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£600,000

Horspath Road, Cowley, Oxford, OX4

  • 4 beds
House

£600,000

  • 4 beds
House
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Estimate monthly mortgage payment:

£2,739 per month

Minimum deposit amount:

£30,000
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Extended and improved semi detached home with valid HMO licence for up to six occupants in a popular location convenient for the Business Park, Mini Plant and Headington Hospitals. The spacious and highly versatile layout includes two ground floor bedrooms, one with an en suite and direct access to the garden in addition to a shower room and a large open plan kitchen/dining/family room. On the first floor are two further bedrooms, one with an en suite and the other with a shower enclosure. The property has in recent years been used as a HMO with planning permission in place for change of use from C3 to C4 use and a valid HMO licence for up to six occupants. With project monthly income of �3,000 per month the property could achieved a gross yield of 6%. Approached via a gravelled driveway with two parking spaces, there is also a covered bike store. To the rear is a private enclosed rear garden which is mainly laid to lawn with a large storage shed at the far end. Horspath Road is situated within a popular residential area close to local amenities, the science and business parks, and transport links into Oxford City Centre and Headington. The property is also nearby to a range of good schools and hospitals. Horspath recreation ground and Shotover Country Park are both within walking distance.

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£2,739 per month
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Stamp Duty tax
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£8,750
Mortgage and legal costs:
£999
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