Danes Road, Bicester, Oxfordshire, OX26

Property Details: - Type: Terraced house - Bedrooms: 4 - Bathrooms: 1

Agent: Taylors - Bicester Phone: 01869 623514

Investment yield 9.6% or a perfect family home. A very well presented three/four bedroom extended terraced home with brand new fitted shower suite, the property could be a wonderful family home and is located in a highly regarded location.<br/><br/>The property has a nicely presented front and rear garden with raised decking area to the rear.<br/><br/>We are advised on the current rental figures for 114 Danes Road, please be aware this has been supplied to us by our client, we don't rent this property via Taylors Bicester. Rooms Current Rent :<br/><br/>The client achieves the following rents.<br/>R1 £570.00 / mth<br/>R2 £750.00 / mth<br/>R3 £730.00 / mth<br/>R4 £750.00 / mth<br/>Monthly £2,800<br/>Annually £33,600<br/>9.6% yield <br/><br/>The rents are considered to be lower than the average for the area, and a new buyer could increase these to align with current market rents. <br/><br/>Example - (these are an example, we recommend looking at current market figures)<br/>R1 £675 /mth<br/>R2 £825 /mth<br/>R3 £800/ mth<br/>R4 £825/ mth<br/>Monthly £3,125<br/>Annually £37,500<br/>Yield 10.80%<br/><br/>This is subject to a buyer doing research on rental figures in the area<br/><br/>The property can be brought as an ongoing investment, or the tenants can be given notice, or the house can be brought as a family home.<br/><br/>