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See how verdicts work1-bedroom property · OX12 9BW
For saleListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An extremely secure and well-appointed top floor retirement apartment located close to Wantage town centre, within easy walking distance of local shops and amenities.
The flat is west facing and enjoys afternoon sunshine with pleasant views towards the Downs.
The accommodation comprises a personal front door to a hallway with large storage cupboard, a fitted kitchen with built in appliances, a spacious modern bathroom with a large fitted shower, and a light and airy sitting/dining room.
There is also a large double bedroom with built in wardrobe and plenty of extra space for storage. The apartment is fitted with an emergency pull cord system throughout.
Other benefits include Economy 7 night storage heating, double glazing and an excellent range of communal facilities including a resident's lounge and guest suite, communal laundry room with washing machines and tumble driers, as well as a resident's house manager.
There is also a lift to all floors. Outside, the development is situated in well kept and peaceful communal gardens with parking. SERVICES All mains services connected except gas.
Modern electric heating. Lease 125 years from 1 May 2005. Long lease remaining. Ground rent £395p.a. (£197.50 every 6 months) Annual service charge approx.
£3900 (£1946.42 from1 September 2023 to 29 February 2024 every 6 months) Fairhold Homes (No.
13) Limited, First Port Retirement Property Services, Queensway House, 11 Queensway, New Milton, Hampshire, BH25 5NR.
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
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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 Portway, Wantage
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