Summary - 41, Sherwood Place, Headington, OXFORD OX3 9PL
2 bed 1 bath Apartment
Affordable two-bed in Headington with parking and long-lease extension planned.
- Two-bedroom first-floor apartment, c. 625 sq ft
- Allocated off-street parking included
- Gas central heating and double glazing
- Service charge approx. £49.73 pcm; ground rent approx. £8.33 pcm
- Currently 79 years remaining; lease being extended to c.990 years
- Dated interior; living room and finishes need modernisation
- Located close to Oxford amenities and regular bus routes
- Local area shows higher crime and deprivation statistics
A practical two-bedroom first-floor apartment in Headington offering straightforward living and low running costs. The flat has a spacious living room, adjacent kitchen, one bathroom and an allocated off-street parking space — useful for commuters and those working in Oxford. Built in the early 2000s, the block benefits from double glazing and gas central heating, keeping heating bills modest.
Currently shown with 79 years remaining on the lease, the owner is arranging an extension to around 990 years; until that process completes some mortgage lenders may be reluctant to approve long-term loans. Service charge and ground rent are low (approximately £49.73pcm and £8.33pcm respectively), but the property sits within managed communal grounds which restrict private garden alteration and maintenance is shared.
The apartment is well placed for Headington and Oxford city centre amenities, with frequent bus links and good road access. At about 625 sq ft, the layout suits first-time buyers seeking an affordable entry into Oxford or investors looking for a manageable buy-to-let with straightforward tenant appeal.
Notable negatives are the neighbourhood’s higher recorded crime level and local area deprivation indicators; the living room and some finishes show dated elements and would benefit from modernisation to maximise appeal and rental value. Buyers should note the current lease status when arranging finance and factor in any short-term lease-related restrictions until the extension is formalised.
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