Property description
An attractive six bedroom city townhouse providing a superb investment opportunity. This red brick Victorian mid terraced house has for many years been used as a HMO and offers extensive accommodation arranged over three floors with the addition of a useful basement store and boarded loft. The property retains many original period features but has been thoughtfully modernised with high quality double glazed sash style windows, a contemporary kitchen and family bathroom. Approached via a low maintenance front garden with bin and bike storage, the property further benefits from a large 54ft garden to the rear with a paved terrace. Let for the academic year 2024-2025 this property is available with tenants in situ, currently generating 4,200 pcm which is due to increase from September 2025 to 4,650 which will equate to a gross yield of 6.5%. The property is located less than a mile east of the city centre, within easy reach of Magdalen Bridge and the High Street. There are a wide variety of shops, bars, restaurants and a local cinema within a few minutes walk, as is the bus stop on St Clements Street with a regular service to London and airports. South Park, Headington Hill and the University Parks are again a few minutes walk.
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