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Corn Street

Witney, Oxfordshire

£370,000

  • Two x one bedroom apartments
  • Net yield of 7.46%
  • Current sitting tenant
  • Strong rental growth potential
  • Well finished throughout

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Witney, Oxfordshire

2 x 1  Apartments | £370,000 | Freehold

THE OPPORTUNITY

A rare opportunity to acquire a fully income-producing freehold investment in the heart of Witney. 129 Corn Street comprises two self-contained one-bedroom apartments, one on the ground floor and one on the first floor, offered for sale together under a single freehold title. Both apartments are let, generating an immediate and reliable rental income from day one of ownership, with tenants responsible for their own utility bills. This is a turn-key opportunity for an investor seeking a low-maintenance, multi-let freehold asset with strong yield credentials.

PROPERTY SUMMARY
  • Two self-contained one-bedroom apartments (ground floor and first floor)
  • Both apartments currently let, producing immediate rental income
  • Tenants are responsible for payment of their own utility bills
  • Located in the popular and historic market town of Witney, Oxfordshire
  • Well suited to buy-to-let investors, portfolio landlords, or SIPP/pension purchase (subject to advice)
RENTAL INCOME & YIELD ANALYSIS

Monthly Rent | £1,150 pcm | £2,300 pcm
Annual Rent | £13,800 pa | £27,600 pa
Asking Price: £370,000
Gross Yield: 7.46%

At the asking price of £370,000, the combined rental income of £27,600 per annum reflects a gross yield of approximately 7.46%, a strong return for a freehold, fully-let residential investment. Net yield will vary depending on individual buyer costs such as insurance, maintenance, letting/management fees and void periods, and prospective purchasers should obtain their own professional advice on likely net returns.
LOCATION
Witney is a thriving and historic market town in West Oxfordshire, well known for its strong rental demand, excellent schools, and attractive high street. The town benefits from good road links via the A40 to Oxford (approximately 12 miles) and onward connections to the national motorway network, along with regular bus services and proximity to Oxford Parkway for rail access into London. Corn Street sits within easy walking distance of the town centre, market square, supermarkets, and local amenities, a location that consistently attracts strong tenant demand.
INVESTMENT HIGHLIGHTS
  • Two income streams from a single freehold purchase, spreading void risk
  • Freehold title removes leasehold costs and ground rent exposure
  • Strong 7.46% gross yield against the £370,000 asking price
  • Established, high-demand rental location in a sought-after Oxfordshire market town

Return on Capital Employed (ROCE) Calculator

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