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£500,000

Marston Road, Marston, Oxford, OX3

  • 5 beds
House

£500,000

  • 5 beds
House
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Estimate monthly mortgage payment:

£2,283 per month

Minimum deposit amount:

£25,000
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Well located HMO investment opportunity, this 1930's semi detached house has been extended substantially on the ground floor creating a flexible layout with three ground floor bedrooms, served by a shower room. On the first floor are two further bedrooms, a bathroom and a study. The kitchen has been modernised with smart contemporary units and is open plan with the sitting/dining room. The property is approached via a gravel driveway providing an area of off road parking, further on street parking is located nearby with residents permits. To the rear is a low maintenance 50ft garden which is mainly laid to lawn with a shed located at the far end, there is also gated pedestrian access to one side. The property is let on an Assured Shorthold Tenancy until September 2024 at £2,600 and for the academic year 2024-2025 at £2,750 pcm which will equate to a gross yield of 6.6%. The house is close to the Marston cycle/walking path that leads to the city centre via South Parks Road. There is a local convenience shop and a vibrant pub/café close by, as is the sought-after St Michael's Church of England Primary & Pre-school. There are regular bus routes along Marston Road, and there are frequent public transport links to London and the airports from nearby St Clements. The Headington hospitals are within easy reach, as is Brookes University and the Oxford Ring Road. The property has excellent proximity to the green spaces of the University Parks, South Park and Headington Hill Park.

Your estimated purchase costs

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£3,750
Mortgage and legal costs:
£999
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Property details

£500,000

5 bed house for sale

Marston Road, Marston, Oxford, OX3
Well located HMO investment opportunity, this 1930's semi detached house has been extended substantially on the ground floor creating a flexible layout with three ground floor bedrooms, served by a shower room. On the first floor are two further bedrooms, a bathroom and a study. The kitchen has been modernised with smart contemporary units and is open plan with the sitting/dining room. The property is approached via a gravel driveway providing an area of off road parking, further on street parking is located nearby with residents permits. To the rear is a low maintenance 50ft garden which is mainly laid to lawn with a shed located at the far end, there is also gated pedestrian access to one side. The property is let on an Assured Shorthold Tenancy until September 2024 at £2,600 and for the academic year 2024-2025 at £2,750 pcm which will equate to a gross yield of 6.6%. The house is close to the Marston cycle/walking path that leads to the city centre via South Parks Road. There is a local convenience shop and a vibrant pub/café close by, as is the sought-after St Michael's Church of England Primary & Pre-school. There are regular bus routes along Marston Road, and there are frequent public transport links to London and the airports from nearby St Clements. The Headington hospitals are within easy reach, as is Brookes University and the Oxford Ring Road. The property has excellent proximity to the green spaces of the University Parks, South Park and Headington Hill Park.