Property description

With a strikingly distinct and modernized façade, which includes the addition of double glazed windows, these apartments have totally rejuvenated one of Cowley's most notable buildings.

The welcoming entrance lobby leads on to an inner lobby with lift and stairs to all floors.

All apartments have been designed to a high specification and benefit from a modern, contemporary layout. The generously sized windows create an inviting and bright living space while the modern and well-equipped kitchens are fitted with dishwasher, fridge/freezer and washer/dryer as standard.

Many of the apartments on the upper floors also benefit from some impressive views across Oxford.

Modern electric panel heaters combined with low energy lighting provide an energy efficient and comfortable home that is user-friendly, safe and clean. All apartments also benefit from satellite TV points and a video entry system as well as the option of an allocated parking space and the use of a communal cycle storage area.

Key investment facts:-

• Lease 999 Years from 01/04/2014
• Ground Rent £250
• Service Charge - see price list as dependant on each unit.  
• North Oxfordshire Property Services to let the properties on a 3 year deal - 5%+vat 10%+vat 12.5%+vat (9.17% + VAT) for initial 3 years.
• Net yields 4.1%
• (Highest interest rate on a 3 year bond = 2.4% - WITH NO CAPITAL GROWTH)
• Parking spaces at an extra cost of £5000
• Premier Guarantee - 10 Years
• The Developer - Oxford Homes 

The purchase process:-

Completion Q1 2015.

£2,000 Deposit

28 Day exchange

10% deposit - remainder on completion

Property Features :

• Contemporary 1 & 2 Bedroom Apartments
• From £187,500
• Available for Residential & Investment Purchasers
• 999 Year Lease
• 10 Year Premier Guarantee