Hodsons Didcot - A fantastic investment opportunity presents itself with this 2-bedroom maisonette, ideally suited for cash buyers owing to its remaining lease of 51 years. Offering an attractive rental yield of approximately 9%, subject to refurbishment, this first-floor property is being marketed with no onward chain.
In need of complete refurbishment, the residence features a private entrance with stairs leading to a landing area perfect for storage, a spacious front aspect living/dining room adjoining a separate fitted kitchen, two double bedrooms, and a family bathroom. The property also benefits from a communal garden and off-road parking.
The spacious home, offers a well-rounded opportunity for those looking to enhance a property's value and generate a reliable rental income.
The property is located just 0.8 miles from Didcot's mainline train station and is within short walking distance to The Orchard Shopping Centre.
The town of Didcot offers a perfect location for families, commuters and young professionals with excellent local and regional transport links to London, Reading, Oxford or Birmingham via road links to the A34 which in turn lead to the M40 in the north and the M4 in the south and there is also an excellent mainline train service into London Paddington, approx. 45 minutes. Central Didcot offers extensive shopping and leisure facilities with the newly renovated Orchard Centre which now offers a wider range of shops, two gyms, restaurants and a Cineworld cinema, as well as Cornerstone, a local Arts and Drama centre and various superstores including Sainsburys and Aldi.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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