55 St. Clements Street OX4

2,813 sq ft (261.3 sq m)

Mixed-use investment close to Oxford City Centre and amenities.

The property is set within an attractive period terrace and consists of ground floor retail area with kitchen / storage area to the rear and further useful ancillary basement storage area. There is access to the rear of the ground floor into the kitchen / storage area via Alan Bullock Close.

To the first, second and third floors there is flat with kitchen, shower/WC and five bedrooms, one of which is being used as a living room. Currently let as student accommodation which is accessed from St Clements Street.

* Current rental income - £47,600 per annum.
* Potential reversionary yield of 5.7%.
* HMO licence for 4 people until Jan 2026

Location

The property is located in a prominent position fronting onto St. Clements Street, near to The Plain roundabout, which is one of the main arterial routes into Oxford from the east.

Oxford centre is within ¾ mile to the west and the ring road lies approximately 2 miles to the east.