Summary - 253 ABINGDON ROAD OXFORD OX1 4TH
4 bed 2 bath Terraced
Immediate income in central Oxford with strong licence protections.
Licensed four-bedroom HMO in an Article 4 area
Projected income £3,100 pcm (approx. 7.83% gross yield)
Driveway parking for two cars—a rare local benefit
Sold with professional tenants in situ; immediate income
High local flood risk—material for insurance and mitigation
Above-average crime rate in the area
Solid brick walls assumed uninsulated; retrofit likely needed
Double glazing dated (installed before 2002); modernisation required
This mid-terrace four-bedroom property is offered chain free and currently operates as a licensed HMO, delivering an estimated rental income of £3,100 pcm and a gross yield of about 7.83%. The HMO licence in an Article 4 area is a strong asset, limiting new competition and supporting long-term tenant demand in central Oxford.
The house includes driveway parking (space for two cars), is within close reach of amenities and transport, and sits about 1.2 miles from Oxford city centre — attractive features for student and professional tenants. It is sold with professional tenants in situ, so rental income is immediate for a buyer seeking an income-producing investment.
Buyers should note important condition and location considerations. The property was built circa 1900–1929 with solid brick walls assumed to lack insulation, and double glazing was installed before 2002. Flooding risk is high for the location, and local crime rates are above average; both are material factors for insurance, management and future refurbishment costs.
Overall, this is a ready-made HMO investment in a constrained Article 4 market with immediate income potential. The building offers refurbishment upside—improving insulation, window upgrades and general modernisation would increase appeal and reduce running costs, but these works and flood mitigation should be budgeted for before or shortly after purchase.
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