Investment opportunity in Oxford

Well folks I will admit that nowadays it is a little harder to find a property that stacks up against both yield and a positive history of capital appreciation but you can still find 'em.

Demesne Furze, Oxford

I found this little beauty and it does the numbers nicely. On with Chancellors for £280,000 you can expect to see a rent in the region of £1050 - £1075 per calendar month. That would give you a 4.5% return for starters and in the Oxford market this represents a cracking yield.

Turning my attention to purchase history the most recent property sold on this development fetched £271,000 on the 24th September 2015. This property was previously purchased for £170,000 on the 1st August 2006. More interestingly and an even better indication of the capital appreciation potential is the property sale prior to this which sold on the 9th September 2015 for £220,000 (smaller one bedroom property in need of work) which was previously sold for £175,000 on 17th December 2010. In this 5 year period its growth stood at 2.5%. Interestingly over the 10 year period of the most recent purchase it shows a 7% return against its sold price.

This property is good to rent in its current condition as well. It screams of being low maintenance with nice laminate wood flooring and it also has nice furnishings. The demand for one bedroom property is huge and this will attract tenants in big numbers which would make the risk of void non existent (assuming you use a good agency of course ;)

If you would like more information on this or investment in general please call me.

Good day people.