2 Bed Flat, Single Let, Witney, OX28 6HW, £170,000

11A High Street, Witney, Oxfordshire, OX28 6HW - 2 months ago

Leasehold

Auction

BTL

ROI: 6%

~63 m²

+6 photos

ValuationUndervalued

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

Square Metres	~62.71 m²
Price/m²	£2.7K/m²
Value Estimate	£199,079£199,079
BMV	17%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£42,500£42,500
Stamp Duty & Legal Fees	£9,700£9,700
Total Cash In	£52,200£52,200

Cash Out
Rent Range	£925 - £1,650£925 - £1,650
Rent Estimate	£1,000
Running Costs/mo	£751£751
Cashflow/mo	£249£249
Cashflow/yr	£2,985£2,985
ROI	6%6%
Gross Yield	7%7%

Local Sold Prices

30 sold prices from £84K to £252.3K, average is £196.5K. £1.2K/m² to £5.3K/m², average is £3.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£175K	06/21	0.08 mi	16, Marriotts Walk, Witney, Oxfordshire OX28 6GX	£2,713	65	2	Flat
£210.9K	12/22	0.08 mi	25, Marriotts Walk, Witney, Oxfordshire OX28 6GX	£3,979	53	2	Flat
£195K	08/23	0.22 mi	20, Waine Rush View, Witney, Oxfordshire OX28 4WX	£3,222	61	2	Flat
£170K	12/20	0.24 mi	17, Dark Lane, Witney, Oxfordshire OX28 6LE	£2,742	62	2	Flat
£180K	11/20	0.24 mi	21, Dark Lane, Witney, Oxfordshire OX28 6LE	£2,951	61	2	Flat
£140K	08/21	0.29 mi	18, Riverside Gardens, Witney, Oxfordshire OX28 6DD	£2,222	63	2	Flat
£185K	11/20	0.29 mi	7, Riverside Gardens, Witney, Oxfordshire OX28 6DD	£2,891	64	2	Flat
£220K	10/22	0.29 mi	2, Windrush Quay, Witney, Oxfordshire OX28 1YL	£3,385	65	2	Flat
£184K	05/21	0.3 mi	1, Windrush Quay, Witney, Oxfordshire OX28 1YL	£2,115	87	2	Flat
£227.5K	06/21	0.3 mi	7, Windrush Quay, Witney, Oxfordshire OX28 1YL	£3,016	75	2	Flat
£230K	07/21	0.32 mi	Flat 6, 4 Bridge Street Mills, Bridge Street, Witney, Oxfordshire OX28 1FX	-	-	2	Flat
£252.3K	03/21	0.32 mi	Flat 10, 4 Bridge Street Mills, Bridge Street, Witney, Oxfordshire OX28 1FX	-	-	2	Flat
£220K	12/22	0.33 mi	220, Corn Street, Witney, Oxfordshire OX28 6DA	£5,344	41	2	Flat
£210K	05/23	0.34 mi	17, Priory Mill Lane, Witney, Oxfordshire OX28 1YG	£3,246	65	2	Flat
£117.5K	12/22	0.34 mi	45, Priory Mill Lane, Witney, Oxfordshire OX28 1YG	£1,734	68	2	Flat
£195K	06/23	0.37 mi	23, New Bridge Street, Witney, Oxfordshire OX28 1YA	-	-	2	Flat
£210K	11/21	0.37 mi	216, Corn Street, Witney, Oxfordshire OX28 6DA	£3,231	65	2	Flat
£193K	12/20	0.37 mi	41, Bathing Place Court, Witney, Oxfordshire OX28 6FR	£3,509	55	2	Flat
£225K	11/22	0.38 mi	6, Mead Lane, Witney, Oxfordshire OX28 1YD	£4,104	55	2	Flat
£252K	11/21	0.51 mi	Flat 59, Fernleigh, Buttercross Lane, Witney, Oxfordshire OX28 4DZ	-	-	2	Flat
£84K	10/22	0.57 mi	30, Wilkinson Place, Witney, Oxfordshire OX28 6JT	£1,183	71	2	Flat
£215K	10/20	0.57 mi	12, Wilkinson Place, Witney, Oxfordshire OX28 6JT	£2,829	76	2	Flat
£104.7K	01/21	0.57 mi	24, Wilkinson Place, Witney, Oxfordshire OX28 6JT	£1,689	62	2	Flat
£198K	09/22	0.64 mi	14a, Beechgate, Witney, Oxfordshire OX28 4JL	-	-	2	Flat
£180K	06/21	0.64 mi	41, Beechgate, Witney, Oxfordshire OX28 4JL	£3,520	51	2	Flat
£200K	11/21	0.64 mi	38, Beechgate, Witney, Oxfordshire OX28 4JL	£3,175	63	2	Flat
£161K	11/21	0.64 mi	22, Beechgate, Witney, Oxfordshire OX28 4JL	£2,981	54	2	Flat
£180K	01/21	0.92 mi	345a, Thorney Leys, Witney, Oxfordshire OX28 5NP	£3,673	49	2	Flat
£232.5K	07/23	0.93 mi	51, Painswick Close, Witney, Oxfordshire OX28 5FX	£4,749	49	2	Flat
£220K	12/22	0.96 mi	11, Grey Lane, Witney, Oxfordshire OX28 1FN	£3,841	57	2	Flat

Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£1,300	08/24	0.05 mi	Tower Hill, Witney, OX28	2	Flat
£1,250	07/24	0.08 mi	Market Square, 8B Market Square, Witney	2	Flat
£1,295	09/24	0.09 mi	Welch Way, Witney	2	Flat
£1,200	06/24	0.09 mi	High Street, Witney, OX28	2	Flat
£1,000	02/24	0.1 mi	-	2	Flat
£1,050	06/24	0.11 mi	Marriotts Walk, Witney	2	Flat
£1,200	07/24	0.14 mi	Woodford Way, Witney, Oxfordshire, OX28	2	Flat
£1,150	07/24	0.14 mi	Woodford Way, Witney, Oxfordshire, OX28	2	Flat
£1,250	07/24	0.16 mi	Corn Street, Witney	2	Flat
£1,000	06/24	0.16 mi	Corn Street, Witney	2	Flat
£1,400	06/24	0.16 mi	Jones Mews. Corn Street, Witney	2	Flat
£925	08/24	0.16 mi	High Street, Witney, Oxfordshire, OX28	2	Flat
£1,100	06/24	0.17 mi	Central Witney	2	Terraced House
£1,200	06/24	0.17 mi	High Street, Witney	2	Flat
£1,650	08/24	0.17 mi	Corn Street, Witney	2	Semi-Detached House
£1,650	08/24	0.17 mi	Olive Court Witney OX28	2	Semi-Detached House
£1,150	06/24	0.18 mi	Worley Walk, High Street, Witney, OX28	2	Flat
£1,450	06/24	0.19 mi	Corn Street, Witney, Oxfordshire, OX28	2	Terraced House
£1,135	07/24	0.21 mi	33 Ashcombe Crescent, Witney, Oxfordshire	2	Flat
£1,090	08/24	0.21 mi	33 Ashcombe Crescent, Witney, Oxfordshire	2	Flat
£1,070	08/24	0.21 mi	33 Ashcombe Crescent, Witney, Oxfordshire	2	Flat
£1,070	09/24	0.21 mi	33 Ashcombe Crescent, Witney, Oxfordshire	2	Flat
£1,070	09/24	0.21 mi	33 Ashcombe Crescent, Witney, Oxfordshire	2	Flat
£1,000	06/24	0.22 mi	-	2	Terraced House
£1,200	10/24	0.23 mi	-	2	Flat
£1,400	06/24	0.23 mi	Admiral Court, Witney	2	Flat
£1,575	06/24	0.23 mi	Admiral Court, Witney	2	Flat
£1,350	09/24	0.23 mi	Admiral Court, Dark Lane, Witney	2	Flat
£1,500	08/24	0.23 mi	Corn Street, Witney, OX28	2	Terraced House
£1,250	09/24	0.24 mi	Langdale Gate, Witney, Oxfordshire, OX28	2	Flat
£1,150	03/25	0.26 mi	-	2	Terraced House
£1,500	08/24	0.26 mi	Oakfield Place, WITNEY	2	House
£1,400	07/24	0.28 mi	Old Orchard Court, Witney	2	Flat
£1,400	06/24	0.3 mi	Mill Street, Witney, OX28	2	Flat
£1,500	08/24	0.3 mi	Corn Street, Witney, Oxfordshire, OX28	2	Terraced House
£1,450	08/24	0.3 mi	The Crofts, Witney, Oxfordshire	2	Terraced House
£1,450	07/24	0.3 mi	Corn Street, Witney	2	Terraced House
£1,450	07/24	0.3 mi	Corn Street, Witney	2	Terraced House
£1,300	06/24	0.33 mi	Church Green, Witney, OX28	2	Flat
£1,200	08/24	0.35 mi	Woodford Mill, Witney	2	Flat
£1,155	07/24	0.35 mi	New Bridge Street, Witney, Oxfordshire	2	Flat
£1,155	07/24	0.35 mi	New Bridge Street, Witney, Oxfordshire	2	Flat
£1,155	07/24	0.35 mi	New Bridge Street, Witney, Oxfordshire	2	Flat
£1,200	08/24	0.35 mi	Mead Lane, Witney, Oxfordshire	2	Flat
£1,200	08/24	0.35 mi	Mead Lane, Witney, Oxfordshire	2	Flat
£1,300	07/24	0.35 mi	Marsh Walk, Witney	2	Flat
£1,200	07/24	0.37 mi	New Bridge Street, Witney, OX28	2	Flat
£1,200	07/24	0.37 mi	Bathing Place Court, Witney	2	Flat
£1,275	06/24	0.37 mi	-	2	Flat
£1,300	04/25	0.37 mi	-	2	Flat

Local Area Statistics

Population in OX28	27,57627,576
Population in Witney	50,63250,632
Town centre distance	0.23 miles away0.23 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	4.71 miles away4.71 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-2%-2%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+7%+7%

Property History

Price changed to £170,000

March 28, 2025

Listed for £180,000

February 18, 2025

Floor Plans

Description

Being sold via Secure Sale online bidding. Terms & Conditions apply +
Two Bedrooms +
Kitchen +
Town Location +
Bathroom +
Open Plan +

A well presented two bedroom flat in the centre of town within a short walk of great public transport and all the local amenities. Complete with two double bedrooms, modern bathroom and open plan living

Council Tax Band: B
Tenure: Leasehold
Length Of Lease: 120
Annual Ground Rent Amount: £250.00
Annual Service Charge Amount: £1,560.00

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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ValuationUndervalued

CashflowsOpen in Analyser

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Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents