£350,000
4 bed terraced house for saleDanes Road, Bicester, Oxfordshire OX26
4 beds
1 bath
2 receptions
~807 sq. ft
EPC Rating: D
About this property
Buy to Let
Investor Opportunity
Investment yield 9.6% or a perfect family home. A very well presented three/four bedroom extended terraced home with brand new fitted shower suite, the property could be a wonderful family home and is located in a highly regarded location..
The property has a nicely presented front and rear garden with raised decking area to the rear.
We are advised on the current rental figures for 114 Danes Road, please be aware this has been supplied to us by our client, we don't rent this property via Taylors Bicester. Rooms Current Rent :
The client achieves the following rents.
R1 £570.00 / mth
R2 £750.00 / mth
R3 £730.00 / mth
R4 £750.00 / mth
Monthly £2,800
Annually £33,600
9.6% yield
The rents are considered to be lower than the average for the area, and a new buyer could increase these to align with current market rents.
Example - (these are an example, we recommend looking at current market figures)
R1 £675 /mth
R2 £825 /mth
R3 £800/ mth
R4 £825/ mth
Monthly £3,125
Annually £37,500
Yield 10.80%
This is subject to a buyer doing research on rental figures in the area
The property can be brought as an ongoing investment, or the tenants can be given notice, or the house can be brought as a family home.
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This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
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