Chancellors are pleased to present this five bedroom HMO property in a prime location for Oxford rentals. Call today to arrange your viewing.
Property Details
A rare opportunity to acquire a licensed 5-bedroom HMO in Oxford’s sought-after Article 4 area, just off Cowley Road and only 1.3 miles from Oxford city centre.
The property is currently fully let, generating an income of £3,275 per month, rising to £3,325 per month next year, representing a gross yield of over 6%. With consistently high demand in this prime rental location, it offers both reliable income and strong long-term prospects.
This extended house boasts high ceilings, a private driveway, and a substantial rear garden, with further potential to extend into the loft (subject to planning permission).
Importantly, the property sits within an Article 4 Direction area. This means new HMOs cannot be created here without planning consent, making existing licensed HMOs highly sought-after. Investors can therefore acquire a compliant, income-generating HMO with added security in one of Oxford’s strongest rental markets.
An attractive and rare investment opportunity not to be missed.
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.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Chancellors - East Oxford Sales. Placebuzz 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 Chancellors - East Oxford Sales for full details and further information.