3 Bed Terraced House, Single Let, Witney, OX28 3YJ, £280,000

14 Wadards Meadow, Witney, Oxfordshire, OX28 3YJ - 2 views - 4 months ago

Sold STC
BTL
ROI: 4%
~93 m²
+3 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£11,100

Total Cash In

£81,100

 

 

Cash Out

 

Rent Range

£1,400 - £1,700

Rent Estimate

£1,438

Running Costs/mo

£1,183

Cashflow/mo

£255

Cashflow/yr

£3,065

ROI

4%

Gross Yield

6%













Local Rents

11 rents from £1.4K/mo to £1.7K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,70009/240.21 miWaterford Road, Witney, Oxfordshire, OX283
£1,60007/240.23 miWitney, Madley Park, OX283
£1,65008/240.25 miWaterford Road, Witney, Oxon, OX28 1GD3
£1,60006/240.29 miWaterford Lane, Madeley Park, Witney, Oxon, OX28 1GB3
£1,65008/240.3 miWaterford Lane, Witney, OX283
£1,40008/240.31 miBlakes Avenue, Witney3
£1,58007/240.34 miPensclose, Witney, Oxfordshire3
£1,55009/240.34 miPensclose, Witney, Oxfordshire3
£1,55008/240.54 miBirch Grove, Madley Park, Witney3
£1,70006/240.59 miLangdale Gate, Witney3
£1,40011/240.62 mi-3

Local Area Statistics

Population in OX28

27,576

Population in Witney

50,632

Town centre distance

0.86 miles away

Nearest school

0.30 miles away

Nearest train station

4.59 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+7%

Property History

Listed for £280,000

December 13, 2024

Sold for £165,000

2016

Sold for £74,950

1997

Floor Plans

Description

  • POPULAR COGGES DEVELOPMENT +
  • CLOSE TO MAIN OXFORD BUS LINK +
  • WALKING DISTANCE TO TOWN ACROSS LANGEL COMMON +
  • THREE BEDROOMS +
  • REQUIRING REFURBISHMENT THROUGHOUT +
  • CLOSE TO LOCAL SHOPS, DOCTORS & VET PRACTICE +

Cogges is on the eastern side of Witney and offers local shops, excellent primary school, Doctors surgery, chemist and Vet practice. It’s a short drive to the town centre but also offers a pleasant walk across Langel Common to the heart of the town passing the popular Cogges Farm Museum. Requiring refurbishment throughout this family home offers three bedrooms, an enclosed garden and is being sold with no onward chain. The spacious accommodation is across two floors and offers a kitchen with space for dining, sitting room with fireplace, cloakroom and bathroom. A great opportunity to restore this family home on the ever popular Cogges development with easy access to the A40, main bus links and mainline rail link in nearby Long Hanborough.

Agent Details

Breckon & Breckon, Witney

01993 225879

Next Steps?

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