Fantastic turnkey buy-to-let investment opportunity in a residential area in Rose Hill, south of Oxford (2.7 miles). 3-bed terraced house with zero voids for 7 yrs (long term tenants) generating £13,200 gross rental income (3.5% yield)
- Turnkey buy-to-let investment opportunity
- Zero voids for 7 yrs (long term tenant)
- £13,200 gross rent
- 3.5% gross yield
- 13.4% house price growth (5 yrs)
- 3-bed terraced property
- Split over 2 floors
- The house was extended into the garden around 30 years ago
- The flat roof is now being replaced
- The bathroom has recently been fully redecorated
- Comes with a separate lounge and dining room
- Fully fitted kitchen with gas hob, integrated double oven and archway to utility area
- The landlord replaced the boiler in 2019 as well as the cooker
- Parking on driveway with space for two vehicles
- Rear garden and lawn area with wooden fence
- The tenants have been living at the property for over 7 years
- Property is currently managed by the vendor
Situated in Rose Hill, a residential area about 2.7 miles south of Oxford centre.
This property is ideal for families with access to a great choice of schools such as the St. Mary And John C Of E Primary School, The Rose Hill Primary School and a huge choice of Colleges in and around the centre of Oxford as well as nurseries and Oxford University within 1.7 miles distance.
Oxford Railway Station is at about 2.3 miles distance and there is a regular running bus service with a bus stop within walking distance connecting to the schools and the railway station.
Oxford has two universities and is consistently ranked in the Top 10 universities in the world. Oxford University attracts 40% of its academic staff and 17% of undergraduates from overseas and serves 23,975 undergraduates and postgraduates. Brookes University has grown considerably and is investing in consistent development in East Oxford.
Oxford boasts strong economic output with a working population of 434,800 and a total output (GVA) of £21.9 billion, the economy is one of the strongest nationally, especially in the South. The city has a large number of people employed in universities and the public sector, but also has significant jobs in other sectors including publishing, tourism, hospitality and a growing hi-tech sector fuelled by the highly-qualified workforce.