Block of flats for sale in Wise Court, Stable Road, Bicester OX26

Guide price £2,250,000
Interested in this property? Call +44 20 8115 7085 * or Request Details

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Block of flats for sale

Tenure:
Freehold
Council tax band:
Not available

Property features

  • Freehold investment
  • Potential yield 6.77%

Property description

Investment opportunity: Wise Court, Stable Road Bicester

15 Unit Residential Investment Opportunity - Freehold

Built in 2001 Wise court is a private development of 15 apartments, the apartments are all individually tenanted generating a gross annual revenue of £112,500.

All tenancies are 12 month AST's with rents on the apartments below current market rates and offer the potential of increasing this yield further.

The development is split into 10x self contained one bedroom apartments with a current average rent of £677.50pm, 5 studio apartments with an average rent of £650pm

The development is currently listed on one title which could be split into individual titles.
Council tax Band A

Location
Bicester North Train Station 0.4 miles
Bicester Town Centre 0.8 miles
Bicester Village 1 mile
Junction 9, M40/A34 3.3 miles
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For more information about this property, please contact
Barney Estates and Auctioneers, SW18 on +44 20 8115 7085 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Barney Estates and Auctioneers, and do not constitute property particulars. Please contact Barney Estates and Auctioneers for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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