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Hazelrig Drive, Thame, Oxfordshire 1 bed apartment for sale
Hazelrig Drive, Thame, Oxfordshire
£130,000
Hazelrig Drive, Thame, Oxfordshire
£130,000
Our Summary
- With a tenant in situ, this presents an excellent investment opportunity with immediate rental income
- Due to the remaining lease length, this opportunity is open to cash buyers only
- FOR SALE BY ONLINE AUCTION
- For Sale Via Auction
- For sale by online auction
Description
This one-bedroom maisonette is a prime investment opportunity, situated at the end of a quiet cul-de-sac just half a mile from Thame High Street. The property boasts a peaceful setting while being close to the town's amenities, with a double bedroom, study or walk-in wardrobe, bright lounge with private rear garden, modern kitchen, and family bathroom. The property is currently let on a periodic tenancy with a rent increasing to £1,000 per month in November, offering immediate rental income and a gross yield of approximately 9.2%. With a leasehold term of 99 years from 1982, leaving 56 years unexpired, this opportunity is open to cash buyers only due to the remaining lease length.