4 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- Freehold investment opportunity in thriving City Centre location
- Ground floor retail unit with four bedroom flat over.
- Retail unit currently let to Rachels Cafe, an independent family run Malaysian inspired cafe.
- Flat currently let on an AST to August 2025 (with an HMO licence.)
- Potential reversionay yield in the region of 6.45%
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
Property information from this agent
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