1-bedroom property · OX12 9SQ
For saleListed 252 days
Opportunity summary
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About
Richmond Villages Letcombe Regis is an established retirement community nestled in the beautiful Oxfordshire countryside.
Fostering a sense of community and wellbeing is truly at the heart of what we do.
With a warm and caring team of professionals and a plethora of outstanding on-site facilities, we pride ourselves on delivering an enriched lifestyle for our residents.
Featuring an exquisite selection of independent and assisted living apartments, outstanding onsite facilities and magnificent, landscaped gardens and woodlands, Richmond Villages Letcombe Regis is the perfect location to enjoy your best years.
'What really stood out was the staff who without exception were all very caring, friendly, and helpful which undoubtedly helped contribute to the lovely ambience that we felt around the village.
What a delightful place to enjoy your retirement!' - 2023 Google Review Property We are delighted to offer for sale this stylish & spacious one-bedroom apartment featuring a Dual Aspect Living Room With Balcony.
The property is perfectly situated within easy access of our outstanding on-site facilities including the restaurant, bar, reception, art studio, library, Wellness Spa, beautifully manicured gardens, bowling green, café and shop.
The apartment comprises of a hallway which is accessed from an entrance lobby with stairs to the first floor and the added assistance of a stair lift.
The living room is L shaped with its own dining area plus French doors leading to your own personal balcony and a stone fireplace that provides an attractive focal point to the room.
The Kitchen is well equipped with a full range of wall and base units, granite work surface and integrated appliances as well as a window again affording fine views.
The bedroom in excess of five metres long offers ample space and built in wardrobes whilst the shower room has a walk in shower and a range of contemporary storage and vanity units.
Outside, residents have access to beautifully maintained grounds, carefully tended to by our village gardeners.
The popular bowling green is a short stroll from the apartment in the village centre and surrounding the facilities, you'll find our exquisite wildflower meadow & nature reserve which residents are welcomed to enjoy.
Richmond Villages Letcombe Regis welcomes residents who are 55 and over. We also warmly welcome pets as part of the family.
Community & Wellbeing Aside from the dedicated team of professionals on-hand, what makes our village special is the sense of community we proudly nurture.
With a wide roster of daily events and activities, from floristry and choir groups to art classes and yoga, you can take pleasure in both maintaining your existing hobbies or picking up something new.
Location The charming village of Letcombe Regis (c1086) is nestled in the Oxfordshire countryside at the foot of the Berkshire Downs and is close to Lambourn, often referred to as 'The Valley of the Racehorse' and famous as the second largest centre of racehorse training in England.
Within a stone's throw from the village, you'll find a nature reserve, village pub, the beautiful Ridgeway and the picturesque market town of Wantage which enjoys a thriving atmosphere thanks to a good range of local amenities, including many shops, pubs and restaurants plus a twice weekly market.
Annual events for the town and surrounding area include a music festival, summer arts festival, literary festival and our very own vintage transport festival, which gets bigger every year!
You can also visit historic Ashdown House, Blenheim Palace, and Buscot Park.
Situated just 2 miles from Wantage and only 20 miles from the beautiful University City of Oxford, Richmond Villages Letcombe Regis is easily accessible from the M4 motorway.
Fees A key benefit to living at Richmond Villages is the level of care, support and services that are available to make life more comfortable and enjoyable.
A Service Charge of £197.65 per week covers the general upkeep of the village facilities, building insurance and maintenance, management and registration of staff, and social wellbeing activities and events.
This is reviewed annually on 1st January. A Transfer Fee of 6% of the sale price applies on resales in year one, 8% in year two, and 10% thereafter.
A separate charge for Ground Rent of £296.91 is payable annually on resale properties. This is subject to five yearly reviews from the commencement date specified in the lease.
Please refer to the All You Need to Know booklets or speak to a Village Adviser for further details.
Important Notice: These particulars are intended to give a fair and substantially correct overall description. All dimensions are approximate. The properties are sold unfurnished.
Properties are sold on a 125 year lease and this property has 113 years remaining.
Value & comps
No previous sales on record.
Returns
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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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