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£1,250,000

Hernes Road, Oxford, OX2

  • 6 beds
Semi-detached house

£1,250,000

  • 6 beds
Semi-detached house
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Estimate monthly mortgage payment:

£5,706 per month

Minimum deposit amount:

£62,500
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18 Hernes Road is a well-positioned, six-bedroom, semi-detached HMO located a short walk north of the Summertown shopping parade. The property has recently been renovated, has no onward chain, and is ready for immediate rental.

The home provides six double bedrooms spread across three floors. Each bedroom is complemented by an en-suite bathroom which is fitted with either a shower or a combination bath and shower unit. The bedroom in the converted loft offers plenty of storage. On the ground floor is a communal living / dining area and kitchen with fitted appliances and French doors providing garden access.

The property has an 80ft south-facing garden with patio for outdoor dining. At the front of the property is driveway parking for multiple vehicles alongside side access leading to the rear.

This property provides the opportunity to achieve between 5% - 9% yield subject to length of let (it is currently short let).

Location:

Hernes Road is situated a short walk north of Summertown shops and is well placed for access to its wealth of amenities including restaurants, bars and cafes.

It is ideally located for access to Oxford’s many University Buildings through a regular bus service along the Banbury Road into the City Centre. For travel further afield, the nearby Oxford Parkway station provides direct trains to London Marylebone. The ring road is within half a mile and offers access to the A34, A40 and M40.

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£5,706 per month
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Stamp Duty tax
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£66,250
Mortgage and legal costs:
£999
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