5 bedroom flat for sale
Abingdon Road, Oxford, OX1
Key features
- Prime OX1 Freehold Investment Opportunity
- Arranged As Three Self-Contained Flats
- Approx. 1960 Sq Ft Total Accommodation
- Ground And Middle Flats Each With Two Bedrooms
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About this property
Here is a great freehold investment property positioned on a corner plot, arranged as three-self-contained flats in a rental area of which is and historically has always been in very high demand. The seller advises there has never been any void periods in the past 33 years. This central location position also leads to flexible letting potential that is very close to Oxford University.
A standout Oxford Investment Opportunity, this attractive period property is arranged as three self-contained flats and held under one freehold title. Positioned in one of the best strategically placed areas for the University that is less than a mile from the city centre, currently let with an annual rent of £54.000. This property also comes with a big bonus of having available parking facilities, as well as development potential STPP being as it sits on a corner plot. It offers investors an appealing blend of character, location flexibility and the ability to increase income yields.
The accommodation is arranged over ground, middle and top floor flats, each with its own living space, kitchen and bathroom or shower room, the ground and middle flats have two-bedroom accommodation, whilst the top floor flat offers a one-bedroom layout, creating a versatile mix that will appeal to a wide tenant base, from professionals and academics and also short term lets.
Outside
An extremely rare and valuable feature for a Central Oxford Investment, is that the property offers off-street parking and a double garage.
Situation
Abingdon Road is the main arterial road into Oxford that is in a superbly central location, close to the ring road for commuters, close to the hospitals, the University and the train station that is just 1.2 miles away.
Property Ref Number:
HAM-65936Additional Information
All flats are Tax - B
EPC Ground Flat - D
EPC Middle Flat - E
EPC Top Flat - E
Ground floor flat, 2 bedrooms
Middle floor flat, 2 bedrooms
Top floor flat, 1 bedroom
For broadband availability and mobile service coverage, please check the Ofcom mobile and broadband checker online.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties’ personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £495.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £9,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £800.00. These services are optional.
Additional information
- Prime OX1 Freehold Investment Opportunity
- Arranged As Three Self-Contained Flats
- Approx. 1960 Sq Ft Total Accommodation
- Ground And Middle Flats Each With Two Bedrooms
- Top Floor One-Bedroom Flat
- Strong Rental Appeal And Flexible Letting Potential
- Less Than A Mile From Oxford City Centre
- Good-Sized Rear Garden
- Off-Street Parking And Double Garage
- Oxford Station Approx. 1.2 Miles Away.
Key information
Council Tax Band: B
Tenure: Freehold
Energy Performance Certificate
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5 bedroom flat for sale
Abingdon Road, Oxford, OX1
Key features
- Prime OX1 Freehold Investment Opportunity
- Arranged As Three Self-Contained Flats
- Approx. 1960 Sq Ft Total Accommodation
- Ground And Middle Flats Each With Two Bedrooms