For Sale4 Bedroom Property in St. Clements Street, Oxford Ox4£795,000
Property Type
Property
Bedrooms
× 4
Tenure
Freehold
Asking Price
£795,000
Key Features
- Property attributes: Terraced
- Era: Period
- Parking available: Off Street Parking
- Additional attributes: Secondary Accomodation
- Locality: Town/City
- Tenure: Freehold
- Energy efficiency rating: E
- Carter Jonas reference: OXF240103
Resources
Description
A unique mixed investment opportunity situated close to the City Centre and close to many amenities, including Oxford Colleges and Oxford Brookes.
DESCRIPTION
The property is set within an attractive period terrace and consists of ground floor retail area with kitchen / storage area to the rear and further useful ancillary basement storage area. There is access to the rear of the ground floor into the kitchen / storage area via Alan Bullock Close.
To the first, second and third floors there is flat with kitchen, shower/WC and five bedrooms, one of which is being used as a living room. Currently let as student accommodation which is accessed from St Clements Street.
Renovated in 2014 and also refurbished in 2021 when work on the roof and walls was carried out.
Externally there is one parking space for the retail unit to the rear.
LOCATION
The property is located in a prominent position fronting onto St. Clements Street, near to The Plain roundabout, which is one of the main arterial routes into Oxford from the east.
Oxford centre is within ¾ mile to the west and the ring road lies approximately 2 miles to the east.
ADDITIONAL INFORMATION
• 2,813 sq ft / 260 sq m
• £47,600 pa current rent income
• Potential reversionary yield of 6.45%
EPC rating retail B
EPC rating residential E
Retail Rateable Value £8,200
Council Tax Band D (residential)
Mains electricity, water and drainage connected