Ready-made licence in Cowley near workplaces and universities, ideal for investor landlords.
- HMO licence in place for six occupants
- Six double bedrooms in semi-detached layout
- Two bathrooms only for six bedrooms (limited facilities)
- Driveway off-street parking; small front garden
- Offered with no onward chain for quicker purchase
- Electric storage heaters; higher running costs likely
- Double glazing present; install date unknown
- Area has above-average crime; consider insurance costs
A six-bedroom semi-detached property offered with an existing HMO licence for six occupants — a ready-made rental opportunity within walking distance of local shops, bus routes and nearby business parks including the BMW plant. The house includes two receptions, two bathrooms and driveway parking; it is offered with no onward chain which could speed a purchase and let-ready turnaround.
The layout and size (approximately 1,206 sq ft) suit investors targeting shared housing for students or workers, with good access to local hospitals and universities. The property is freehold and sits in an urban cultural mix area where demand for multi-occupancy accommodation remains steady.
Buyers should note a few practical factors: heating is by electric storage heaters which can be more expensive than gas, the double glazing installation date is unknown, and the property occupies a relatively small plot. Crime levels are above average in the area, which may affect rental appeal and insurance costs. There are two bathrooms for six bedrooms, so communal facilities are limited and may require management or adaptation to maximise rental yield.
Overall, this is a practical HMO investment with immediate letting potential and minimal acquisition friction due to no chain. It will suit buyers prepared to manage running costs, tenant screening and routine maintenance, or to carry out modest upgrades to improve tenant comfort and long-term returns.
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