3 bed terraced house for sale

Normandy Crescent, Oxford OX4

Property Description

Chancellors are pleased to present this 3-bed HMO to the market in a prime location near bmw and the proposed Cowley railway station. Enquire today to arrange your viewing.

Property Details

This licensed 3-bedroom HMO is situated in a prime Oxford location close to bmw, mini Plant Oxford and the proposed Cowley railway station, making it an attractive investment opportunity in a strong rental area.

The property is currently fully tenanted and generating approximately £2,500pcm, with tenants responsible for utility payments via Split The Bills, covering gas, electric, water and TV services.

Planning permission has been granted to extend the property and create a 4-bedroom HMO, offering buyers the opportunity to further increase rental income and maximise returns. The current rental arrangement comprises two larger rooms achieving £900pcm plus bills and a third room achieving £700pcm plus bills.

Further benefits include a bottom-of-cul-de-sac position, proximity to local amenities and transport links, and being located approximately 1.1 miles from Templars Square. A well-positioned HMO investment with immediate income and future development potential.
Property reference 6134058