Property for sale in Oxford, South Parade, OX2 : Oxford : OXF230135

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3 bedroom , South Parade, Oxford OX2 - Sold

sold

South Parade, Oxford OX2

3 Bedroom | Freehold

Asking price £750,000

Oxford 1.7 miles

Oxford Parkway 1.8 miles

Summertown Shops (Stop C) 0.1 miles

A unique mixed investment opportunity situated in the heart of thriving Summertown.

A unique mixed investment opportunity situated in the heart of thriving Summertown.

DESCRIPTION
12 South Parade is situated in a prime Summertown location close to many of the amenities including bars, restaurants and a Marks & Spencer food hall. The building is currently divided into a let shop on the ground floor with a three-bedroom apartment on the first floor which together provide 1602 square feet of accommodation. The shop is currently let to thriving Organic health food store which has further outlets across Oxford. The first-floor apartment extends to 565 sq ft and provides three bedrooms, a sitting/ kitchen/breakfast room.

Please note that the existing business is not affected by the sale of the freehold investment opportunity.

LOCATION
Summertown is a prime affluent North Oxford location and provides everything needed for day-to-day living including shopping facilities and a Marks and Spencer Foodhall. There is an excellent café society with many bars and restaurants, with slightly further afield, the more comprehensive amenities of Oxford City Centre. Summertown is located between the Woodstock and Banbury roads which join directly to the Oxford ring road connecting to the A40 and M40 to London. For commuters, there are two nearby stations, Oxford mainline station offering a regular service to London Paddington, and Oxford Parkway which is just north of the ring road, to London Marylebone. The location is close to a number of very well regarded schools including Summer Fields School, Cutteslowe Primary School, the Dragon School, Cherwell School and St Edward's School.

The next steps...

Establish funds

How will you fund the purchase?

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.

To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.

Some advantages of a broker are:

They do all the legwork for you, working on your behalf with the lender
They compare wholesale mortgage rates from a large number of banks and lenders all at once
Their wholesale interest rates can be lower than retail (bank branch) interest rates
They offer more loan options because they work with numerous banks and lenders
They can finance tricky deals because of their knowledge and various lending partners
They are typically easier to get in contact with, and are less bureaucratic.

However advantages of working with your bank are:

You may be able to build off an existing relationship (and gain discounts if you have a checking or savings account)
You may already know the banker who will handle your mortgage
Banks may be more accountable than a smaller shop
They may offer lower interest rates in some cases
Their ability to add mortgage to existing banking profile and make automatic payments from linked account.

Making an offer

with Carter Jonas.

When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.

Once you’ve found a property you want to buy, it’s time to make an offer. A bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.

If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.

Need to sell a property

or thinking of letting?

If you have a property to sell, why not see how we can help you.

Or if you’re considering letting your property, we can take the stress out of managing your rental, and our award winning lettings team offer a service that can be tailored to your needs.

Combined with nearly 170 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.

Why not book a free, no obligation valuation of your property and find out how Carter Jonas can help you make your next move.