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5 bedroom semi-detached house for sale
East Oxford, Oxford, OX4
£650,000
East Oxford, Oxford, OX4
£650,000
Our Summary
- This extended house boasts high ceilings, a private driveway, and a substantial rear garden, with further potential to extend into the loft (subject to planning permission)
- An attractive and rare investment opportunity not to be missed
Description
This five-bedroom HMO property in Oxford is a rare opportunity for investors, located in a prime area just off Cowley Road and 1.3 miles from the city centre. The property is currently fully let, generating £3,275 per month, with a gross yield of over 6%. The property boasts high ceilings, a private driveway, and a substantial rear garden, with potential to extend into the loft (subject to planning permission). As it sits within an Article 4 Direction area, new HMOs cannot be created without planning consent, making existing licensed HMOs highly sought-after and providing added security for investors. This attractive and rare investment opportunity offers both reliable income and strong long-term prospects.