7 bedroom semi-detached house for saleBulan Road, Headington, Oxford, Oxfordshire, OX3 7HZ
Guide Price* £400,000
- A Semi Detached Seven Bedroom House
- Achieving Income Of £2,980PCM - 9% Yield
- Superb Investment Unit In Desirable Location
To be sold by Public Auction on 27th October 2016 at The Macdonald Botley Park Hotel, Winchester Road, Boorley Green, Southampton, SO32 2UA
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A Semi Detached Seven Bedroom House
Achieving Income Of £2,980PCM - 9% Yield
Superb Investment Unit In Desirable Location
Location:Bulan Road is located in the Lye Valley area of Headington and is less than one mile by foot from Churchill Hospital and the Old Road Campus of Oxford University. The Oxford Institute for Biomedical Engineering and Nuffield Orthopaedic Centre are also close by. The area is a strong residential location and offers all of the amenities and facilities you would expect from this historic University City.
Accommodation:GROUND FLOOR: Entrance Hallway with Stairs to First Floor, Kitchen and Communal Room, Bedroom One, Bedroom Two, Bedroom Three with En Suite, Separate Shower Room.
FIRST FLOOR: Landing, Bedroom Four, Bedroom Five, Bedroom Six, Bedroom Seven, Shower Room with WC, Separate WC.
OUTSIDE: Front Garden mainly laid to gravel with off road parking. Side access to enclosed rear garden.
Tenancy Details:The property is currently let to AST tenants on a room by room basis at the following rents:
Ground Floor Double Room: £400 pcm - 6 month AST commencing 3rd September 2016.
Ground Floor Single Room: £400 pcm - now on periodic notice.
Ground Floor En Suite Room: £600 pcm - 12 month AST commencing 1st August 2016.
First Floor Front Double Room: £360 pcm - now on periodic notice.
First Floor Front Single Room: £420 pcm - 7 month AST commencing 2nd July 2016.
First Floor Rear Double Room: £450 pcm - 7 month AST commencing 2nd July 2016.
First Floor Rear Single Room: £350 pcm - now on periodic notice.
Copies of the tenancy agreements will be included in the legal pack and all prospective buyers are advised to satisfy any enquiries over the status of the tenancies prior to bidding.
IMPORTANT NOTICE: The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if
appropriate the auctioneers may adjust the guide price to reflect this.
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Fox & Sons, Southampton Auctions on 02380 338066.
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