1-bedroom flat · OX12 8AB
Let agreedReduced £50 (−5.6%) on 25 SepListed 37 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A small well presented second floor apartment located in a converted building in the hear of Wantage town centre.
The property offers open plan sitting room kitchen and comes with white goods and shower room. The property comes furnished or unfurnished, there is also use of a shared Wi-Fi within the block.
* COMMUNAL ENTRANCE * FITTED KITCHEN WITH WHITE GOODS AND SITTING AREA * BEDROOM * SHOWER ROOM * SECONDARY GLAZING * ELECTRIC HEATING * UN/FURNISHED * NO PARKING * RENT: £925.00 PCM DEPOSIT: £1,067.00 HOLDING DEPOSIT: £213.00 TERMS: NO SMOKERS, best suited for one person.
Tenants will be responsible for payment of electricity, water service charges, council tax and telephone (including transfer/connection costs).
AVAILABILITY: Available now, let furnished or unfurnished, includes white goods.
COUNCIL TAX: Band B EER Rating: D = 66 MANAGED BY: Landlord UTILITIES: Mains electric, electric heating and mains water.
INTERNET & MOBILE: Further information on availability and speeds can be found on the Ofcom website ofcom.org.uk.
(Photos currently for 2019) RESERVATION PROCESS ALL APPLICANTS SHOULD MAKE A CAREFUL NOTE OF THE FOLLOWING CONDITIONS AS THEY ARE AN IMPORTANT PART OF ENTERING INTO A TENANCY AGREEMENT SHOULD YOUR APPLICATION BE ACCEPTED.
The property will remain on the market until we have received the following: • A completed tenant application form and Holding Deposit funds (equivalent to a weeks rent); • Documents to demonstrate your proof of current address (dated within the last 3 months) and your Right to Rent in England in accordance with the Immigration Act 2014 (unless you are able to bring your passport into our office in Wantage it may be best to bring it with you to the viewing in order for a copy to be taken there); • The Landlord has accepted your application.
APPLICATION PROCESS The entire application process is electronic where possible.
Once your application has been accepted and the Landlord is happy for us to proceed, our reference company will email you an electronic copy of their reference form for you to complete online.
Once your references have been completed these will be sent to the Landlords so that they can continue the tenancy process with you.
FOR FURTHER INFORMATION AND AN APPOINTMENT TO VIEW, PLEASE TELEPHONE OR E-MAIL
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Market Place, Wantage
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