House For Sale £315,000
Investment opportunity – a well-proportioned mid terrace residence situated within easy reach of the Cowley Shopping Centre and bus links to the City and Headington Hospitals.
The property is presently licensed as an HMO for 5 occupants and is let at £2180 per calendar month including bills and as such offers an impressive gross yield (subject to occupancy).
The existing accommodation requires some updating and comprises 5 letting rooms, 2 bath/shower rooms, separate WC, communal living/dining room and fitted kitchen opening to the outside.
In addition the property is gas centrally heated and benefits from gardens to the front and rear.
Potential for extension (STPP).
Barns Road is situated close to Cowley Centre which is subject to a proposed major re-development and associated benefits. The Cowley/Oxford Roads are also accessible providing good transport links to the city centre and a range of restaurants, bars and further shops. The Ring Road and the Oxford Business Park are easily accessible and the mini Plant Oxford is within an approx. 1 mile radius.
The property is presently licensed as an HMO for 5 occupants and is let at £2180 per calendar month including bills and as such offers an impressive gross yield (subject to occupancy).
The existing accommodation requires some updating and comprises 5 letting rooms, 2 bath/shower rooms, separate WC, communal living/dining room and fitted kitchen opening to the outside.
In addition the property is gas centrally heated and benefits from gardens to the front and rear.
Potential for extension (STPP).
Barns Road is situated close to Cowley Centre which is subject to a proposed major re-development and associated benefits. The Cowley/Oxford Roads are also accessible providing good transport links to the city centre and a range of restaurants, bars and further shops. The Ring Road and the Oxford Business Park are easily accessible and the mini Plant Oxford is within an approx. 1 mile radius.
