7 bed terraced house for sale

Rectory Road, East Oxford OX4

Superb investment opportunity - An extended Victorian mid terrace house situated in sought after Rectory Road and producing c. £63,000 pa and offering a return of close to 8% pa.
Tenants in situ until July 2026.

Description

Superb investment opportunity - An extended Victorian mid terrace house situated in sought after Rectory Road and producing c. £63,000 pa and offering a return of close to 8% pa. Tenants in situ until July 2026. The property has an HMO license for seven occupants. The property is arranged over four floors and briefly comprises, entrance hall, two ground floor bedrooms, shower room, large kitchen/reception room, courtyard garden and studio, basement room with an ensuite shower room, three first floor bedrooms, bathroom and a further bedroom with ensuite shower room on the top floor.

Location

Rectory Road is located to the east of the city centre and within easy reach of Magdalen Bridge and the High Street. The location offers shops, bars, restaurants and the local cinema within a few minutes walk, as is the bus stop on St Clements Street with a regular service to London/airports and the city centre. South Park, Headington Hill and the University Parks are again a few minutes walk.

Viewing Arrangements

Strictly by appointment with Penny & Sinclair.

Services

All mains services are connected.

Local Authority & Council Street

Oxford City Council
Town Hall
St Aldates
Oxford
OX1 1BX
Telephone Council Tax Band E £2981.22 for 2024/25

Tenure & Possession

The property is Freehold and and is being sold with tenants in situ.

Agents Note

Penny & Sinclair, their clients and any joint agent gives notice to anyone reading these particulars that:
I) the particulars do not constitute part of an offer or contract; ii) all descriptions, dimensions, references to the condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers should not rely on them as statement or representations of fact. Iii) the text, photographs and plans are guidelines only and are not necessarily comprehensive. Any reference to alterations to, or use of, any part of the property does not mean that all necessary planning, building regulations or other consents have been obtained and Penny & Sinclair have not tested any services, equipment or facilities. A buyer or lessee must satisfy themselves by inspection or otherwise. Iv) the descriptions provided therein represent the opinion of the author and whilst given in good faith should not be construed as statements (truncated)