1-bedroom flat · SN7 7FR
For saleListed 171 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A wonderful one bedroom, top floor apartment, located in a great development that is walking distance to the town centre.
At the back of the apartment, you find the kitchen/living/dining room surrounded by windows letting in loads of natural light.
The kitchen is well appointed with a range of wall and base units as well as space and plumbing for white goods. The large double bedroom is an amazing size with ample room for furniture and storage.
The family bathroom is fitted with a modern white suite. Completing the internal accommodation are two storage cupboards in the hallway.
Externally, there is one allocated parking space with communal bin and outdoor drying courtyard.
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, The Elms and Folly View primary schools as well as The Old Station Nursery, doctors’ and dentists’ surgeries and The Place 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 more recently with Konigstein im Taunus in Germany.
In 2004, Faringdon became the first Fairtrade town in the South East of England.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 61, Palmer Road, Oxfordshire
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