2-bedroom flat · SN7 8SL
Listing removedReduced £5k (−3.6%) on 21 JunListed 443 days
Opportunity summary
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About
The apartment can be accessed by a lift or staircase and comprises an entrance hall with two large store cupboards.
A good-sized kitchen with ample floor and wall mounted units and space for appliances. The sitting room is a bright dual aspect room, with a feature fireplace and electric fire inset.
There are two good-sized double bedrooms, one with a “murphy bed” and the other with built in wardrobes. Completing the accommodation is the bathroom fitted with a modern white suite.
Faringdon Town is surrounded by some gorgeous rural countryside and the apartment enjoys glimpses of these views from each window Eastfield Court has a communal car park plus a laundry room, residents' lounge and a visiting scheme manager.
There is an active and friendly community at Eastfield Court with regular residents' meetings over coffee (with the scheme manager), informal gatherings in the garden, Saturday evening get-togethers and Christmas Lunches.
The apartment has an emergency call system and there is a monthly service charge payable to cover maintenance of communal areas, buildings insurance and the cost of the scheme manager.
The properties are leasehold at 99 years from July 1988 and residents must be 60 years or over.
The historic market town of Faringdon, dating back at least to the 12th century, has a thriving community and amenities such as the Leisure Centre, Library, Faringdon Community College, Junior and Infant schools as well as The Old Station Nursery, doctors’ and dentists’ surgeries and a Family Centre.
Buses travel from the town to private schools at Abingdon. The town now boasts three large supermarkets.
Faringdon is also ideally positioned for the A420, leading to the A34, M40 and M4 and mainline railway services from Swindon, Oxford, Oxford Parkway and Didcot Parkway.
There is a frequent bus service through the town from Swindon to Oxford and back, linking to rail services and airports.
The Tower on Folly Hill was built by Lord Berners in 1935 and affords panoramic views across four counties.
For over 20 years, the town has been twinned with Le Mêle-sur-Sarthe in France and in 2004, Faringdon became the first Fairtrade town in the South East of England.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Flat 12, Eastfield Court,, Church Street, Oxfordshire
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