Guide price
£475,000
(£524/sq. ft)
3 bed terraced house for saleNormandy Crescent, Oxford OX4
3 beds
3 baths
1 reception
907 sq. ft
EPC Rating: D
Freehold
About this property
Licensed 3-Bed HMO
Planning Permission For Four Bedroom HMO
Currently Generating £2500pcm
Next To bmw / mini Plant
Close Proximity To Proposed Cowley Railway Station
1.1 Miles From Templars Square
Bottom Of Cul-De-Sac
Prime Location
Property Description
Chancellors are pleased to present this 3-bed HMO to the market in a prime location near bmw and the proposed Cowley railway station. Enquire today to arrange your viewing.
Property Details
This licensed 3-bedroom HMO is situated in a prime Oxford location close to bmw, mini Plant Oxford and the proposed Cowley railway station, making it an attractive investment opportunity in a strong rental area.
The property is currently fully tenanted and generating approximately £2,500pcm, with tenants responsible for utility payments via Split The Bills, covering gas, electric, water and TV services.
Planning permission has been granted to extend the property and create a 4-bedroom HMO, offering buyers the opportunity to further increase rental income and maximise returns. The current rental arrangement comprises two larger rooms achieving £900pcm plus bills and a third room achieving £700pcm plus bills.
Further benefits include a bottom-of-cul-de-sac position, proximity to local amenities and transport links, and being located approximately 1.1 miles from Templars Square. A well-positioned HMO investment with immediate income and future development potential.
Property reference 6134058
Chancellors are pleased to present this 3-bed HMO to the market in a prime location near bmw and the proposed Cowley railway station. Enquire today to arrange your viewing.
Property Details
This licensed 3-bedroom HMO is situated in a prime Oxford location close to bmw, mini Plant Oxford and the proposed Cowley railway station, making it an attractive investment opportunity in a strong rental area.
The property is currently fully tenanted and generating approximately £2,500pcm, with tenants responsible for utility payments via Split The Bills, covering gas, electric, water and TV services.
Planning permission has been granted to extend the property and create a 4-bedroom HMO, offering buyers the opportunity to further increase rental income and maximise returns. The current rental arrangement comprises two larger rooms achieving £900pcm plus bills and a third room achieving £700pcm plus bills.
Further benefits include a bottom-of-cul-de-sac position, proximity to local amenities and transport links, and being located approximately 1.1 miles from Templars Square. A well-positioned HMO investment with immediate income and future development potential.
Property reference 6134058
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Monthly repayment
£2,376 per month
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