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£595,000

(£494/sq. ft)

5 bed terraced house for sale
Cowley Road, Oxford OX4

    • 5 beds

    • 1,206 sq. ft

  • EPC Rating: D

Alistair Redhouse Estate Agents Ltd

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About this property

  • Versatile Property with Potential for HMO Investment / Family Home Conversion

  • Private Rear Garden

  • Garage

  • Additional Extra Versatile Space (Currently Used as a Gym)

  • Strong Rental Yield

  • Monthly Income of £3,200

  • 6% Yield and Over 16% ROI

  • Excellent Location near Oxford Universities & Amenities

  • Well Connected with Efficient Public Transport Links to Oxford City Center & Beyond

Tenure: Leasehold

Situated in the vibrant Cowley area of Oxford, this versatile property presents a prime investment opportunity.

Currently configured as a House in Multiple Occupation (HMO), it brings a monthly income of £3,200, reflecting a 6% yield and over 16% return on investment.

The house spans two levels, offering flexible accommodation options. The ground floor comprises two bedrooms, which could be transformed into a comfortable sitting room and living room for those considering reverting the property to a family home. Additionally, there is a shower room and an open-plan kitchen/dining area that opens onto a private rear garden.

The first floor accommodates a family bathroom, two double bedrooms and a smaller third bedroom.

Externally, the property benefits from a garage and a versatile space currently utilised as a gym, providing further potential for various uses.

The property's location is exceptional, being in close proximity to Oxford's esteemed universities, making it particularly appealing to the student rental market. Cowley Road is renowned for its multicultural and lively atmosphere and offers an array of independent shops, eateries and vibrant nightlife, contributing to its popularity among students and young professionals. For outdoor enthusiasts, nearby green spaces like South Park provide expansive areas for leisure and recreation.

The area is well-connected, with efficient public transport links facilitating easy access to Oxford's city centre and surrounding areas.

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. Alternatively, its adaptable layout provides the option to create a comfortable family home in a dynamic and well-serviced neighbourhood.

EPC Rating: D

Location

Cowley Road is renowned for its multicultural and lively atmosphere. This bustling street offers an array of independent shops, international eateries and vibrant nightlife, contributing to its popularity among students and young professionals. Notable venues such as the O2 Academy Oxford and The Bullingdon host live music and events, enhancing the area's cultural scene. For outdoor enthusiasts, nearby green spaces like South Park provide expansive areas for leisure and recreation.

The area is well-connected, with efficient public transport links facilitating easy access to Oxford's city centre and surrounding areas. 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. Alternatively, its adaptable layout provides the option to create a comfortable family residence in a dynamic and well-serviced neighbourhood.

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More information

  • Tenure

  • Council tax band

    D

  • Ground rent

    £0

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Property descriptions and related information displayed on this page are marketing materials provided by - Alistair Redhouse Estate Agents Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Alistair Redhouse Estate Agents Ltd for full details and further information.