5 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- INVESTMENT OPPORTUNITY
- Established HMO licensed for 6 persons generating an income of £40,800 per annum.
- Close to educational institutions
- Potential subject to consents to create more bedrooms.
- Located less than a mile from the city centre and two miles from the rail station.
- Current gross rental yeild of 5.4%.
A well proportioned five bedroom terraced house located in a prime position less than a mile from Oxford City Centre. The property is currently let as an HMO for 6 persons and additionally has planning consent to be an HMO although it could be used as a private house subject to change of use back to a residnetial dwelling. The current annual rent is £40,800 generating a rental yield of 5.4%. Subject to the necesssary consents, there is the opportunity to split the large sitting room into two reception rooms or bedrooms achieving more accommodation to generate a greater yield.
The accommodation currently compries: Ground Floor: Entrance Hall, Sitting Room, Kitchen/Dining Room, Utility Room. First Floor: Two Bedrooms with En-suite, a further Bedroom, separate Shower Room. Second Floor: Two Further Bedrooms with Wash Hand Basins
Location
The Abingdon Road is the main arterial road from the south leading to Oxford City Centre and the property is only a short distance from Hinksey Park where there are lakeside walks, tennis courts, a seasonal heated swimming pool, Children’s play areas and the popular South Oxford Adventure playground. The location is ideal for students or for visitors to Oxford given its proximity to the city centre. A regular bus service passes the front door or it is a level walk or cycle. The local area has an extensive choice of local public houses, restaurants and the Voco Oxford Spires Hotel are all within close proximity, along with plenty of other amenities, including a Tesco local in addition to other shops and the River Thames.
The main rail station and the bus station are also situated less than 2 miles away and provide regular services to London, Birmingham and the airports and in less than a mile to the south, the road network connects to the Oxford Ring road.
Additional information.
Tenure: Freehold
All mains services are connected.
Gas fired central heating
EPC rating D
Council tax band D
HMO licence for 6 persons.
Mobile phone coverage and speeds can be checked here: checker.ofcom.org.uk, however, all providers are predicted to have good levels of service inside and outside at this property.
Broadband speeds can be checked here: checker.ofcom.org.uk. The maximum download rate is predicted to be 1000mbps with a 100mbps upload speed, subject to availability.
Flood Zone 3
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Property reference OXF240039. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Carter Jonas - Oxford, Mayfield House.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 22, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on December 22, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on March 19, 2020 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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