Property description

Three newly refitted first floor two bedroom apartments ideally located in the centre of the picturesque market town of Bicester.

Tenure:
Leasehold

Description:
To be sold together these three recently refitted two bedroom apartments are located in the town centre close to the shops and railway station. Each apartment has been finsihed to a good standard with all bedrooms having en-suite facilities. The apartments are all currently let providing an existing income stream for the new owner.

Accommodation - Apartment 1:
Entrance hall, living area/kitchen area, bedroom 1 with en-suite bathroom and bedroom 2 with en-suite shower room.

Accommodation - Apartment 2:
Entrance hall, living area/kitchen area, bedroom 1 with en-suite shower room and bedroom 2 with en-suite shower room.

Accommodation - Apartment 3:
Entrance hall, living area/kitchen area, bedroom 1 with en-suite bathroom room, stairs from the hall lead up to bedroom 2 with en-suite shower room.

Outside:
Outside is a small communual area.

Access:
Access is via Backway Road and the apartments are located in Cherry\‘s Yard.

Lease:
999 years

Ground Rent and Service Charge:
Ground Rent: £62.50 pa, per flat.
Service Charge: £488.49 pa, per flat.

Rental Income:
The properties are currently let under Assured Tenancy agreements generating:
Apartment 1: £950 pcm
Apartment 2: £950 pcm
Apartment 3: £950 pcm

Total gross income: £34,200

Energy Efficiency Rating (EPC):
Current Rating C, C, D

Services:
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority:
Oxfordshire County Council - 01865 792422

Solicitors:
Brethertons LLP Solicitors, Franklins House, Manorfield Road, Biceter OX26 6EX, Ref: Mr Steven Neasham - stevenneasham@brethertons.co.uk, Tel: 01869 252161

Auction Date: 15-12-16

Leasehold