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9 bedroom detached house for sale
Barracks Lane, East Oxford
£1,750,000
Barracks Lane, East Oxford
£1,750,000
Our Summary
- INVESTMENT OPPORTUNITY Modern purpose built detached freehold building comprising five one, two and three bedroom apartments all currently let on assured shorthold tenancies and producing an income of £64,740 per annum
- There is further potential for a new dwelling in what is currently a carport/store area and the current owner is in the process of obtaining consent for an additional one bedroom dwelling to the rear of the property
Description
This is an investment opportunity to purchase a modern, purpose-built detached freehold building in Oxford, comprising five one, two, and three-bedroom apartments, all currently let on assured shorthold tenancies, generating an annual income of £64,740. The property benefits from double glazing, gas central heating, and individually metered utilities, with each apartment having its own character and charm. The building also features a communal garden and off-road parking for each apartment. There is potential for further development, with consent granted for an additional one-bedroom dwelling to the rear of the property, and a carport/store area that could be converted into a new dwelling. The property is located on Barracks Lane, just off Cowley Road, with access to local amenities, including restaurants, pubs, and a theatre, as well as good transportation links to the city centre and surrounding areas.