Summary - 31 FLAT 3 MADLEY BROOK LANE WITNEY OX28 1BT
2 bed 1 bath Apartment
Move-in ready flat with allocated parking and leafy communal grounds.
- Two bedrooms with neutral decor, ready to occupy
- Open-plan living/dining room with pleasant rear outlook
- Allocated off-street parking space included
- EPC B and fast broadband available
- 103-year lease; leasehold tenure
- Service charge £1,235.26 pa and ground rent £100 pa
- Electric storage heaters (higher running costs than gas)
- Suitable for first-time buyers or buy-to-let investors (7.3% gross yield stated)
This well-presented two-bedroom first-floor apartment sits in the popular Madley Park development, overlooking communal greenery for a pleasant, peaceful outlook. The open-plan living/dining area and neutral décor mean you can move in straight away and personalise with minimal work. An allocated off-street parking space and fast broadband add practical everyday convenience.
The property is a sensible step on to the ladder for first-time buyers or a straightforward buy-to-let with a stated gross yield of around 7.3%. Practical details are clear: EPC B, council tax in an affordable band, and a 103-year lease remaining. Service charge and ground rent are modest but should be factored into ongoing costs (service charge £1,235.26 pa; ground rent £100 pa).
A few features to note: heating is via electric storage heaters, which can be more expensive than gas central heating; the apartment is accessed by a communal staircase to the first floor; and the finish, while neutral and sound, offers scope for minor modernisation if you want to increase value. Overall this is a low-maintenance, well-located flat close to schools, local amenities and good road and rail links.
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