Summary - 242 ABINGDON ROAD OXFORD OX1 4SP
6 bed 2 bath Terraced
Income-producing six-bed terrace near Oxford centre with refurbishment potential.
HMO licence for six sharers
A substantial six-bedroom Victorian mid-terrace with an established HMO income and strong gross yield for investors. The property benefits from a full HMO licence for six sharers, current monthly rent of £3,700 and no onward chain — producing over an 8% gross yield at the asking price. It is tenanted until 5 July 2026, providing immediate rental income and minimal void risk for a new owner.
The house retains period character outside — bay window, gable roof and high ceilings — while the internal kitchen/diner is light, modern and open plan. Accommodation spans three storeys with two shower rooms plus an en-suite, and a small private garden. Located in New Hinksey, it is an easy 25-minute walk to Oxford city centre and sits in a popular student and professional neighbourhood with good local amenities and schools nearby.
Notable practical issues are clear: the property has a high flooding risk, an EPC rating of E, double glazing fitted before 2002 and solid brick walls likely without modern cavity insulation. These factors may require insurance, energy-efficiency improvements and flood-mitigation measures. The house is an attractive refurbishment/investment opportunity for buyers willing to budget for upgrades to reduce running costs and improve long-term returns.
This is best suited to an investor or portfolio buyer seeking immediate HMO income in Oxford with scope to enhance value via energy and flood-resilience works. The tenancy in place and HMO licence de-risk letting, but buyers should commission flood risk and building surveys before committing.
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