Free Preview Used

You've used your free preview. Sign up to continue exploring properties!

About This Property

Discover what makes this home special

Kennet Apartment 38 is a modern, well-designed first-floor one-bedroom apartment located in the Oxford area, specifically in the OX2 8PQ postcode. Priced at £140,000 under the First Homes scheme, this property offers an excellent entry point into the highly sought-after Oxford property market. The apartment features a spacious open-plan kitchen, living, and dining area, a generous bedroom, and a well-appointed bathroom, making it ideal for first-time buyers or investors seeking a low-maintenance home with strong rental potential.

Situated in a vibrant and accessible location, this apartment benefits from proximity to Oxford's extensive amenities, including reputable schools, parks, and shopping facilities. The property’s location offers good transport links, with easy access to Oxford city centre and nearby train stations, making commuting straightforward. The apartment's east-facing aspect ensures good morning sunlight, enhancing the living space with natural light during the early part of the day.

Property Features

This apartment boasts a contemporary open-plan living area that maximizes space and light, complemented by a well-sized bedroom and a modern bathroom. Two storage cupboards in the hall provide practical storage solutions. The property benefits from double-glazed windows ensuring energy efficiency and sound insulation. Its first-floor position offers privacy and a pleasant outlook, making it a comfortable and practical home or investment opportunity.

Open-plan kitchen/living/dining spaceOne bedroomOne bathroomStorage cupboardsFirst-floor apartmentDouble glazing+1

Local Amenities

Located just north of central Oxford, the property enjoys excellent access to a range of amenities. Summertown, a popular suburb nearby, offers a variety of shops, cafes, and restaurants, catering to diverse tastes. For families, Summertown Primary School and Cherwell School provide reputable education options within a short distance. Outdoor enthusiasts benefit from proximity to Cutteslowe Park, a large green space offering recreational facilities. Oxford Parkway Station, approximately 2.5 miles away, connects residents to London and other major cities, enhancing overall connectivity.

Oxford city centreOxford Parkway StationSummertown Primary SchoolCherwell SchoolCutteslowe ParkTesco Superstore+1
Oxford Station Train Station (1.3 miles, 6 mins drive) • N/A (property is within Oxford) to Oxford

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Could you get a better rate?Compare buy-to-let mortgage deals from 90+ lenders
Compare Rates
Purchase Costs
Total Price£140,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£58/mo
Estimated Ground Rent£5/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
Get a personalised mortgage quoteCompare rates from 90+ lenders — free, no obligation
Compare Rates
Purchase Costs
Total Price£140,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£58/mo
Estimated Ground Rent£5/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Analyzing...
--/100
ChallengingModerateGoodExcellent

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
Specialist international mortgagesSpeak to a broker experienced with non-UK resident buyers
Get Advice
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£140,000
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£58/mo
Estimated Ground Rent£5/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
5.2%
Based on £607/mo rent
Area Price Growth
+1.6%
Average annual increase
5-Year Value Forecast
£151,863
+£11,863 projected gain
5-Year Rent Forecast
£721/mo
Based on 3.5% annual growth
Price per Sq Ft£298
Annual Rent Income£7,284
10-Year ROI208%
Break-Even Point23 yrs

Property Value Projection

Based on 1.6% annual growth
£151,863
5yr
£164,731
10yr
£178,689
15yr
£193,830
20yr
£210,254
25yr
Current: £140,000

Monthly Rental Income

Based on 3.5% annual growth
£721
5yr
£856
10yr
£1,017
15yr
£1,208
20yr
£1,434
25yr
Current: £607/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplan

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

London Paddington
58 mins
1h 25m
Birmingham New Street
1h 20m
1h 40m

Sun Path & Natural LightAI generated - Estimated

NESW
East-Facing Morning Sun
4h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Kitchen/living/dining space
Morning Excellent
Afternoon Moderate
Evening Low
Bedroom 1
Morning Good
Afternoon Moderate
Evening Low

Location Scores

85
Walk Score
Very Walkable
75
Transit Score
Excellent Transit
70
Bike Score
Very Bikeable
View Location Details

Future Developments Nearby

Mixed-use (residential, commercial, tech hub)+Positive Impact
Oxford North Development
1.5 milesEst. 2027
Infrastructure and transport upgrades+Positive Impact
Oxfordshire Growth Deal Projects
Region-wideEst. 2025-2030
* Information based on local planning applications and may be subject to change

Loading location insights...

£140,000
AvailableNB0000037820
View Location Analytics

Kennet Apartment 38 - First Floor - First Homes

Berkshire, Oxford OX2 8PQ
Knights Grove, Newbury
1
Bedrooms
1
Bathrooms
470
Est. Sq ft
apartment
Type

Developer

Cala Homes
Available Plot Numbers
38
1 plot(s) available
Ownershipleasehold

Request Information

£140,000Kennet Apartment 38 - First Floor - First Homes

Enquire About This Property

Kennet Apartment 38 - First Floor - First Homes
Kennet Apartment 38 - First Floor - First HomesBerkshire£140,000

Property Assistant

Ask me anything