House For Sale £550,000
Investment opportunity – an extended end terrace residence with an HMO license for 6 occupants and offering a gross yield in the region of 6%.
The property is being sold as a going concern with tenants in situ via a corporate let at a guaranteed rent of £2750 per calendar month until August 2023.
Existing accommodation over 3 floors (approx. 1240 sq ft) and depending upon configuration provides a communal living room, bathroom, kitchen and 6 letting rooms, one with its own WC and the largest top floor bedroom benefitting from en-suite facilities.
Outside there is a front garden with bicycle stands and an enclosed rear garden.
Located on popular Magdalen Road, midway between the Iffley and Cowley Roads, with many local amenities including independent shops, the Pegasus Theatre, The Rusty Bicycle pub and the well regarded Magdalen Arms gastropub. Within walking distance of excellent public transport links to the city centre and railway station.
Council Tax Band: D
The property is being sold as a going concern with tenants in situ via a corporate let at a guaranteed rent of £2750 per calendar month until August 2023.
Existing accommodation over 3 floors (approx. 1240 sq ft) and depending upon configuration provides a communal living room, bathroom, kitchen and 6 letting rooms, one with its own WC and the largest top floor bedroom benefitting from en-suite facilities.
Outside there is a front garden with bicycle stands and an enclosed rear garden.
Located on popular Magdalen Road, midway between the Iffley and Cowley Roads, with many local amenities including independent shops, the Pegasus Theatre, The Rusty Bicycle pub and the well regarded Magdalen Arms gastropub. Within walking distance of excellent public transport links to the city centre and railway station.
Council Tax Band: D
