House For Sale £700,000
Lucrative investment property with potential for redevelopment into multiple independent units subject to the necessary consents. Currently let as a HMO with a licence in place for six occupants the property generates an impressive gross yield of 6% at present.
The accommodation which is arranged over three floors extends to over 1,700 sq ft and includes a sitting/dining room, kitchen and WC in the basement, three double bedrooms and a shower room on the ground floor and three further double bedrooms and a shower room at first floor level.
There is enormous potential for further redevelopment including the possibility of creating three or even four separate apartments by splitting the property laterally and converting the large loft space (subject to the necessary consents).
Bullingdon Road is a residential side road found a short walk from the bustling Cowley Road, a highly sociable and cultural location with many popular bars and restaurants. Also within easy reach are the Magdalen Arms and Rusty Bicycle gastropubs. The green open space of South Park, London bus connections and the city centre are all within walking distance.
The accommodation which is arranged over three floors extends to over 1,700 sq ft and includes a sitting/dining room, kitchen and WC in the basement, three double bedrooms and a shower room on the ground floor and three further double bedrooms and a shower room at first floor level.
There is enormous potential for further redevelopment including the possibility of creating three or even four separate apartments by splitting the property laterally and converting the large loft space (subject to the necessary consents).
Bullingdon Road is a residential side road found a short walk from the bustling Cowley Road, a highly sociable and cultural location with many popular bars and restaurants. Also within easy reach are the Magdalen Arms and Rusty Bicycle gastropubs. The green open space of South Park, London bus connections and the city centre are all within walking distance.
