2-bedroom flat · OX28 6GP
For saleReduced £10k (−4.5%) on 25 SepListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb opportunity for first-time buyers and those seeking a genuine lock-up-and-leave home, this beautifully presented two-bedroom first-floor apartment forms part of the popular Woodford Mill development in the heart of Witney, a stylish conversion and new-build scheme built around the town's historic wool and blanket-making heritage.
The property: Set within an attractive stone-elevated building just off Woodford Way, the apartment occupies a first floor position.
Inside, the accommodation has been thoughtfully laid out to make the most of every inch, with an entrance hallway leading through to a generous open-plan kitchen and living area spanning over 25 feet in length.
The kitchen is fitted with sleek white gloss units beneath dark contrasting worktops, along with an integrated oven, hob and space for further appliances including a washing machine, making it as practical as it is stylish.
This sociable open-plan space provides plenty of room for both relaxing and entertaining, and flows naturally from the modern kitchen into the living area.
There are two well-proportioned bedrooms, both benefitting from the same characterful eaves windows found throughout the apartment, along with a stylish family bathroom fitted with a contemporary white suite and part-tiled walls.
Practical storage has also been cleverly built into the layout, ideal for keeping the home clutter-free.
In total the apartment offers approximately 51.4 sq m (552 sq ft) of well-planned living space, and comes with the added benefit of one allocated parking space, a real premium in this central location.
Energy efficiency is another strong selling point, with the property boasting a current EPC rating of B (81), meaning lower running costs and a more comfortable home year-round, a genuinely attractive feature for buyers keeping a close eye on bills.
The apartment is offered leasehold, with approximately 105 years remaining on the lease and a ground rent of £300 per annum.
The service charge is currently £1,400 per year, though buyers should note this is reconciled annually against actual expenditure and can therefore vary from year to year; it covers buildings insurance among other communal costs, and in some years the charge for the second half-year has been minimal or waived altogether where expenditure has been lower than budgeted.
Tax band C: £228 est per annum Witney is a thriving market town on the edge of the Cotswolds about 10 miles to the West of the dreaming spires of Oxford.
Its location on the banks of the River Windrush led to the manufacture of high quality blankets known the world over until the last mill was closed in 2002.
The town offers several thriving sports clubs catering for rugby, cricket and basketball players. Much of the town's fine architecture reflects the wealth of the woollen trade in its heyday.
The rich variety of shops, street cafes, and excellent sporting facilities coupled with higher order services that include a hospital greatly add to the quality of life.
Witney is well placed for the A40 linking the dreaming spires of Oxford to the attractions of Cheltenham Spa and is served by a modern bus fleet featuring wi-fi.
Within six miles is Hanborough main line station. Journey time to Paddington approximately 78 minutes.
We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
The cost of these checks is £75 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 4, 1, Woodford Way, Oxfordshire
Explore nearby