1 bed flat for sale

Mossie Walk, Witney, Oxfordshire OX29

Immaculate, top floor apartment that is fully compliant and benefits from good tenants in situ and returning an impressive gross yield of 7.1%!

This nearly new first floor apartment presents an exceptional buy-to-let opportunity, currently generating an impressive gross yield of 7.1% with tenants in situ on an assured shorthold tenancy, providing immediate rental income from day one.

The entrance hall features stylish faux panelling and useful integrated storage.

The light-filled double aspect living room flows into a contemporary fitted kitchen. The kitchen is comprehensively equipped with ample cupboard storage, integrated electric oven, gas hob and fridge/freezer. The washing machine and dishwasher will be included in the sale.

The generous double bedroom benefits from dual aspect windows, flooding the room with natural light, whilst the bathroom impresses with classic white sanitary ware and shower over bath.

What truly distinguishes this investment from typical apartment offerings is the rare provision of gas central heating, delivering superior running costs compared to electric systems – an increasingly important consideration for tenants facing rising energy costs. The outstanding EPC rating of B not only appeals to environmentally conscious renters but crucially future-proofs your investment against proposed increases to minimum energy efficiency standards in the private rented sector, protecting you from costly retrofit requirements.

Additional features include high-performance double glazing, zoned gas central heating for optimal efficiency, allocated parking, and the apartment's charming Juliet balcony.

The property benefits from full regulatory compliance and professional management by our award-winning lettings team, ensuring your investment remains hassle-free whilst maximising returns.

This turnkey investment opportunity combines strong immediate yields with excellent long-term prospects in a nearly new property requiring minimal maintenance. With tenants already in residence and generating income, this represents an ideal addition to any property portfolio. Early viewing is strongly recommended to avoid disappointment.

West Oxfordshire District Council - Tax Band B
Tenure: Leasehold 999 years from 1 January 2020
Outgoings: Latest Annual Service charge £1,627.71 payable in 12 monthly installments by direct debit. Annual Estate Charge of £150.

Situation:

Witney was recently described in the national press as a "beautiful 'must-visit' Cotswolds market town". It is positioned about 10 miles to the West of the dreaming spires of Oxford on the banks of the River Windrush. Much of the town's fine architecture reflects the wealth of the woollen trade in its heyday. The rich variety of shops, good schools, street cafes, and excellent sporting facilities coupled with higher order services that include a hospital greatly add to the quality of life.

We are required by law to conduct anti-money laundering checks on all those selling or buying a property. Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy. The cost of these checks is £75 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable. We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.