5 Bed End Terrace House For Sale Abingdon Road, Oxford, OX1

£1,150,000- End Terrace

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Last Updated: 18th April 2024

Description

Description

A well located investment opportunity situated approximately a mile from the city centre. This three storey period building has an immense amount of character and has been divided into three apartments, all held on one freehold title. Each of the apartments is a good size with well proportioned rooms exhibiting character and based on the current letting arrangements achieves a healthy rental yield of 6.4%. The apartments lend themselves to short stay lets with AirBnB or similar or to be let on longer term AST's.

In brief, the accommodation comprises:

Ground Floor Flat: Side Entrance, Kitchen, dining /reception area, 2 bedrooms, bathroom

Middle Floor Flat: Front entrance, Hallway, Kitchen, reception room, 2 bedrooms, bathroom.

Top Floor Flat: Entrance hall, Kitchen, reception room, bedroom, shower room

Additionally, there is a good sized garden to the rear and a double garage and off street parking.

Location
The Abingdon Road is the main arterial road from the south leading to Oxford city centre and the property is only a short distance from Hinksey Park where there are lakeside walks, tennis courts, seasonal heated swimming pool, Children’s play areas and the popular South Oxford Adventure playground. The location is ideal for students or for visitors to Oxford given its proximity to the city centre. A regular bus service passes the front door or it is a level walk or cycle. The local area has an extensive choice of public houses, restaurants and the Voco Oxford Spires Hotel all within close proximity, along with plenty of other amenities, including a Tesco local in addition to other shops and the River Thames.

The main rail station and the bus station are also situated less than 2 miles away and provide regular services to London, Birmingham and the airports and in less than a mile to the south, the road network connects to the Oxford ring road.

Additional information.

Tenure: Freehold

Two flats are currently let on AST's and one flat is used for short stay rentals.
All mains services are connected.
Council tax band: Each flat is separately rated B
Heating is either storage heaters on mains gas depending on the flat.

Mobile phone coverage and speeds can be checked here: checker.ofcom.org.uk, however, all providers are predicted to have good levels of service inside and outside at this property.

Broadband speeds can be checked here: checker.ofcom.org.uk. The maximum download rate is predicted to be 1000mbps with a 100mbps upload speed, subject to availability.

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

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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