£350,000
4 bed terraced house for saleDanes Road, Bicester, Oxfordshire OX26
4 beds
1 bath
2 receptions
EPC Rating: D
Just added
Freehold
About this property
Investment yield 9.6% or a perfect family home. A very well presented three/four bedroom extended terraced home with brand new fitted shower suite, the property could be a wonderful family home and is located in a highly regarded location.
The property has a nicely presented front and rear garden with raised decking area to the rear.
We are advised on the current rental figures for 114 Danes Road, please be aware this has been supplied to us by our client, we don't rent this property via Taylors Bicester. Rooms Current Rent :
The client achieves the following rents.
R1 £570.00 / mth
R2 £750.00 / mth
R3 £730.00 / mth
R4 £750.00 / mth
Monthly £2,800
Annually £33,600
9.6% yield
The rents are considered to be lower than the average for the area, and a new buyer could increase these to align with current market rents.
Example - (these are an example, we recommend looking at current market figures)
R1 £675 /mth
R2 £825 /mth
R3 £800/ mth
R4 £825/ mth
Monthly £3,125
Annually £37,500
Yield 10.80%
This is subject to a buyer doing research on rental figures in the area
The property can be brought as an ongoing investment, or the tenants can be given notice, or the house can be brought as a family home.
The property has a nicely presented front and rear garden with raised decking area to the rear.
We are advised on the current rental figures for 114 Danes Road, please be aware this has been supplied to us by our client, we don't rent this property via Taylors Bicester. Rooms Current Rent :
The client achieves the following rents.
R1 £570.00 / mth
R2 £750.00 / mth
R3 £730.00 / mth
R4 £750.00 / mth
Monthly £2,800
Annually £33,600
9.6% yield
The rents are considered to be lower than the average for the area, and a new buyer could increase these to align with current market rents.
Example - (these are an example, we recommend looking at current market figures)
R1 £675 /mth
R2 £825 /mth
R3 £800/ mth
R4 £825/ mth
Monthly £3,125
Annually £37,500
Yield 10.80%
This is subject to a buyer doing research on rental figures in the area
The property can be brought as an ongoing investment, or the tenants can be given notice, or the house can be brought as a family home.
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Monthly repayment
£1,750 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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