4 bed terraced house for sale

East Avenue, East Oxford OX4

Investment opportunity: A Victorian bay fronted mid terrace house offered for sale with tenants in situ and offering over 6.5% gross return.

Description

Investment opportunity: A Victorian bay fronted mid terrace house offered for sale with tenants in situ and offering over 6.5% gross return. The property has an HMO license for four occupants. The current rental agreement ends 23 July 2026 - £2,400 pcm. Mansfield College starts a three year agreement from 3 Aug 2026 to 4 July 2029. Year 1 £2,600 pcm. Year 2 £2,730 pcm. Year 3 £2,865 pcm

Location

East Avenue is a residential side road found a short walk from the bustling Cowley Road, a highly sociable and cultural location with many popular bars and restaurants Also within easy reach is the Magdalen Arms and Rusty Bicycle. The Pegasus Theatre is nearby Oxford Brookes, South Park and the city centre are within easy reach.

Directions

From The Plain procced along St Clements and turn right into Morrell Avenue. Turn right into East Avenue. The property will be found a short way along on the right hand side.

Viewing Arrangements

Strictly by appointment with Penny & Sinclair.

Tenure & Possession

Freehold and sold with tenants in situ.

Local Authority & Council Tax

Oxford City Council
Town Hall
St Aldates
Oxford
OX1 1BX
Telephone Council Tax Band D £2554.37 for 2025/26

Agents Note

Penny & Sinclair, their clients and any joint agent gives notice to anyone reading these particulars that:
I) the particulars do not constitute part of an offer or contract; ii) all descriptions, dimensions, references to the condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers should not rely on them as statement or representations of fact. Iii) the text, photographs and plans are guidelines only and are not necessarily comprehensive. Any reference to alterations to, or use of, any part of the property does not mean that all necessary planning, building regulations or other consents have been obtained and Penny & Sinclair have not tested any services, equipment or facilities. A buyer or lessee must satisfy themselves by inspection or otherwise. Iv) the descriptions provided therein represent the opinion of the author and whilst given in good faith should not be construed as statements (truncated)