5 Bed Terraced House For Sale Abingdon Road, Oxford, OX1

£750,000- Terraced

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Last Updated: 18th April 2024

Description

Description

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
Agent Details
Carter Jonas
Mayfield House, 256 Banbury Road, Oxford, OX2 7DE

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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