Period six-bed HMO near Cowley Road, £4,563 pcm income, no onward chain..
Six bedrooms and six bathrooms, configured as a six-person HMO
A well-located six-bedroom period mid-terrace in East Oxford, offered freehold with a current six-person HMO licence and confirmed rental income of £4,563 pcm. The property sits within easy walking distance of Cowley Road and Iffley Road, placing shops, bars, eateries and frequent bus routes on the doorstep — strong fundamentals for letting continuity in this cosmopolitan student neighbourhood.
Internally the house retains Victorian character externally with sash/bay windows and a traditional layout providing kitchen/diner and separate lounge. Six bedrooms and six bathrooms suit a multi-let configuration, and fast broadband plus excellent mobile signal match tenant needs. The sale is offered with no onward chain which can speed completion for an investor buyer.
Buyers should note the property is relatively small overall with a small plot footprint and mid-terrace constraints. The walls are solid brick with no known cavity insulation, and double glazing is present but install date is unknown — refurbishment to upgrade insulation and heating efficiency is likely required. The local area records above-average crime levels compared with national averages, which is important for management considerations.
This is a practical investment opportunity for a buyer targeting stable HMO income close to the city centre and university amenities. It will suit an owner-operator or investor prepared to invest modestly in energy and security improvements to protect rental value.