1 bedroom ground floor flat for sale

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1 bedroom ground floor flat for sale

37B Stapleton Road, Headington, Oxford, Oxfordshire OX3 7LX
£150,000

Our Summary

  • For Sale via our National Online Auction 20/05/2024 and closes on the 21/05/2024
  • Offering to auction s this ground floor one bedroom apartment situated in Headington, Oxford
  • POTENTIAL RENTAL YIELD We have been advised by a local letting estate agent that the potential rental income is £1,350 - £1,400 per calendar month and £16,200 - £16,800 per year
  • NOTICE TO BIDDER Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction

Description

A ground floor one bedroom apartment is being sold via an online auction on May 20, 2024, with a guide price of £150,000. The apartment is located in Headington, Oxford, and features an entrance hall, living room, kitchen, bedroom, and bathroom, as well as a shared rear courtyard garden and permit parking. The location is convenient for medical professionals and academics, with five hospitals and several educational institutions nearby. The potential rental income is estimated to be £1,350-£1,400 per month, offering a gross yield of 10.8-11.2%. Viewings are recommended, but the auctioneers note that they are unable to gain access to the property. The buyer's attention is drawn to the fact that the seller has been unable to obtain an EPC, and the purchaser indemnifies the seller against any future claim or financial penalty related to this. The tenure is leasehold, and there are fees for the administration and buyer's premium.
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