LETTING & ESTATE AGENT

Our doors may be closed, but we’re still here for you. In line with government advice on the outbreak of Coronavirus (COVID-19), all our Martin & Co branches will be temporarily closed until further notice. The health and safety of our staff and customers is, of course, our number one priority. But while we might not be able to see you, we are still here if you need us. The Martin & Co teams are all working remotely, ensuring we can provide continuous support for all our customers. Please email your nearest branch directly through the website and, most importantly, stay safe and healthy during these difficult times

It's a bargain hunt in Oxford's property market

It's a bargain hunt in Oxford's property market

A landlord came in to talk about Martin &  Co's claims that Oxford's property market is so buoyant at the moment. We eventually arrived at the subject of bargains available in our city.

I did a little research and found that a rather lucky person had purchased a two bedroomed converted flat, in Brasenose Driftway this Spring, for only £217,000. This property had previously sold for £228,000 in 2007. This represents a great bargain with a gross yield on the rental return of 5.2%.

In a similar area, another 2 bedroom property sold for £250,000 this year, which is the same price it was at the market peak in 2007. Again, a fantastic buy that went on to achieve a 5% rental yield.

If you would like to come and discuss properties in the area, you are welcome to visit our office on Woodin's Way, Paradise Street or give me a call on 01865 812110

Best regards

Richard

Lettings Manager, Martin & Co Oxford