1 bed flat for sale in Broome Way, Banbury OX16, £125,000

125,000.00

Offer Nr.:
64626104
Type of ad:
for Sale
Property type:
1 bed flat
Bedrooms:
1
Bathrooms:
1
Reception rooms:
1
Contact name:
Inspired Sales & Acquisitions
Phone(s):
01865 362231

* Leasehold
* Double bedroom with built in wardrobe, bathroom with shower
* Living room with Juliet balcony
* Kitchen with appliances
* Allocated parking space
* Short walking distance to town centre, train and bus station
* Quick drive to M40 J11
This light and airy top floor 1 bedroom apartment with parking is close to
local shops, train station and walking distance to town centre.
It is also a short walk from Spiceball Park, Banbury reservoir and nature
reserve.
The anticipated rental income of £750pcm would see the property achieve a
gross yield of 7. 2% for any investor. The current rent (£685) would represent
6. 6% yield.
The lease is currently 955 years, the ground rent and service charges are
£78. 98 per month, with no ground rent.

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