Investment opportunity - A substantial semi-detached house (circa 1509 sq ft) located on the periphery of the sought-after East Oxford “Golden Triangle”.
The property currently has an HMO licence for 6 occupants and offers the potential of a gross yield in the region 7%. Available with immediate vacant possession and no onward chain.
Of note is the sizeable 2 storey side extension/annexe with separate entrance, offering particular flexibility.
The overall accommodation provides a kitchen with separate dining room, communal living room, 3 bath/shower rooms, six double bedrooms and one single room - there is a good degree of built in wardrobe space.
Outside includes driveway parking for multiple vehicles and an enclosed rear garden which is predominantly laid to lawn with a useful outbuilding.
Ridgefield Road is positioned close to the vibrant Cowley Road in a popular location to the east of the city centre (approx. 1.6 miles) with Oxford railway station less than 2 miles away providing frequent trains to London Paddington or Marylebone (approx.1 hour travel time). The Oxford Tube and Airline Coach services are available at St. Clements, providing 24-hour transport to London, Heathrow and Gatwick. Local amenities include multiple primary schools, a Co-Op with Post Office facilities, doctor's surgery, the Pegasus Theatre, The Rusty Bicycle pub, Hamblin Bread and the well regarded Magdalen Arms gastropub.
Council Tax Band: D