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£300,000

Freehold Residential Development, Millway Close, Wolvercote, Oxford, OX2 8BJ

Land size
1.56 acres
Use Class
Use Class: C3

Key Features

  • Planning consent granted for 4 x 1 bedroom flats (Use class C3)
  • Freehold property comprising 55 residential flats and 33 garages all of which are sold off on long leases producing c.£1,405 per annum in ground rent income
  • Located within the Oxford village of Wolvercote, approximately 3 miles north of the City Centre and Oxford Railway Station
  • The freehold demise extends to approximately 1.56 acres
  • Title number ON9746
  • Unconditional offers sought for the freehold interest subject to existing 999 year leases

Description

The site is held freehold (title no ON9746) and currently comprises 55 residential units across 6 three storey buildings and also includes
33 garages. The site extends to approximately 1.56 acres and benefits from planning consent for an additional 4 x 1 bedrooms flats.

Location
The subject property is located in the Oxford suburb of Wolvercote. The property is situated on Millway Close which is a residential cul de sac
accessed from Mere Road. The site is situated within an existing block of flats. Across the road from the flats are a terrace of garages which are
allocated to the flats.

Property details

Tenure
Freehold
Council Tax Band
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Date Posted
2026-01-28

Utilities & Restrictions

Utilities

Electricity
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Water
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Heating
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Broadband
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Sewerage
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Rights & Restrictions

Public Rights of Way
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Private Rights of Way
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Listed Property
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Restrictions
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Property Features

Accessibility
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Parking
Parking Available
Garden
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Market Value Analysis

Based on properties with houses in South East England (1+ acres).

This Property£192,308 / acre
Regional Average (1+ acres)£155,119 / acre
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Enquire about this property

Contact Vail Williams, Bournemouth

Everdene House Deansleigh Road Bournemouth BH7 7DU

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