104 Cardigan Street is a well-positioned five-bedroom terraced HMO located opposite the Radcliffe Observatory Quarter at the heart of Jerichos post-graduate student community. The property has been recently renovated and comes to the market in a highly finished condition and now available fully tenanted. The entrance hallway on the ground floor leads past a double bedroom, towards a well-finished kitchen / breakfast room at the rear which allows for access to the courtyard garden. Below, on the lower ground floor a reception room receives natural light through a south facing window. A toilet is also located on this floor. The first floor features a single bedroom and a double with southern aspect alongside a recently refitted bathroom complete with a modern shower. Two more double bedrooms are located on the floor above. All bedrooms are complete with essential furniture and are in a condition ready for tenants.A fantastic opportunity to purchase a ready to let HMO currently generating a rental income of 3,500 pcm. (4.7% yield) in an area popular with post-graduate students and young professionals alike.Cardigan Street is in a prime Jericho location conveniently located for access to numerous amenities alongside University Buildings. The road branches off of Walton Street which hosts an array of sought-after restaurants, cafs, bars and shops alongside a cinema synonymous with the community. These amenities are supplemented by the wealth of choice available in the City Centre which is only a short walk away. Here youll also find bus and train stations which provide regular service to London. The newly developed Radcliffe Observatory Quarter is opposite Cardigan Street, which many other key University buildings within walking distance.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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