House for sale in , Oxford City Portfolio, OX2 : Oxford : OXF230169

You are here:

Back

bedroom house, Oxford City Portfolio, OX2 - Sold

sold

Oxford City Portfolio, OX2

To be advised

Asking price £3,500,000

Oxford 0.5 miles

Oxford Parkway 3 miles

Gloucester Green Bus Station (Gloucester Green 93) 0.5 miles

INVESTMENT OPPORTUNITY. A superb portfolio investment sale comprising 7 residential properties and a commercial unit in Oxford City to be sold as a whole.

This varying portfolio of properties are in two of Oxford’s most sought-after areas, both within easy reach of the City. Jericho borders Worcester College and the Oxford Canal, and has an eclectic mix of people creating a thriving community with cafes, bars and restaurants. It is home to historic Oxford University Press and the contemporary Blavatnik School of Government building opposite on Walton Street. The Times described Jericho as ‘A first-class suburb that offers relaxed urban living with honours, a short walk from the city centre.’ Port Meadow is a short distance and one of the largest open spaces in the north of city with the River Thames flowing through the heart of the meadow.

Further properties in the portfolio lie across Magdalen Bridge in a thriving community with a diverse multi-cultural range of restaurants including cuisines from around the world, independent shops, music venues and great nightlife. Magdalen Bridge is famously at the hub of May Day morning, in which Oxford students and residents gather to listen to the choristers singing from the top of Magdalen College Tower. The legendary four-minute mile run by Roger Bannister was also ran at Oxford University's Track, located here on Iffley Road.

Portfolio Details
• Current rent of £185,000 per annum.
• 8 properties in total, consisting of 4 flats, 3 houses (one of which is an HMO), and a commercial unit.
• Guide price of £3,500,000.

Further information is available on request.

The next steps...

Establish funds

How will you fund the purchase?

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.

To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.

Some advantages of a broker are:

They do all the legwork for you, working on your behalf with the lender
They compare wholesale mortgage rates from a large number of banks and lenders all at once
Their wholesale interest rates can be lower than retail (bank branch) interest rates
They offer more loan options because they work with numerous banks and lenders
They can finance tricky deals because of their knowledge and various lending partners
They are typically easier to get in contact with, and are less bureaucratic.

However advantages of working with your bank are:

You may be able to build off an existing relationship (and gain discounts if you have a checking or savings account)
You may already know the banker who will handle your mortgage
Banks may be more accountable than a smaller shop
They may offer lower interest rates in some cases
Their ability to add mortgage to existing banking profile and make automatic payments from linked account.

Making an offer

with Carter Jonas.

When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.

Once you’ve found a property you want to buy, it’s time to make an offer. A bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.

If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.

Need to sell a property

or thinking of letting?

If you have a property to sell, why not see how we can help you.

Or if you’re considering letting your property, we can take the stress out of managing your rental, and our award winning lettings team offer a service that can be tailored to your needs.

Combined with nearly 170 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.

Why not book a free, no obligation valuation of your property and find out how Carter Jonas can help you make your next move.