5 bedroom semi-detached house for sale

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5 bedroom semi-detached house for sale

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

Chancellors presents a rare opportunity to acquire a licensed 5-bedroom HMO property in Oxford's sought-after Article 4 area, just off Cowley Road and 1.3 miles from the city centre. The property is currently fully let, generating a monthly income of £3,275, rising to £3,325 next year, representing a gross yield of over 6%. With consistently high demand in this prime rental location, it offers both reliable income and strong long-term prospects. The 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). As it sits within an Article 4 Direction area, new HMOs cannot be created without planning consent, making this existing licensed HMO highly sought-after and providing added security for investors. This attractive and rare investment opportunity is not to be missed.