£650,000

5 bedroom semi-detached house for sale

Oxford, OX4
semi-detached house semi-detached house
bedrooms 5 bedrooms
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Property description

Property DescriptionChancellors are pleased to present this five bedroom HMO property in a prime location for Oxford rentals. Call today to arrange your viewing.Property DetailsA rare opportunity to acquire a licensed 5-bedroom HMO in Oxfords 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 Oxfords strongest rental markets.An attractive and rare investment opportunity not to be missed.Council tax band DIf you'd like to talk to us about this property, quote reference 5962853 when calling.
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Oxford, OX4

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Chancellors 215 Cowley Road,Oxford,OX4 1XF
Call agent on 0186 5819921
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