House For Sale £675,000
Description investment opportunity - An end of terrace house situated in this most convenient location and a stones throw from Brookes University. The property is arranged over two floors and extends to c.1231 sq ft and has an HMO license for seven occupants in seven rooms. The current rental income is £3200 pcm and the tenants are responsible for all utility bills and council tax. The property is currently configured so that there is a self-contained one bedroom flat on the ground floor accessed from the rear. This is included in the current rental income but could be let separately in the future. There is a c. 50' garden to the rear and off street parking to the front.
Location Grays Road is located to the east of the city centre. This is a largely residential area with Brookes University on the doorstep. The Churchill, John Radcliffe, Nuffield and Manor hospitals are within easy striking distance. There are frequent public transport links to the city centre and Headington nearby, in addition to the excellent links to London and the airports. The property is equidistant Headington and St Clements where there are a range of shops, bars and restaurants as well as doctors surgeries, and dental practice.
Directions From our office on The Plain, proceed along St. Clements Street and proceed up Headington Hill until the traffic lights at Gypsy Lane. Turn right at the lights and immediately left in to Grays Road. The property will be found on the left hand side.
Viewing arrangements Strictly by appointment with Penny & Sinclair. Prior to making an appointment to view, Penny & Sinclair strongly recommend that you discuss any particular points which are likely to affect your interest in the property with a member of Penny & Sinclair's staff who has seen the property, in order that you do not make a wasted journey.
Services All mains services are connected.
Tenure & possession The property is Freehold and is being sold with tenants in situ.
Local authority & council tax Oxford City Council
City Chambers
Queen Street
Oxford
OX1 1EN
Telephone Council tax band 'D' amounting to £1985.46 for 53 Grays Road and band 'B' amounting to £1544.24 for 53a Grays Road for 2019/20.
Agents note Penny & Sinclair, their clients and any joint agent gives notice to anyone reading these particulars that:
I) the particulars do not constitute part of an offer or contract; ii) all descriptions, dimensions, references to the condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers should not rely on them as statement or representations of fact. Iii) the text, photographs and plans are guidelines only and are not necessarily comprehensive. Any reference to alterations to, or use of, any part of the property does not mean that all necessary planning, building regulations or other consents have been obtained and Penny & Sinclair have not tested any services, equipment or facilities. A buyer or lessee must satisfy themselves by inspection or otherwise. Iv) the descriptions provided therein represent the opinion of the author and whilst given in good faith should not be construed as statements of fact; v) nothing in the particulars shall be deemed a statement that the property is in good condition or otherwise, nor that any services or facilities are in good working order; vi) no person in the employment of Penny & Sinclair has any authority to make or give any representation or warranty whatsoever in relation to this property. Vii) all measurements are approximate.
Location Grays Road is located to the east of the city centre. This is a largely residential area with Brookes University on the doorstep. The Churchill, John Radcliffe, Nuffield and Manor hospitals are within easy striking distance. There are frequent public transport links to the city centre and Headington nearby, in addition to the excellent links to London and the airports. The property is equidistant Headington and St Clements where there are a range of shops, bars and restaurants as well as doctors surgeries, and dental practice.
Directions From our office on The Plain, proceed along St. Clements Street and proceed up Headington Hill until the traffic lights at Gypsy Lane. Turn right at the lights and immediately left in to Grays Road. The property will be found on the left hand side.
Viewing arrangements Strictly by appointment with Penny & Sinclair. Prior to making an appointment to view, Penny & Sinclair strongly recommend that you discuss any particular points which are likely to affect your interest in the property with a member of Penny & Sinclair's staff who has seen the property, in order that you do not make a wasted journey.
Services All mains services are connected.
Tenure & possession The property is Freehold and is being sold with tenants in situ.
Local authority & council tax Oxford City Council
City Chambers
Queen Street
Oxford
OX1 1EN
Telephone Council tax band 'D' amounting to £1985.46 for 53 Grays Road and band 'B' amounting to £1544.24 for 53a Grays Road for 2019/20.
Agents note Penny & Sinclair, their clients and any joint agent gives notice to anyone reading these particulars that:
I) the particulars do not constitute part of an offer or contract; ii) all descriptions, dimensions, references to the condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers should not rely on them as statement or representations of fact. Iii) the text, photographs and plans are guidelines only and are not necessarily comprehensive. Any reference to alterations to, or use of, any part of the property does not mean that all necessary planning, building regulations or other consents have been obtained and Penny & Sinclair have not tested any services, equipment or facilities. A buyer or lessee must satisfy themselves by inspection or otherwise. Iv) the descriptions provided therein represent the opinion of the author and whilst given in good faith should not be construed as statements of fact; v) nothing in the particulars shall be deemed a statement that the property is in good condition or otherwise, nor that any services or facilities are in good working order; vi) no person in the employment of Penny & Sinclair has any authority to make or give any representation or warranty whatsoever in relation to this property. Vii) all measurements are approximate.
