2 Bed Flat, Single Let, Witney, OX28 1YA, £230,000

New Bridge Street, Witney, OX28 1YA - 2 views - 3 months ago

Sold STC
Leasehold
BTL
ROI: 2%
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£84K - £252.3K
Sold Prices/m²£1.2K/m² - £5.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.4K/m²

Value Estimate

£204,235

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,100

Total Cash In

£65,600

 

 

Cash Out

 

Rent Range

£925 - £1,575

Rent Estimate

£1,091

Running Costs/mo

£957

Cashflow/mo

£134

Cashflow/yr

£1,609

ROI

2%

Gross Yield

6%

Local Sold Prices

28 sold prices from £84K to £252.3K, average is £196.5K. £1.2K/m² to £5.3K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£195K06/230 mi23, New Bridge Street, Witney, Oxfordshire OX28 1YA2
£225K11/220.02 mi6, Mead Lane, Witney, Oxfordshire OX28 1YD2
£117.5K12/220.04 mi45, Priory Mill Lane, Witney, Oxfordshire OX28 1YG2
£210K05/230.04 mi17, Priory Mill Lane, Witney, Oxfordshire OX28 1YG2
£184K05/210.07 mi1, Windrush Quay, Witney, Oxfordshire OX28 1YL2
£227.5K06/210.07 mi7, Windrush Quay, Witney, Oxfordshire OX28 1YL2
£220K10/220.09 mi2, Windrush Quay, Witney, Oxfordshire OX28 1YL2
£230K07/210.09 miFlat 6, 4 Bridge Street Mills, Bridge Street, Witney, Oxfordshire OX28 1FX2
£252.3K03/210.09 miFlat 10, 4 Bridge Street Mills, Bridge Street, Witney, Oxfordshire OX28 1FX2
£195K08/230.16 mi20, Waine Rush View, Witney, Oxfordshire OX28 4WX2
£140K08/210.2 mi18, Riverside Gardens, Witney, Oxfordshire OX28 6DD2
£185K11/200.2 mi7, Riverside Gardens, Witney, Oxfordshire OX28 6DD2
£175K06/210.32 mi16, Marriotts Walk, Witney, Oxfordshire OX28 6GX2
£210.9K12/220.32 mi25, Marriotts Walk, Witney, Oxfordshire OX28 6GX2
£193K12/200.42 mi41, Bathing Place Court, Witney, Oxfordshire OX28 6FR2
£170K12/200.43 mi17, Dark Lane, Witney, Oxfordshire OX28 6LE2
£180K11/200.43 mi21, Dark Lane, Witney, Oxfordshire OX28 6LE2
£220K12/220.64 mi11, Grey Lane, Witney, Oxfordshire OX28 1FN2
£220K12/220.69 mi220, Corn Street, Witney, Oxfordshire OX28 6DA2
£210K11/210.69 mi216, Corn Street, Witney, Oxfordshire OX28 6DA2
£252K11/210.82 miFlat 59, Fernleigh, Buttercross Lane, Witney, Oxfordshire OX28 4DZ2
£84K10/220.84 mi30, Wilkinson Place, Witney, Oxfordshire OX28 6JT2
£215K10/200.84 mi12, Wilkinson Place, Witney, Oxfordshire OX28 6JT2
£104.7K01/210.84 mi24, Wilkinson Place, Witney, Oxfordshire OX28 6JT2
£198K09/220.98 mi14a, Beechgate, Witney, Oxfordshire OX28 4JL2
£180K06/210.98 mi41, Beechgate, Witney, Oxfordshire OX28 4JL2
£200K11/210.98 mi38, Beechgate, Witney, Oxfordshire OX28 4JL2
£161K11/210.98 mi22, Beechgate, Witney, Oxfordshire OX28 4JL2

