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5 bedroom terraced house for sale
Cowley Road, Oxford, OX4
£595,000
Cowley Road, Oxford, OX4
£595,000
Our Summary
- Situated in the vibrant Cowley area of Oxford, this versatile property presents a prime investment opportunity
- Externally, the property benefits from a garage and a versatile space currently utilised as a gym, providing further potential for various uses
- This property not only offers immediate rental income but also holds significant potential for capital appreciation, making it an attractive proposition for investors looking to expand or commence their property portfolio
- Versatile Property with Potential for HMO Investment / Family Home Conversion
Description
This versatile property in the vibrant Cowley area of Oxford presents a prime investment opportunity, currently configured as a House in Multiple Occupation (HMO) with a monthly income of £3,200, reflecting a 6% yield and over 16% return on investment. The property spans two levels, offering flexible accommodation options, including two bedrooms on the ground floor that could be transformed into a comfortable sitting room and living room. The first floor accommodates a family bathroom, two double bedrooms, and a smaller third bedroom. The property benefits from a garage, a versatile space currently used as a gym, and a private rear garden. Its exceptional location, close to Oxford's esteemed universities, makes it particularly appealing to the student rental market, and its proximity to public transport links facilitates easy access to the city centre and surrounding areas. The property not only offers immediate rental income but also holds significant potential for capital appreciation, making it an attractive proposition for investors looking to expand or commence their property portfolio.