For Sale5 Bedroom Character Property in Iffley Road, Oxford, OX4£1,300,000
Property Type
Character Property
Bedrooms
× 5
Bathrooms
× 5
Receptions
× 5
Tenure
Freehold
Price
£1,300,000
Key Features
- Entrance Hall
- 4 x One bedroom flats
- Studio flat
- Garden
Description
Classic Victorian semi-detached villa with rear garden, converted into 5 flats.
This stunning Victorian semi-detached villa with rear garden has been converted into 5 flats, presenting an ideal opportunity for any property investor. Currently, all five flats are tenanted and bringing in an income of £79,140, giving an overall Gross yield of 6%. All flats are access via a communal entrance hall with stairs to the further two floors. There are four 1 bedroom flats and one studio flat.
Outside
There is off-road parking at the front for 3-4 vehicles and an enclosed rear garden mainly laid to lawn and shared by the five flats.
Situation
Iffley Road is a fantastic location, just on the outskirts of Oxford City Centre, and only a few hundred yards from the world famous Iffley Road track, where Roger Bannister first broke the four minute mile barrier. It is a leafy road filled with substantial properties, including large family homes as well as other hotel and hospitality businesses, and housing for academics and students who attend the highly esteemed university. There is a strong sense of community. Cafes, bakeries, restaurants, and pubs are all within the local area, and a recently opened yoga studio is nearby.
Additional Information
Local Authority: Oxford City Council
Council Tax Band ranges from B to C
EPC's for each flat vary
Non-domestic EPC for 22sq. m of communal spaces included
The new Landlord would be required to sign our Lettings terms of engagement on completion of the sale. Additional information
- Entrance Hall
- 4 x One bedroom flats
- Studio flat
- Garden
- Driveway Key information
Council Tax Band: C
Tenure: Freehold