11 Bed House For Sale Abingdon Road, Oxford, OX1

£2,000,000

1 of 15
  • Description
  • Street View
  • Maps
Last Updated: 6th March 2024

Description

Description
A residential/commercial investment opportunity situated approximately a mile from the city centre which is made up of a car showroom with ancillary rear yard and workshop, as well as four residential properties consisting of two first-floor flats and two three-bedroom houses.

Additionally there is plenty of parking for both the commercial and residential elements.


Location

The property is located on Abingdon Road, the main southern route into the city of Oxford. It is
approximately a mile from city centre and is supported by a major bus route, on which the Redbridge Park and Ride has regular services.
The property falls into the Oxford 012B Neighbourhood and is within Hinksey Park ward and Oxford local authority district.

The Abingdon Road runs to the southern bypass and thereafter the A34. The Property is approximately 1.7 miles from the Oxford Train Station, which provides regular service to London, Birmingham and the South West.


The accommdation is arranged as follows:

294 Abingdon Road - A three bedroom end terraced house
296 Abingdon Road - A three bedroom mid terraced house
298 Abingdon Road - A two bedroom first floor flat located over the car showroom
300 Abingdon Road - A car showroom fronting Abingdon Road and Northampton Road with workshop and rear yard
300A Abingdon Road - A two bedroom first floor flat located over the car showroom.

Additionally there is plenty of parking for both the commercial and residential elements.

Additional information.

The residential properties are let on Assured Shorthold Tenancies.

The lease has expired on the retail showroom and workshop and the current tenant is holding over at a reduced rent.

The propeties are held under 4 separate titles.

EPC's

300 Abingdon Road, Oxford, OX1 4TE 2nd March 2025 E - 118
300a Abingdon Road, Oxford, OX1 4TE (Top-floor flat) 11th April 2028 D - 67
298 Abingdon Road, Oxford, OX1 4TE (Top-floor flat) 8th April 2028 D - 64
296, Abingdon Road, Oxford, OX1 4TE 9th May 2023 E - 52
294 Abingdon Road, Oxford, OX1 4TE 8th April 2028 D - 63

Business rates - Rateable Value

300 Abingdon Road - £43,000 per annum

Council tax bands - residential properties

294 ABINGDON ROAD - D
296 ABINGDON ROAD - C
298 ABINGDON ROAD - B
300A ABINGDON ROAD - C

Flood Zone 3
Agent Details
Carter Jonas
Mayfield House, 256 Banbury Road, Oxford, OX2 7DE

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 11 bedroom property. See more properties like this.

See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested