![]() |
![]() |
The Riverside Collection Abingdon Oxfordshire OX14 3JN![]() ![]() We expect the capital appreciation to be spectacular. Barratts’ Riverside Collection is just half a mile from the town centre (Waitrose is 400 yards away), and stands in a very quiet, tree-lined avenue. We have just two one-bedroom apartments on offer, the last to be sold on this site.
One is Plot 98, a ground floor, 498 square feet, at £190,900 We have managed to negotiate 13% discounts. The leasehold is for 155 years. Service charge is £475 pa and Ground rent £210 pa. Chancellors (01235 524505) are the local letting agents. They have stated that there is a waiting list of tenants, and that these 1-beds will achieve £675 pcm rent. Tenants are able to commute easily to Oxford, Newbury, Reading, and London. Our mortgage product of choice is unheard of in the present climate. 90% LTV at 4.99% interest only! We estimate a repayment of £725 pcm, hence a shortfall of £50. However, there would be a cashback of £5,700, enough to fund 9 years of mortgage shortfall.
This is a development of 160 one- and two-bedroom apartments and three-bedroom houses in Abingdon (110 apartments, 50 houses) from our very favourite builder. With Oxford town centre just fifteen minutes away, it has the perfect mix of town and country, and there is easy access to the M4 and M40. Abingdon is an attractive and highly sought-after location. This select Barratt Homes development represents a rare opportunity to enjoy all the best aspects of an elegant country lifestyle, within easy reach of the town and only six miles south of Oxford.
Photograph of development model
Your costs£2,500 fee to Provestor£1,000 Reservation Fee (deducted from the price of the property) £1,900 Stamp Duty Legal cost Mortgage valuation & arrangement cost To reserve yours, call us on 01242 238311 Plots 98 & 99
Abingdon, OxfordshireAbingdon (traditionally known as Abingdon-on-Thames) is a market town in Oxfordshire in Southern England. It is the seat of the Vale of White Horse district. Previously the county town of Berkshire, Abingdon claims to be Britain's oldest continuously occupied town.Geography and TransportAbingdon is six miles south of Oxford, in the flat valley of the Thames and is situated on the west (right) bank of that river, where the small river Ock flows in from the Vale of White Horse. The town is situated on the A415 between Witney and Dorchester, and has the benefit of being adjacent to the A34 trunk road, linking it with the M4 and M40 motorways.Local bus services to Oxford and the surrounding areas are run by Stagecoach Group, Thames Travel and the Oxford Bus. The nearest railway stations are at Culham and Radley, although more frequent services may be caught at Oxford or Didcot Parkway. HistoryThe site has been occupied from the early to middle Iron Age and the remains of a late Iron Age defensive enclosure (or oppidum) lies below the town centre. The oppidum was in use throughout the Roman occupation.LeisureSports and recreation are well catered for in the town, with the purpose-built White Horse Leisure and Tennis Centre, Tilsley Park and the Southern Town Park providing adequate facilities.The Tesco Extra store to the west of the town is the largest supermarket in Abingdon and one of the most profitable Tesco stores in the country. Nearby is the Fairacres Retail Park, currently being redeveloped, which boasts a Homebase and Argos. It is also home to two long established Abingdon retailers - Vineys Home Furnishings and Mays Carpets (although Mays is now part of the Carpetright chain and is soon to rebrand accordingly). In the town centre, many independent stores, estate agents and charity shops make up the Bury Street shopping precinct. 2007 town centre refurbishmentsThe town centre of Abingdon is being refurbished in 2007, as part of the council's redevelopment plan. The roads around the area have been changed. Most notable is the one-way system around the centre being partially changed to two-way. Also planned for the town centre is a roofing system over the precinct. The area outside the museum is currently being repaved (July 2007) and a new tourist information centre is planned.EmploymentIndustrially, Abingdon is best known as the location of manufacture of MG cars. Abingdon was also home to the Morland Brewery, whose most famous ale was Old Speckled Hen, but the site of the brewery has now been redeveloped into residential housing.Today Abingdon is close to several major scientific employers the UKAEA at Culham (including the Joint European Torus (JET) fusion research project), Harwell Laboratory, the CCLRC Rutherford Appleton Laboratory and the new Diamond Light Source synchrotron, which is the largest UK-funded scientific facility to be built for over 30 years. Many inhabitants work in Oxford or commute by rail to London, from nearby Didcot station. The Army now occupies Dalton Barracks, which, prior to 1993, was the Royal Air Force station, RAF Abingdon. Abingdon has a business park which has offices for several national and international companies, including Northern Rock bank. The Science Park is home to the headquarters of Sophos, the anti-virus company. Research Machines, an educational computing supplier, refer to themselves as being Abingdon-based. Penlon Ltd, a medical equipment company, are Abingdon-based, formerly based close to the site of the former railway station, although having recently moved to the outskirts of Abingdon, the former premises having been redeveloped as residential housing. Another major employer is the British head office of the German appliance company Miele. To reserve yours, call us on 01242 238311 |
|