Cowley Road, East Oxford, OX4

An attractive six bedroom city townhouse providing a superb investment opportunity. This red brick Victorian mid terraced house has for many years been used as a HMO and offers extensive accommodation arranged over three floors with the addition of a useful basement store and boarded loft. The property retains many original period features but has been thoughtfully modernised with high quality double glazed sash style windows, a contemporary kitchen and family bathroom. Approached via a low maintenance front garden with bin and bike storage, the property further benefits from a large 54ft garden to the rear with a paved terrace. Let for the academic year 2023-2024 this property is available with tenants in situ, currently generating £4,100 pcm which is due to increase from September 2024 to £4,200 which will equate to a gross yield of 5.6%. The property is located less than a mile east of the city centre, within easy reach of Magdalen Bridge and the High Street. There are a wide variety of shops, bars, restaurants and a local cinema within a few minutes’ walk, as is the bus stop on St Clements Street with a regular service to London and airports. South Park, Headington Hill and the University Parks are again a few minutes’ walk.