2-bedroom flat · OX12 9FB
For saleListed 167 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This attractive first-floor apartment offers well-balanced accommodation in a highly convenient setting, within walking distance of both Wantage and Grove, as well as a range of nearby shops and amenities, including the recently opened Lidl.
The property is arranged to provide two comfortable double bedrooms, with the main bedroom benefiting from its own private ensuite shower room, while a separate family bathroom serves the remainder of the apartment.
A standout feature is the notably light and spacious living and dining room, offering plenty of room to relax or entertain, alongside the kitchen that provides a more traditional layout with clearly defined living spaces.
This apartment also comes with the added advantage of an allocated parking space, with further space available, and is offered to the market with no onward chain, making it an appealing option for first-time buyers, investors and downsizers alike.
what3words. w3w.co/highlighted.natively.comforted. Utilities. All mains services are connected, with the exception of gas. Heating Type. Electric storage heaters. Leasehold.
125 years from and including the 1st July 2002. Service Charge. £1646.38 paid annually as of May 2025. Ground Rent with Review Period.
£100.00, paid every 6 months with a scheduled review every 25 years from the start of the lease. The review period outlines that the Ground Rent will double for five periods.
From our experience, a Deed of Variation is likely to be required on this purchase. Location. The village of Grove lays approx.
13 miles south-west of Oxford where the Thames Valley meets the Berkshire Downs and is well situated for all the main travel links, with the A338 providing easy access to the A34, M40, M4, plus the rail links in Oxford, Didcot, and Swindon.
Its favoured position gives the village a peaceful aspect and it stands amid traditional farming areas.
Despite this, Grove has grown, in post-war years, from a small, self-sufficient hamlet to a thriving modern community with shops and schools to meet the needs of its newcomers.
The extensive acreage given over to housing is designed for ease of access to the modern schools in comparative safety, along with a network of walkways, only seldom needing to cross roads or encounter traffic.
With more comprehensive facilities available in nearby Wantage, Grove offers much more than the average village.
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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FAQ
About Wolage Drive, Grove
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