Witney, OX28 2EF

THE PROPERTY: Some flats trade on novelty; this one trades on substance. Occupying the top floor of a well-managed residential building set within communal grounds at the end of one of the town's most prestigious addresses, this two-bedroom flat offers something increasingly rare in the leasehold market: genuine security of tenure, a share of the freehold, a peppercorn ground rent, and service charges that reflect responsible management rather than the inflated figures commonplace in newer developments with lifts and little else to justify them. The lease extends to over 950 years. The southerly aspect across the principal rooms is not a minor detail. Light moves through the principal rooms throughout the day, with open views across the green to the front lending the space a sense of space that no amount of interior dressing can manufacture. The reception room itself is generously proportioned — genuinely so — and allows distinct sitting and dining areas to be created. The latter benefiting from a retro and amazingly practical serving hatch from a modern kitchen fitted to a practical, unfussy standard. Both bedrooms are doubles, which in this price bracket deserves mention. The bathroom has been refitted and includes a shower. A generous entrance hall with airing cupboard has natural light and is large enough for occasional furniture. Being on the top floor brings the additional benefit of warmth retention and the absence of overhead noise — a consideration that tends to matter more once you have lived somewhere than when you are viewing it. The flat comes with a garage and access to unallocated residents' parking. Double glazing is in place throughout, electric heating serves the property, and the Residents' Association has plans to introduce cavity wall insulation within the next few years — a tangible commitment to the building's long-term upkeep. For those buying for the first time, vacant possession and a current Electrical Installation Condition Report mean the property is ready to occupy with no administrative loose ends. For investors, a realistic gross yield of 7.9% speaks for itself. West Oxfordshire District Council (Tax band B) Tenure: Shared Freehold secured by a share in the Woodlands Court Resident's Association Ltd that owns the Freehold. Remainder of a 999 year lease granted 29th September 1982. Peppercorn (nil) ground rent. Maintenance charge £1,200 per annum - £600 payable every six months.