House For Sale £1,200,000
Imposing four storey period semi detached house in a popular City conservation area. The property is currently arranged as six studio apartments and a one bedroom apartment which produce a gross annual rental income of £86,160 and a projected rental yield of 7.5% by November 2024.
The property has been well maintained and in recent years the majority of the apartments have been upgraded with new contemporary kitchens and bath/shower rooms. In brief, the accommodation comprises:-
Lower Ground Floor - two studio apartments with their own shower rooms.
Upper Ground Floor - two studio apartments with a shared bathroom.
First Floor - two studio apartments with their own shower rooms.
Second Floor - one bedroom apartment with private bathroom.
The property is approached via a concrete hardstanding which provides off road parking for up to three vehicles. Gated access to the delightful south east facing walled gardens is located to the side.
Stanley Road is a sought after side road located to the east of the city centre (approx. 1.25 miles) with Oxford railway station less than 2 miles away providing frequent trains to London Paddington or Marylebone and Oxford Tube/Airline coach services available at St. Clements. Local amenities nearby include a Co-Op with Post Office, Hamblin bakery, The Rusty Bicycle pub and Magdalen Arms gastropub.
The property has been well maintained and in recent years the majority of the apartments have been upgraded with new contemporary kitchens and bath/shower rooms. In brief, the accommodation comprises:-
Lower Ground Floor - two studio apartments with their own shower rooms.
Upper Ground Floor - two studio apartments with a shared bathroom.
First Floor - two studio apartments with their own shower rooms.
Second Floor - one bedroom apartment with private bathroom.
The property is approached via a concrete hardstanding which provides off road parking for up to three vehicles. Gated access to the delightful south east facing walled gardens is located to the side.
Stanley Road is a sought after side road located to the east of the city centre (approx. 1.25 miles) with Oxford railway station less than 2 miles away providing frequent trains to London Paddington or Marylebone and Oxford Tube/Airline coach services available at St. Clements. Local amenities nearby include a Co-Op with Post Office, Hamblin bakery, The Rusty Bicycle pub and Magdalen Arms gastropub.
