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2 Bed Flat For Sale Nursery Close, Oxford, OX2

£320,000- Flat

Yield: 4.21%
1 of 8
Yield: 4.21%
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  • Rental Guide: £895 - £1,125
  • 2 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • Tenure: Leasehold
  • Purpose Built Top Floor Apartment
  • Two Double Bedrooms, One En-suite
  • Open Plan Living Room/kitchen
  • Double Doors To Balcony
  • Allocated Parking Space
  • Close To Botley Amenities
  • Just Two Miles From Oxford Railway Station
Last Updated: 29th February 2020

Description

Stylish second floor apartment with balcony in a popular development West of the city with good access to the ring road and city centre.

Modern two double bedroom, second floor apartment located in side road close to the centre of Botley. The apartment comprises of an open-plan sitting room/ kitchen, bathroom, master bedroom with en suite and further double bedroom. Gas central heating and double glazing. The open plan living room has a door and glazed side panels to the balcony. Access via secure entry system and an allocated car parking space.

This apartment works perfectly for those looking to take advantage of easy access to Botley and Oxford City. The property would suit first time buyers or investors looking to find a property in an area with high rental demand.

Botley is situated on the Western edge of Oxford and is just 2 miles from Oxford railway station. there is a regular bus route into the city and railway station with a nearby bus stop. Across the road is the newly redeveloped West Way Square shopping centre (completion due Autumn 2020) with supermarkets, an independent florist and butchers shop, cafe, newsagent, post office and banking facilities. Botley primary school is just a few yards away as well as the medical practice. The property is also close to open spaces and countryside with walks. Excellent access to the A420 and A34 Oxford ring road. The perfect combination of suburban life with the exciting urban culture of Oxford’s city centre.

Please call us to discuss the property in more detail and to book a viewing.
Agent Details
Scottfraser
205a, Banbury Road, Oxford, OX2 7HQ
Show Contact Number
01865 554 577

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
6.5

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Very good rental demand in this area.
Compared to other property investments this gives a poor return.
4

Interest Rates

Bank of England Base Rate:
0.1%
Current record low interest rates encourage house prices as it encourages people to borrow.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages will lead to steady house price growth.
5

Fiscal Policy

Stamp Duty:
£9600
Lower taxes for this property type will not burden this property type as much leading to potential future price growth.
8.6

Comparison with other investment alternatives

Investing in this property will give you a higher regular return when compared to other conservative investments.
7

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
2 bedroom properties in proximity are mostly listed £0 - £1,123 – 0 recently listed properties were found in that band. However, the highest were £0, £0, £0.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested