An excellent opportunity for investors: this licensed 5-bedroom HMO on sought-after road in... Read More
858 property views in the last 7 days!
Quote Reference: 5864578
An excellent opportunity for investors: this licensed 5-bedroom HMO on sought-after road in prime East Oxford location is already income-producing and fully compliant – offering strong, stable returns in one of the city's most reliable rental areas.
The property currently generates £3,400 per month, representing a gross rental yield of approximately 6%. With high rental demand in the area, it enjoys low void periods, making it a solid, turn-key investment from day one.
Importantly, the house falls within an Article 4 direction area, meaning new HMOs in this location require planning permission. However, as this property is a pre-existing, licensed HMO, buyers benefit from grandfathered use, removing the uncertainty and delays associated with obtaining new HMO permissions. This significantly increases the long-term value and appeal of the investment.
The HMO license is already in place for 5 occupants, allowing a smooth and seamless ownership transition for investors.
Located close to Oxford Brookes University, Cowley Road amenities, and with easy access to the city centre, Bartlemas Road remains a high-demand rental location for both students and professionals.
Summary:
- Licensed 5-bedroom HMO
- Income: £3,400 pcm
- Gross Yield: Approx. 6%
- Located in Article 4 area (license and use already in place)
- Strong rental demand with low void rates
- Prime East Oxford location
A rare, ready-made investment in one of Oxford's most secure HMO pockets
There also is a garden to the rear of the property, kitchen, reception room, two bedrooms and downstairs bathroom. Upstairs there are three bedrooms and another bathroom.
Quote Reference: 5864578
Sales Manager, East Oxford Sales
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Council Tax Band
Band E
Council Tax Rate
Not Yet Confirmed
Tenure
Not Yet Confirmed
Tenure Lease Details
Not Yet Confirmed
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