This property has been taken off the market.

5 Bed Semi-Detached House For Sale Marston Road, Oxford, OX3

£550,000- Semi-Detached

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Last Updated: 22nd March 2024

Description

Well located HMO investment opportunity, this 1930's semi detached house has been extended substantially on the ground floor creating a flexible layout with three ground floor bedrooms, served by a shower room. On the first floor are two further bedrooms, a bathroom and a study. The kitchen has been modernised with smart contemporary units and is open plan with the sitting/dining room.

The property is approached via a gravel driveway providing an area of off road parking, further on street parking is located nearby with residents permits. To the rear is a low maintenance 50ft garden which is mainly laid to lawn with a shed located at the far end, there is also gated pedestrian access to one side.

The property is let on an Assured Shorthold Tenancy until September 2024 at £2,600 and for the academic year 2024-2025 at £2,750 pcm which will equate to a gross yield of 6%.

The house is close to the Marston cycle/walking path that leads to the city centre via South Parks Road. There is a local convenience shop and a vibrant pub/café close by, as is the sought-after St Michael's Church of England Primary & Pre-school. There are regular bus routes along Marston Road, and there are frequent public transport links to London and the airports from nearby St Clements. The Headington hospitals are within easy reach, as is Brookes University and the Oxford Ring Road. The property has excellent proximity to the green spaces of the University Parks, South Park and Headington Hill Park.
Agent Details
Scottfraser
77, London Road, Oxford, OX3 9AA
Show Contact Number
01865 759 500

Investment Analysis

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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.
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Potential Return-on-Cash Invested