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Monday 15 September 2014

Gidley way, Horspath


There is alot to be said about purchasing a property in village location around Oxford and thankfully folks, its all good things!

I found this one, currently on with Chancellors and it is certainly worth a look. Maybe ever so slightly higher than I would pay at £285,000 but hey, thats what offers are for right?!

Beautifully appointed with no work needed, a good location and the all important 2 double bedrooms makes this a tenants dream. It should achieve a rent of £995 per calendar month giving a yield of just over 4% but with serious captial appreciation potential on the location alone. This is what will have people fighting over it. It is close to the school that parents scramble to get their kids into. So much so that this year we have shifted 2 in this location within a day of them coming on OVER the asking price.

Need I say more???

Best regards

Richard

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