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£160,000

Riverside Gardens, Witney, Oxfordshire, OX28

  • 2 beds
Flat

£160,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£730 per month

Minimum deposit amount:

£8,000
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Ground floor, two bedroom retirement apartment situated in this established riverside private development within easy walking distance of Witney town centre. The accommodation comprises: Entrance hall, living/dining room, re-fitted modern kitchen, Two bedrooms (both with built-in wardrobes) re-fitted shower room. Outside is a sunny private terrace and pleasant mature communal gardens. Residents may also park in the development (but do not have an allocated space). This property is leasehold with the benefit of the remainder of a 99 year lease granted 1st November 1985. There is a peppercorn (nil) ground rent and the service charge is currently �285.19 per month. This includes a communal laundry room and communal lounge, all external maintenance and an on site manager who is available five mornings a week. Minimum age for an occupant is 60 (if a couple the minimum age for a spouse is 55). Agent's Note: We believe this to be a shrewd purchase that is likely to benefit from The Leasehold and Freehold Reform Act 2024 when it is implemented. It is envisaged that this will make it cheaper and easier for leaseholders to extend their leases. Your solicitor will be able to advise further. West Oxfordshire District Council (Tax Band C)

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