1 bedroom apartment for sale

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1 bedroom apartment for sale

Woodford Way, Witney
£160,000

Price History

Initial price £170,000
19/04/24 £160,000
Price Change -5.88%

Description

This top floor 1 bedroom apartment is located in a convenient position in Witney, a charming market town surrounded by countryside. The property offers an open plan lounge and kitchen, double bedroom, and bathroom, with an allocated parking space. The apartment is currently rented out until June 2024, generating a yield of 5.6% at the asking price, with potential to increase the rent to £850 per month and improve the yield to 6%. The lease has 111 years remaining and a service charge of £1991.34 per annum, with ground rent of £300 per annum. Witney offers a unique blend of historic architecture, modern amenities, and convenient transport links, making it an attractive investment opportunity.