Extended four bedroom terraced house let as a profitable HMO to four sharers. Available only as an ongoing investment opportunity. The flexible accommodation is arranged over two floors and includes a bay fronted open plan living room/kitchen with a wide range of fitted units, integrated appliances and a large island. Ground floor bedroom with en suite bathroom, conservatory, three first floor bedrooms and a further bathroom. The property is let on an assured shorthold tenancy with a valid HMO licence, currently generating a monthly income of 3,025 equating to a 6.6% yield. Littlehay Road is a side road situated to the east of the city centre providing convenient access to local amenities, including Florence Park which has tennis courts, childrens playground and a cafe. Public transport connections are excellent with regular buses to the city and Cowley centre and access to the ring road, A34 and A40 is also nearby. Oxford railway station offers a fast service to London Paddington in approximately 55 minutes.
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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