Local Rents

50 rents from £925/mo to £1.6K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,20007/240 miNew Bridge Street, Witney, OX282
£1,20007/240.02 miMead Lane, Witney2
£1,30007/240.05 miMarsh Walk, Witney2
£1,15507/240.08 miNew Bridge Street, Witney, Oxfordshire2
£1,15507/240.08 miNew Bridge Street, Witney, Oxfordshire2
£1,15507/240.08 miNew Bridge Street, Witney, Oxfordshire2
£1,20008/240.08 miMead Lane, Witney, Oxfordshire2
£1,20008/240.08 miMead Lane, Witney, Oxfordshire2
£1,20010/240.15 mi-2
£1,40008/240.18 miWoodgreen, Witney, Oxfordshire, OX282
£1,15006/240.19 miWorley Walk, High Street, Witney, OX282
£1,10006/240.2 miCentral Witney2
£1,20006/240.2 miHigh Street, Witney2
£92508/240.21 miHigh Street, Witney, Oxfordshire, OX282
£1,13507/240.25 mi33 Ashcombe Crescent, Witney, Oxfordshire2
£1,09008/240.25 mi33 Ashcombe Crescent, Witney, Oxfordshire2
£1,07008/240.25 mi33 Ashcombe Crescent, Witney, Oxfordshire2
£1,07009/240.25 mi33 Ashcombe Crescent, Witney, Oxfordshire2
£1,07009/240.25 mi33 Ashcombe Crescent, Witney, Oxfordshire2
£1,40007/240.26 miWest End, Witney, OX282
£1,39506/240.27 mi-2
£1,20006/240.27 miWest End, Witney, OX28 1NJ2
£1,05006/240.3 miMarriotts Walk, Witney2
£1,40006/240.3 miMill Street, Witney, OX282
£1,20008/240.3 miWoodford Mill, Witney2
£1,30008/240.32 miTower Hill, Witney, OX282
£1,20007/240.35 miWoodford Way, Witney, Oxfordshire, OX282
£1,15007/240.35 miWoodford Way, Witney, Oxfordshire, OX282
£1,50004/250.35 mi-2
£1,20006/240.35 miHigh Street, Witney, OX282
£1,29509/240.35 miWelch Way, Witney2
£1,00002/240.38 mi-2
£1,25007/240.39 miMarket Square, 8B Market Square, Witney2
£1,20007/240.42 miBathing Place Court, Witney2
£1,27506/240.42 mi-2
£1,30004/250.42 mi-2
£1,25009/240.42 miLangdale Gate, Witney, Oxfordshire, OX282
£1,40006/240.45 miAdmiral Court, Witney2
£1,57506/240.45 miAdmiral Court, Witney2
£1,35009/240.45 miAdmiral Court, Dark Lane, Witney2
£1,25009/240.45 miMeadow Lane, Witney2
£1,50006/240.46 miHailey Road, Witney2
£1,20006/240.47 miBathing Place Lane, Witney2
£1,20006/240.47 miBathing Place Lane, Witney2
£1,20007/240.47 miBathing Place Lane, Witney2
£1,20008/240.47 miBathing Place Lane, Witney2
£1,20008/240.47 miBathing Place Lane, Witney2
£1,20009/240.47 miBathing Place Lane, Witney2
£1,30008/240.47 miPark View Road, Witney2
£1,50008/240.47 miOakfield Place, WITNEY2

Local Area Statistics

Population in OX28

27,576

Population in Witney

50,632

Town centre distance

0.38 miles away

Nearest school

0.40 miles away

Nearest train station

4.44 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+7%

Property History

Listed for £230,000

January 27, 2025

Floor Plans

Description

  • Two double bedrooms +
  • Top Floor +
  • Modern family bathroom +
  • Dual aspect living area +
  • Spacious fitted kitchen +
  • Allocated parking space +

SUMMARY
Located in a prime position in the heart of Witney is this beautifully presented and spacious two bedroom apartment that is located on the top floor. This lovely apartment has electric heating, neat and tidy communal entrance with buzzer and an allocated parking space.

DESCRIPTION
Located in a prime position in the heart of Witney is this beautifully presented and spacious two bedroom apartment that is located on the top floor.

As you walk in you will find two well proportioned double bedrooms, a three piece family bathroom that is both modern and sizeable and a dual aspect living area that allows plenty of natural light to flood in that is open to a well thought out kitchen that offers lots of storage space and room for appliances..

This lovely apartment has electric heating, neat and tidy communal entrance with buzzer and an allocated parking space. Positioned just a short walk to all amenities, main bus routes and the A40. Additionally there is "loft access" as this space comes with the flat and can be boarded and used as pleased.

Witney is a delightful market town historically connected with the wool trade and blanket making. It has an excellent range of shopping and leisure amenities including most of the high street retail brands, as well as a multi-screen cinema, and a fine choice of pub/restaurants. It also has the benefit of plentiful free car parking. The A40 provides a road link to Oxford to the east and Cheltenham to the west. A main line station with a fast London service is at nearby Long Hanborough about five miles away.

Lease 125 years from 2007.

Lounge 12' 7" x 18' 9" ( 3.84m x 5.71m )

Kitchen 8' 10" x 7' 11" ( 2.69m x 2.41m )
New taps

Bedroom One 8' 10" x 14' 2" ( 2.69m x 4.32m )

Bedroom Two 8' 1" x 10' 2" ( 2.46m x 3.10m )

Bathroom 7' 6" x 6' 11" ( 2.29m x 2.11m )
New Flooring. Showrr Screen, Radiator and new taps

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Witney

01993 225836

Next Steps?

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