2 bed flat for sale

Essex Road, Thame OX9

Discover a charming retreat with this stylish and well-presented two double bedroom ground floor maisonette, offered to the market with no onward chain. Step into a bright and airy sitting/dining room, perfect for relaxing or entertaining guests. The fitted kitchen with gas hob adds a touch of convenience, while the immaculate presentation throughout exudes a sense of elegance. With allocated parking for one and additional residents' parking available, practicality meets comfort seamlessly. Ideal for first-time buyers or as an investment opportunity, with a lease of approximately 154 years remaining. Anticipate a monthly rent of £1,400, boasting an impressive rental yield of 6%.

This property encapsulates the perfect blend of convenience and practicality, making it a desirable opportunity.

Lease length - 154 years
Service Charge - £941 per annum (£76 per month)
Ground Rent - £153 per annum

We understand from the seller that the ground rent increases by 50% every 10 years. The next adjustment is due in September 2031, when it will rise to £229.50, followed by an increase to £344.25 in 2041, and continuing on this basis for the remainder of the lease term.

Disclaimer

Particulars described on our website and in marketing materials are for indicative purposes only; their complete accuracy cannot be guaranteed. Details such as boundary lines, rights of way, or property condition should not be treated as fact. Interested parties are advised to consult their own surveyor, solicitor, or other professional before committing to any expenditure or legal obligations.