2-bedroom flat · OX49 5JH
Opportunity summary
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About
Offering a combination rarely found so close to the centre of Watlington, this two-bedroom first-floor apartment comes with a share of the freehold, approximately 950 years remaining on the lease, its own garage and allocated off-road parking.
The property is just a short walk from the town's shops, cafés and everyday amenities and is approached through a communal courtyard garden.
A secure entry door with intercom system leads into the building, with stairs rising to the first floor. Inside, the apartment opens into an entrance hall with useful built-in storage.
The main bedroom is a good-sized double with fitted wardrobes, while the second bedroom works well as a single bedroom, home office or occasional guest room. There is also a modern shower room.
The main living space is a generous and bright sitting/dining room, with a box bay window bringing plenty of natural light into the room.
A separate fitted kitchen is positioned just off the sitting room.
Outside, the apartment has the considerable advantage of both an allocated parking space and a garage, particularly useful given its central location.
With its share of freehold, exceptionally long lease, garage, parking and convenient position close to the centre of Watlington, the property offers a particularly practical package and is available with no onward chain.
About Watlington Watlington is an attractive historic market town set at the foot of the Chiltern Hills in South Oxfordshire.
The town offers a good range of independent shops, cafés, pubs and everyday amenities, together with Watlington Primary School and Icknield Community College.
Junction 6 of the M40 is around 3 miles away, providing convenient access towards Oxford, London and the wider motorway network.
For those who enjoy the outdoors, the Chilterns National Landscape is quite literally on the doorstep, with Watlington Hill, the Ridgeway National Trail and Oxfordshire Way all close by, offering excellent walking and countryside access.
Material Information Tenure - Leasehold (25% Share of Freehold) Length of Lease - 999 years from 25th March 1978 (Approx 951 years remaining) Maintenance Charges - 2026/7 £350 Per Annum paid in April to cover expenditure on buildings insurance, gutter cleaning, plants and shrubs, gardening, Companies House charges, electricity for the communal areas & ancillaries.
Any unforeseen communal expenses to be split 4 ways in addition to the initial maintenance charge.
Ground Rent - Nil Council Tax Band - B Broadband - FTTP (fibre to the property) Parking - Off Road Parking & Garage Sewerage - Mains Heating - Electric Heating Conservation Area - The property is situated within Watlington's conservation area.
Probate - Please note that this property is being sold subject to the Grant of Probate.
A sale can be agreed and the legal process can progress while probate is awaited, but the Grant of Probate will need to be issued before contracts can be exchanged.
Please contact the selling agent for the latest information on anticipated timescales. Council tax information is sourced directly from the council & government database.
Tenure information and any associated charges are provided to the best of our vendor’s knowledge.
Type of broadband is sourced from the 'Openreach fibre checker' website and indications on available internet speeds and mobile phone coverage can be found using Ofcom's 'mobile & broadband checker'.
Please seek independent legal advice for clarification. Some images may have been digitally enhanced or edited using AI including the removal of non-permanent items for marketing purposes.
These images are intended to provide a fair and accurate representation of the property but buyers are advised to rely on their own inspection.
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 Brook Street, Watlington
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