Oxford Property Weekly - 11 February 2016
With stamp duty reforms set to be introduced from April 2016, local housing experts are encouraging landlords and second home owners to act now and make the most of excellent investment conditions at The Garden Quarter, an outstanding development resorted and newly built homes on the site of the former RAF Bicester.
Set within 23 acres of tranquil, landscaped garden, The Garden Quarter enjoys an enviable location surrounded by superb countryside yet with fantastic road and rail links to local towns and larger cities, with nearby Bicester North station providing regular train services to London Marylebone (48 minutes) and Oxford is only 12 miles away.
Investors have already been taking advantage of excellent buy-to-let conditions and Hayley Cobbett, a recent purchaser, is one of a number of new landlords at the development.
She said: “My sister already owned a property at The Garden Quarter and I thought it would be an astute idea to invest in the development to.
“The development is on the fringes of Bicester town centre, which is currently one of the fastest growing towns in Oxfordshire.
“With excellent commuting options to Oxford and London I was quite confident that I would be able to find a tenant relatively quickly.”
Stylish and contemporary in design, The Garden Quarter is a private community that includes a number of carefully restored and converted historic buildings. The homes, built in either a Neo-Georgian style or reflective of the Art Deco period, offer a rare and sought after combination of outstanding build quality, luxurious specifications and historic detailing and features.
Suzanne Aplin, Sales and Marketing Director at developer City & Country, believes The Garden Quarter’s popularity with investors is down to the excellent craftsmanship of the homes as well as the excellent transport links.
She said: “The Garden Quarter properties were built with first time buyers, families and other owner-occupiers in mind. But clearly the development is also very attractive to tenants – the investment interest has been quite remarkable – and landlords know that they are investing in a high quality, well located home.”
Prices range from £290,000 to £540,000. For more information, visit cityandcountry.co.uk or call 01869 253999.
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