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See how verdicts work2-bedroom flat · OX28 4DZ
For saleListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The accommodation comprises of an entrance hallway leading to all rooms: The lounge/kitchen/diner, two bedrooms and a wet room with Jack and Jill doors also opening into the primary bedroom.
All rooms have underfloor heating and controls are located in the lounge and both bedrooms. The apartment benefits from a Juliet balcony.
The kitchen comes equipped with an electric oven and a four plate electric hob and washing machine. Fernleigh is a wonderful over 55’s development off Station Lane in Witney.
The fantastic facilities on site include 24 hour care staff, a home cinema room, restaurant, hair salon, buggy parking (this can become fully occupied and there may be a waiting list for space), lifts to all floors, a House Manager, activities rooms and a communal residents lounge with large screen TV, library and an electronic piano.
To the front of the development is car parking for residents. Activities and clubs for residents are popular and include New Age Kurling and an arts and crafts group.
Leasehold Property Length of lease: 125 years Years remaining on the lease: 116 years Ground rent: Ask agent (The ground rent increases on January every 25 years from commencement date of the lease, the first increase is due on 01/01/2042) Annual service charge: Ask agent Council Tax - Band D Restrictions on the lease: The flat is for private residence use only and single occupation only.
You cannot assign, underlet, or part with possession of the whole flat. You cannot charge, mortgage, or part with possession of part of the flat. The minimum age for occupation of the flat is 55.
Leaseholders are required to sign up to the Core Care Contract.
You are not allowed to park, or allow to be parked, any unroadworthy or unlicensed vehicle; nor any commercial vehicle, boat or caravan on any part of the Common Parts of the premises.
No radio, TV, HiFi or musical instruments to be played so loudly as to disturb neighbours or to be heard outside the premises between 11pm and 7.30am.
Washing machines are only to be used at reasonable times of the day. No animal or bird is to be kept without written permission from the Landlord. No inflammable liquid or gas heaters are allowed.
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
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FAQ
About 39,, Fernleigh, Witney
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