Thomas Merrifield says ..

Property Oracle says ..

This property is a one-bedroom, one-bathroom flat located in Cresswell Close, Yarnton, Oxfordshire. The listing describes it as “beautifully presented” and the photos support this assessment, showing a modern and clean interior. The flat is part of a shared ownership scheme, with the listing price representing a 25% share. The location offers proximity to good schools, relatively convenient transportation links to Oxford (via train and road), and a relatively quiet residential setting. However, a significant drawback is the complete lack of private outdoor space. The price seems relatively low considering its condition and location but without a clear understanding of the shared ownership terms and total property value, a fair market valuation is difficult. Buyers considering this property should carefully review the shared ownership agreement and consider the potential implications of purchasing only a portion of the property’s equity. Prospective buyers should also factor in ongoing service charges and maintenance fees associated with shared ownership arrangements. The lack of land should also be considered, as well as the higher running costs associated with living in an apartment versus a freestanding house. While the property presents itself well, the limited ownership structure and lack of outdoor space are key considerations.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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