Oxford, OX4 4BJ | Investment Property for Sale | VES-OX4-001

Opportunity to purchase a semi-detached house in Oxford generating £13,200 rent pa and a gross yield of 3.5%

£375,000

Terraced House

VES-OX4-001

INITIAL INVESTMENT

£173,400

GROSS RENT / YIELD

£13,200 / 3.5%

NET RENT / YIELD

£10,139 / 2.7%

ADD TO FAVOURITES

Long-term tenant

Tenants that stay for long periods feel they have a stake in the property and are more likely to treat it as though it was theirs.

Benefits include:

  • Steady income
  • Minimised wear and tear
  • Fewer void periods

The property

TENANCY

Tenanted

TENURE

Freehold

3 bedrooms

1 bathroom

2 reception rooms

1,106

Unfurnished

Property information

  • Split over 2 floors
  • Parking on driveway with space for two vehicles
  • Rear garden and lawn area with wooden fence
  • The house was extended into the garden around 30 years ago
  • Comes with a separate lounge and dining room
  • Fully fitted kitchen with gas hob, integrated double oven and archway to utility area
  • The tenants have been living at the property for over 7 years
  • Property is currently managed by the vendor

Property Location

  • 3-bed Terraced property is situated in Rose Hill, a residential area about 2.7 miles south of Oxford centre

  • This property is ideal for families with access to a great choice of schools such as the St. Mary And John C Of E Primary School, The Rose Hill Primary School and a huge choice of Colleges in and around the centre of Oxford as well as nurseries and Oxford University within 1.7 miles distance.

  • Oxford Railway Station is at about 2.3 miles distance and there is a regular running bus service with a bus stop within walking distance connecting to the schools and the railway station.

Notes

The listings particulars haven't yet been reviewed by the vendor and are therefore not final.

We are currently awaiting the AST from the landlord and will update the listing when received.

Floorplans

Documents available on request, please contact for viewings or further questions.

The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.

Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.

Financials

VIEW FINANCIALS WITH

Personalise the financials

Edit our market average financial assumptions to see every property using your financial strategy.

Sign In or Sign Up

 to edit financials 

>

Rental Income

GROSS RENT PER ANNUM

£13,200

Equivalent of £1,100 per calendar month (PCM).

GROSS RENTAL YIELD

3.5%

Gross rent per annum divided by the purchase price.

NET RENT PER ANNUM

£10,139

Gross rent per annum minus fully managed operating costs.

NET RENTAL YIELD

2.7%

Gross rent per annum minus fully managed operating costs divided by the purchase price.

FULLY MANAGED OPERATING COSTS

£3,061

The total estimated sum of expenses calculated annually assuming a fully managed service.

Click to understand assumptions.

Disclaimer

All financial information is provided as a guideline only, is based on estimates and assumptions and is subject to change. Buyers are advised to seek independent financial advice. Capital at risk.

About Oxford, Oxfordshire

Oxford is a university city in Oxfordshire, England. It is 51 miles (82 km) northwest of London, 57 miles (92 km) from Birmingham and 30 miles (48 km) from Reading.

The city is home to the University of Oxford, the oldest in the English-speaking world, and has buildings in every style of English architecture from late Anglo-Saxon. Oxford's industries include motor manufacturing, education, publishing, information technology and science.

Oxford has two universities and is consistently ranked in the Top 10 universities in the world. Oxford University attracts 40% of its academic staff and 17% of undergraduates from overseas and serves 23,975 undergraduates and postgraduates. Brookes University has grown considerably and is investing in consistent development in East Oxford.

Oxford boasts strong economic output with a working population of 434,800 and a total output (GVA) of £21.9 billion, the economy is one of the strongest nationally, especially in the South. From cryogenics to Formula 1, from BMW MINI to the Diamond Light project, Oxfordshire has a range of world-class companies such as Oxford Instruments, Sophos and RM Leaning. The city has a large number of people employed in universities and the public sector, but also has significant jobs in other sectors including publishing, tourism, hospitality and a growing hi-tech sector fuelled by the highly-qualified workforce.

Oxford is also a major draw for tourists attracting approximately 9 million visitors per year, generating £780 million of income for local Oxford businesses. In terms of overseas visitors to the UK, Oxford is the eighth most visited city for staying visits.

Bicester Village is popular with international visitors, drawing 6.4million visitors a year and regularly being named as one of the top UK shopping destinations with over 160 designer outlets. Located 15 minutes from Oxford and served by train from Oxford into London.

Oxford is an hour from the two biggest cities in the UK, London and Birmingham, making it a perfect base for commuting. Its central location is attractive as it is on the edge of the highly densely populated South-East but with fast access to the M40/M6 north, M4 west and A34 south.

The East-West Rail project re-connect Oxford and Cambridge, it’ll also provide new routes to Milton Keynes and Bedford (due to be completed in 2024) vastly improving connectivity within the region.

Meadow Lane,

Oxford,

Oxfordshire,

England,

OX4 4BJ

What makes us different?

Vesta’s sole purpose is to make buying and selling rental property easy for both landlords and tenants.

Benefits include:

  • Buy tenanted property
  • Huge choice for all budgets
  • View property performance data
Learn more >

Questions?

Our sales team is standing by to help.

Important Note

All information contained in this website is provided as a guideline only, is based on estimates and assumptions, may not be accurate or complete, and is subject to change. We make no representations or warranties with regards to this information, expressed or otherwise. A buyer who relies on such information does so at their own risk. Buyers are advised to seek independent financial advice and should undertake their own due diligence.

Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.

In no event will we be liable for any loss or damage, including without limitation any loss or damage arising directly or indirectly out of or in connection with the use of this website and the information contained therein.

Copyright © 2019 Vesta Global Limited. All rights reserved.