A landlord came to talk about our claims
of Oxford's property market being so buoyant at the moment, when we
arrived at the subject of bargains available in our city.
I did a little research and found that a rather lucky person had
purchased a two bedroomed converted flat, in Brasenose Driftway this
Spring, for only £217,000. This property had previously sold for £228,000 in
2007. This represents a great bargain with a gross yield on the
rental return of 5.2%.
In a similar area, another 2 bedroom property sold for £250,000
this year, which is the same price it was at the market peak in 2007. Again, a
fantastic buy that went on to achieve a 5% rental yield.
If you would like to come and discuss properties in the area, you are
welcome to visit our office on Woodin's Way, Paradise Street or give me a call
on 01865 812110
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