2-bedroom flat · OX26 6HZ
Sold STCListed 448 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and well designed first floor retirement apartment, in the grounds of a fine period manor house.
This attractively presented and well maintained property, enjoys attractive views over the grounds and gardens.
Accommodation comprises a large hall, a dual aspect kitchen, a shower room and two double bedrooms. As well as having its own front door there is a straight flight of stairs.
The property benefits from a 24 hour pull cord system. Material information A purpose built two bedroom, first floor retirement apartment. Mains electricity, water and drainage are connected, not gas.
Broadband according to Ofcom all broadband speeds up to and including ultrafast are available.
Mobile phone availability according to Ofcom, all providers are likely to have coverage indoors with the exception of EE where coverage is stated to be limited.
Outdoors all listed providers are likely to have average for both voice and data. The property is Leasehold with a 999 year lease, commenced in 1990.
The current annual service charge, we are informed is £4,032 pa.
There is a provision on the sale of the property that the owner will make a contribution to the sinking fund, please ask Thomas Merrifield for further details.
Properties built pre-2000 may contain asbestos in certain materials used in their construction or in subsequent building work.
Examples of these materials are; Artex, vinyl tiles, sheet boards, corrugated roofing, pipework and lagging/insulation.
These are generally considered safe unless disturbed but prospective buyers must take their own advice.
We have noted the presence of Artex but, as no survey has been carried out, we cannot comment in respect of asbestos potentially elsewhere. The property is in within the grounds of a listed building.
Local Authority: Cherwell district Council - D. EPC - D. Set in a secure gated community; within the glorious grounds of Bicester House, a fine Grade II listed property.
The apartment is a short level walk from the town centre and numerous amenities, including transport links. Bicester is a thriving, historic market town with exceptional road and rail links.
Both Junctions 9 and 10 of the M40 is easily accessible, the towns two mainline railway stations between them provide services to Oxford, Birmingham and London Marylebone in approximately 45 minutes.
The town provides for all everyday needs as well as offering extensive recreational and employment opportunities
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 1 The Quadrangle, Kings End, Bicester
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