Freehold Residential Development - with planning consent for an additional 4 x 1 bedrooms flats
Summary
- Planning consent granted for 4 x 1 bedroom flats (Use class C3)
- Freehold property comprising 55 residential flats and 33 garages all of which are sold off on long leases producing c.£1,405 per annum in ground rent income
- Located within the Oxford village of Wolvercote, approximately 3 miles north of the City Centre and Oxford Railway Station
- The freehold demise extends to approximately 1.56 acres
- Title number ON9746
- Unconditional offers sought for the freehold interest subject to existing 999 year leases
Location
The subject property is located in the Oxford suburb of Wolvercote. The property is situated on Millway Close which is a residential cul de sac
accessed from Mere Road. The site is situated within an existing block of flats. Across the road from the flats are a terrace of garages which are
allocated to the flats.
Get directions from Google Maps
Mainline Stations
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Oxford Parkway24 mins
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Oxford45 mins
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Islip64 mins
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Hanborough91 mins
Underground Station
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Reading507 mins
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Twyford541 mins
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Chesham565 mins
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Amersham578 mins
Further Information
Rates Payable Upon Enquiry
Service Charge n/a
Description
The site is held freehold (title no ON9746) and currently comprises 55 residential units across 6 three storey buildings and also includes
33 garages. The site extends to approximately 1.56 acres and benefits from planning consent for an additional 4 x 1 bedrooms flats.
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