£625,000
Lamarsh Road, Oxford, OX2
- 5 beds
£625,000
- 5 beds
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INVESTMENT OPPORTUNITY.
A five double bedroom/five bathroom mid-terraced house with a valid HMO license for five sharers, currently producing an annual income of over £40,000.
Constructed in 2012 by Ede Homes, the property offers off-road parking and there is no onward chain. Each room has access to a private bathroom, all with walk-in shower. There is a kitchen/living space and a private, enclosed, south-facing garden.
All five rooms are currently tenanted until Summer 2024 at a total rent of £3,360pcm, offering a gross yield return of around 6%.
Lamarsh Road is located off the Botley Road allowing easy access to the Oxford Rail Station, The Said Business School, Oxford City Centre and both the A34 and A420. There are plenty of shops and amenities within walking distance, including Waitrose supermarket.
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