Old Road, Oxford, OX3

Guide price £525,000 Freehold

5 2
A five room HMO opportunity in Headington currently let until August 2019, currently generating £26,100 per year. The property has a long letting history, making this a great long term investment. Tenancy 09/08/18 06/08/19

DESCRIPTION A five room HMO opportunity in Headington currently let until August 2018. The property is generating £24,600 per year from August 2017, The property has now got new tenants booked from August 2017 for another year making this a great long term investment. The property is ideally located for Brookes University, as well as the various nearby hospitals. Central Headington is approx. 0.7 miles where there is a range of restaurants, bars and shops.

LOCATION Old Road is located at the foot of Shotover Hill, and has a mixture of period and modern properties. It is ideally placed for the John Radcliffe Hospital along with the other hospitals, Brookes University, and the various Oxford University colleges. The amenities of Headington are on the doorstep including Waitrose, Starbucks and other independent coffee shops and deli's along with the frequent public transport links to the City Centre, London and the Airports.

DIRECTIONS From The Plain, proceed along St. Clements Street. Turn right at the traffic lights into Morrell Avenue and continue to the top. Continue over and onto Old Road. At the traffic lights continue over, where the property can be found on the left hand side opposite Titup Hall Drive.

VIEWING ARRANGEMENTS Strictly by appointment with Penny & Sinclair. Prior to making an appointment to view, Penny & Sinclair strongly recommend that you discuss any particular points which are likely to affect your interest in the property with a member of Penny & Sinclair's staff who has seen the property, in order that you do not make a wasted journey.

SERVICES All mains services are connected.

FIXTURES & FITTINGS If the new buyer takes the existing tenants over, the property will be sold with all items as per inventory.

TENURE & POSSESSION The property is freehold and can be purchased with tenants in-situ.

LOCAL AUTHORITY Oxford City Council
City Chambers
Queen Street
Telephone (01865) 249811

AGENTS NOTE Penny & Sinclair, their clients and any joint agent gives notice to anyone reading these particulars that:
i) the particulars do not constitute part of an offer or contract; ii) all descriptions, dimensions, references to the condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers should not rely on them as statement or representations of fact. Iii) the text, photographs and plans are guidelines only and are not necessarily comprehensive. Any reference to alterations to, or use of, any part of the property does not mean that all necessary planning, building regulations or other consents have been obtained and Penny & Sinclair have not tested any services, equipment or facilities. A buyer or lessee must satisfy themselves by inspection or otherwise. Iv) the descriptions provided therein represent the opinion of the author and whilst given in good faith should not be construed as statements of fact; v) nothing in the particulars shall be deemed a statement that the property is in good condition or otherwise, nor that any services or facilities are in good working order; vi) no person in the employment of Penny & Sinclair has any authority to make or give any representation or warranty whatsoever in relation to this property. Vii) all measurements are approximate. In accordance with the Estate Agents Act 1979, we hereby confirm that the vendor of this property is a director of Penny & Sinclair.

Please contact us on 01865 297555 if you wish to arrange a viewing appointment for this property, or require further information.

Energy Performance Certificate
Click here to view the Energy Efficiency Rating and Environmental Impact Rating for this property.

  • Investment opportunity
  • Five letting rooms
  • Two bathrooms
  • Kitchen
  • Close to Brookes University
  • Let until Aug 2018
Office Address: 1-4 The Plain, St Clements, Oxford, OX4 1AS Telephone : 01865 297525
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