Town-centre investment with strong rental potential and refurbishment upside.
- First-floor two-bedroom flat in central Faringdon
- Large kitchen/dining room, useful rental appeal
- Estimated rent £1,000 pcm; yield approx. 7.06%
- Long lease: 127 years remaining
- Service charge approx. £1,000; ground rent £100 (confirm exacts)
- Requires cosmetic modernisation and potential insulation works
- No private garden; first-floor access via shared entrance
- Built before 1900 with period features (sash windows, shutters)
A first-floor two-bedroom apartment in central Faringdon, offered as a straightforward buy-to-let or first purchase. The flat sits in a Victorian mid-terrace with period sash windows and a roomy kitchen/dining space, and it is presented as functional but in need of cosmetic modernisation. With 648 sq ft and traditional proportions, the layout will suit a professional couple, small family or rental market tenants.
The property currently shows an estimated rent of £1,000 pcm and a stated yield potential of around 7.06% at the asking price of £170,000. The long lease (127 years remaining) and mains gas heating are positives for landlords; service charge and ground rent are modest but should be confirmed (service charge approx. £1,000; ground rent £100).
Practical drawbacks are clear and factual: the flat is dated and will benefit from updating, the building’s stone walls are assumed to have no insulation, and there’s no private garden. Broadband speeds are average and the accommodation is on the first floor with communal access, so consider tenant appeal for those wanting ground-floor or garden space.
Location is a key strength: town-centre position close to shops, schools and bus links with good road access to the A420, A34 and rail links at Swindon and Didcot. For investors, the prime local rental demand, proximity to amenities and clear refurbishment potential make this an easy-let candidate once modernised.
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