5 bedroom end of terrace house for sale
Key information
Property description & features
- Tenure: Freehold
- Investment opportunity comprising three self contained flats.
- Current income of £49,200 with scope to improve.
- Two one bedroom flats and a three bedroom flat each with own entrance.
- Three off street parking spaces.
- Convenient for many University Colleges and the city centre.
A Victorian house which has been converted into three flats, each with their own entrance. The ground floor has two, one-bedroom flats, one of which benefits from its own small area of garden. A three bedroom flat occupies the first and second floors. Unusually for properties in this location, there are three off street car park spaces to the rear.
Current rents are as follows:
95 Iffley Road - £1300
95B Iffley Road - £1300
95A Iffley Road -£1500
Total annual income = £49,200 giving a gross yield of 5.45%
There is scope to increase the rents further and to consider letting the car park spaces separately to the flats which should then generate a gross yield in excess of 6%.
LOCATION
Located just along from the famous track where Sir Roger Bannister broke the 4 minute mile and just a stone’s throw from the beautiful and historic city of Oxford; Iffley Road is a highly sought-after area to live and provides easy access to university departments, hospitals and Oxford City. Residents can enjoy the eclectic mix of restaurants, bars and shops on Cowley Road and access to cycle paths and public transport.
ADDITIONAL INFORMATION
EPC ratings: C (all flats)
Tenure: Freehold with the flats subject to assured shorthold tenancies
Local Authority: Oxford City Council
Located in the St Clements and Iffley Road conservation Area.
Council Tax Bands: 95-B, 95A- D, 95B -B
Mobile phone coverage and speeds can be checked here: checker.ofcom.org.uk, however, all providers are predicted to have good levels of service outside at the property with limited indoor on some networks
Broadband speeds can be checked here: checker.ofcom.org.uk, but indications are that ultrafast speeds are available in this location
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on March 9, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on March 20, 2022 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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