5 Bed Terraced House For Sale

INVESTMENT OPPORTUNITY.

A five double bedroom/five bathroom mid-terraced house with a valid HMO license for five sharers, currently producing an annual income of over £32,500. One room is currently vacant but would expect to rent for £725pcm, bringing the total potential annual income to £41,220.

Constructed in 2012 by Ede Homes, the property offers off-road parking and there is no onward chain. Each room has access to a private bathroom, all with walk-in shower. There is a kitchen, separate sitting room and a private, enclosed, east-facing garden.

Four of the rooms are currently tenanted until 2024 providing a total rent of £2,710pcm. If all five rooms were tenanted, the projected total rent would be £3,435pcm, offering a gross yield return of 6.1%.

Brock Grove is located off the Botley Road allowing easy access to the Oxford Rail Station, The Said Business School, Oxford City Centre and both the A34 and A420. There are plenty of shops and amenities within walking distance, including Waitrose supermarket.