This property has been taken off the market.

9 Bed Detached House For Sale Barracks Lane, Oxford, OX4

£1,750,000- Detached

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Last Updated: 21st May 2024

Description

INVESTMENT OPPORTUNITY Modern purpose built detached freehold building comprising five one, two and three bedroom apartments all currently let on assured shorthold tenancies and producing an income of £64,740 per annum.

The accommodation is arranged over four three floors, and benefits from double glazing and gas central heating with individually metered utilities. Each property has its own character and charm, some are arranged over multiple floors and flat D has the benefit of a private balcony. To the rear is an area of communal garden available fo the use of all apartments.

There is further potential for a new dwelling in what is currently a carport/store area and the current owner is in the process of obtaining consent for an additional one bedroom dwelling to the rear of the property.

Each apartment benfits from an off road parking space on the block paved driveway to the front of the building.

Barracks Lane is located just off the popular Cowley Road, the local area has a vibrant community feel with many local amenities including the Pegasus Theatre, the Rusty Bicycle Pub, Oli's Thai restaurant and the highly regarded Magdalen Arms gastropub to name but a few. For those commuting out of the city, there is good access to the ring road, A34 and A40 as well as the train station in the city centre.
Agent Details
Scottfraser
267, Cowley Road, Oxford, OX4 1XQ
Show Contact Number
01865 244 666

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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