Investment opportunity in Wheatley

Morning folks,

FAIRFAX GATE, WHEATLEY

I hope you are all well.

There is much to be said about village life. The countryside walks, the fresh air, the quiet (I could go on) but perhaps the most intriguing things about villages is what fantastic investments they can make for landlords. Take a look at this one....

I spotted this one which is currently on the market with Chancellors, Headington office. The first thing that jumps out at me other than the location is the condition. It's always nice for investors to purchase a property where minimal work is required for a fair price (more on the latter point to follow!) and this is good to go!

This cute little house would be absolutely ideal for a couple setting up home or a small family with one child and the perfect environment to raise a child as well. It is on the last point that I go back to my previous point on villages representing fantastic investments.

Village primary schools tend to be quite sort after in most locations in the UK (within reason) and Wheatley Primary School is certainly no exception. I base my comments on hard fact folks. We had a property in Wheatley not long back where there was literally a queue of people fighting it out for the property.

The property ticks most of the boxes other than price. If we are looking to make the number work in our favour then an offer is necessary for me rather than asking price (DUH!) £285,000 at a rent of £1050pcm brings you in with a yield of 4.4% which is very respectable in the demanding Oxford market. I find interest in the asking price of £300K and determine that an offer should be welcomed by said agent, considering the last 2 properties to sell in this location were for £265k on 19th August 2015 and prior to this £235,250 on the 19th January 2015.

A sound investment for the right price ladies and gents.

Have a good day.