Oxfordshire OX29 8JB2
£210K10/210 miFlat 3, Willoughby Fields, Wroslyn Road, Freeland, Witney, Oxfordshire OX29 8JB2
£230K04/220.72 mi1a, Wasties Orchard, Long Hanborough, Witney, Oxfordshire OX29 8BA2
£119K09/222.92 mi14, Cockpit Close, Woodstock, Oxfordshire OX20 1UH2
£325K02/212.96 mi8, Rectory Lane, Woodstock, Oxfordshire OX20 1UF2
£257K10/222.96 mi4, Brookside Court, Woodstock, Oxfordshire OX20 1TY2
£270K04/242.96 mi6, Brookside Court, Woodstock, Oxfordshire OX20 1TY2
£280K10/223 mi21a, Oxford Street, Woodstock, Oxfordshire OX20 1TH2

Local Rents

37 rents from £900/mo to £11.5K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,05009/240 mi-1
£1,15006/240 miWilloughby Fields, Wroslyn Road, Freeland, Oxfordshire, OX292
£1,00006/240.07 miWroslyn Road, Witney, Oxfordshire1
£1,79512/240.1 miWroslyn Road Freeland OX293
£1,85006/240.32 mi-3
£2,90002/250.33 mi-3
£2,30005/240.33 mi-4
£1,10007/240.35 mi-1
£1,50012/240.36 miWroslyn Road, Freeland, OX292
£1,20009/240.42 mi-1
£1,20001/250.42 mi-1
£1,09506/240.5 miWitney Road, Long Hanborough OX29 8BJ1
£1,00001/250.5 mi-1
£1,00003/250.5 mi-1
£1,75012/240.6 miAbelwood Road, Long Hanborough5
£1,95012/240.6 miAbelwood Road, Long Hanborough4
£3,25008/230.63 mi-4
£2,99508/240.63 mi-4
£3,25012/240.63 miMillwood Farm Barns, Long Hanborough, Witney, OX294
£1,60006/240.64 mi10a Main Road Long Hanborough, Witney3
£1,35009/230.66 mi-2
£3,10006/240.67 mi-2
£1,20006/240.68 miRoosevelt Road, Long Hanborough, OX292
£1,40012/230.73 mi-2
£3,50006/241.34 miHigherWestfieldFarmhouse5
£1,85006/241.44 miChurch Walk, Combe, Witney, Oxfordshire, OX293
£90012/241.51 miOrchard Close, Combe1
£99506/241.6 miNorth Leigh2
£1,89506/241.66 miCommon Road, North Leigh3
£1,27506/241.66 miAkeman Street, Witney, Oxfordshire3
£4,75012/241.79 miMain Road, OX292
£1,47507/232.25 mi-3
£1,10012/242.36 miCombe Road, Stonesfield, OX291
£11,50012/242.39 miStonesfield7
£1,80012/242.41 miWilliam Buckland Way, Witney, Oxfordshire3
£2,30012/242.45 miChurchfields, Stonesfield, Witney, Oxfordshire, OX293
£1,55008/242.46 mi-3

Local Area Statistics

Population in OX29

23,056

Population in Witney

50,632

Town centre distance

4.07 miles away

Nearest school

0.20 miles away

Nearest train station

1.09 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+7%

Property History

Listed for £220,000

September 19, 2024

Sold for £181,000

2014

Floor Plans

Description

  • Council Tax Band B +
  • Duplex apartment +
  • Open plan living +
  • Length of Lease: 982 years +
  • Rural views +
  • Two parking spaces +
  • Communal garden +
  • Annual Service Charge £1040 +
  • Excellent travel links +
  • EPC Rating C +

A well presented two bedroom duplex apartment in a quiet and friendly development with excellent travel links.

Spacious and full of natural light, the open-plan kitchen/dining area boasts enviable views across open fields and the pleasant communal garden to the rear. The property offers two bedrooms, the second with a built in wardrobe. Both bedrooms are serviced by the main family bathroom.

Outside the property benefits from two parking spaces and a peaceful and well managed communal garden.

The village of Freeland is conveniently located within easy reach of the A40 which runs between Oxford and the market town of Witney, so is well located for commuters and shoppers alike. It is a short drive or cycle ride from the train station in the neighbouring village of Long Hanborough which provides links to Oxford and London. Freeland has a popular primary school and lies within the catchment area for the well-respected Bartholomew secondary school in Eynsham. It has a village hall and a local pub, The Oxfordshire Yeoman, and a further choice of pubs can be found in Long Hanborough along with a large Co-op store.

Agent Details

Flowers Estate Agents, Woodstock

01993 225498

Next Steps?

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