No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£2,400,000
Added < 7 days

Land for sale

Broadway, Didcot, OX11
Recently added
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Land
0 bed
0 bath
60,098 sq ft / 5,583 sq m

Property description & features

  • Tenure: Freehold
  • An opportunity to acquire the freehold of this entire development including nine one bedroom apartments and three two bedroom apartments.
  • Upwards of £156,000 per annum rental income
  • Individual price list per unit available from the Estate Agent
  • Individual floor plans available from the Estate Agent
  • Individual breakdown of maintenance charges available from the Estate Agent
*INVESTMENT OPPORTUNITY* An opportunity to purchase nine one bedroom apartments and three two bedroom apartments forming parting of this very impressive conversion of an old bank in the middle of Didcot Town Centre.

The price includes the acquisition of the freehold.

From an investment perspective the development should generate upwards of £156,000 per annum in rental income. Given the size, location and finish of the units; we would be confident in sourcing a steady flow of tenants. Units range from 413sq ft to 914sq ft and boast some impressive features.

For a full break down of prices per unit, maintenance charges, and floorplans; please contact the selling agent.

The town of Didcot offers comprehensive leisure and sporting facilities for all ages and has a shopping complex which opened in 2005 named the Orchard Centre with multiplex cinema Cornerstone art centre and various cafes and restaurants. Didcot has excellent road links to the A34 which in turn lead to the M40 in the north and the M4 in the south. There is also an excellent mainline train service into London Paddington from Didcot Parkway (approx. 40 minutes).

Some material information to note: Freehold available. Units are Leasehold – 999 years, ground rent - £125 per annum per unit. Service charges vary per unit dependant on size. Six year professional consultancy certificate. Gas central heating. Mains water, mains electrics, mains drains. Offcom checker indicates standard to ultrafast broadband is available at this postcode. Offcom checker indicates mobile availability and data voice calls could be compromised with some major providers. The government portal highlights this as a low risk surface water flooding postcode and unlikely for groundwater flooding. Details of any restrictive covenants and local planning consents are available on request from the estate agent.

Property information from this agent

Places of interest

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    Property reference RX466149. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Thomas Merrifield - Didcot.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.