Details

Marston Street, Oxford, OX4

Guide price £525,000

3 1
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Description
Investment opportunity or family home (subject to the usual consents) located in this highly regarded East Oxford side road. The property has an HMO license for four occupants, with a tenancy in place until August 2017.

DESCRIPTION Located in one of East Oxfords' favoured side streets is this period terraced property family home which currently has an HMO licence for four occupants. The property comprises of three first floor double bedrooms, two reception rooms (one currently used as a bedroom), kitchen and ground floor bathroom.
Outside there is a delightful south easterly facing rear garden, and a small walled garden to the front. This would make a very nice home for an owner occupier with scope to create a truly wonderful home in this fantastic location, subject to the usual consents,
The tenants are in situ until 29 Aug 2017. There is room to increase the gross yield to somewhere in the region of 4.5 - 4.75% with some minor improvements.

LOCATION Marston Street is located to the east of the city centre and within easy reach of Magdalen Bridge and the High Street. The location offers shops, bars, restaurants and the local cinema within a few minutes walk, as is the bus stop on St. Clements Street with a regular service to London and airports. South Park is a short walk away.

DIRECTIONS From The Plain, proceed along the Iffley Road. After a short distance, turn left into Marston Street. The property will be found on the right hand side.

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 main services are connected.

FIXTURES & FITTINGS Certain items may be available by separate negotiation with Penny & Sinclair.

LOCAL AUTHORITY & COUNCIL TAX Oxford City Council
City Chambers
Queen Street
Oxford
OX1 1EN
Telephone (01865) 249811
Council Tax Band 'D' - £1,735.47 (2016/17)

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.



Viewing
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.


Features
  • HMO licenced property
  • Possible family home
  • Four bedrooms currently
  • Reception room
  • Bathroom
  • Kitchen
  • Garden
  • Favoured side road
  • Close to amenities
  • Permit parking
Office Address: 1-4 The Plain, St Clements, Oxford, OX4 1AS Telephone : 01865 297525
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