2-bedroom flat · OX2 6BY
To rentListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A luxury split-level penthouse apartment located in a sought-after Jericho development, with a secure entry system.
On the first level is a spacious principle bedroom with walk-in wardrobe, en suite shower room & balcony. There is an additional bathroom & second double bedroom with built-in storage.
The top floor has an open-plan living/dining room leading to a high quality kitchen. Floor to ceiling windows provide lots natural light and lead to a private roof terrace. No parking available.
Jericho is a vibrant and lively place to live and highly desirable with its close proximity to the city centre.
Voted by The Times as one of the 30 coolest places to live in Britain in 2019, Jericho has an art house cinema, a number of popular pubs and restaurants, and is in an ideal location for access to the University departments.
Oxford canal and Port meadow are close by, providing space to enjoy peace and tranquillity.
Oxford train station is less than a mile away with regular trains to Reading and London, in addition to frequent buses from Gloucester Green in the city centre.
Applicants are advised that it will be necessary to carry out remedial works to the outside spaces and external walls following recent surveys.
Within the next year, improvements to the drainage systems will be made to four of the Grantham House roof terraces.
Works will take place during the day, are likely to last 6 weeks, and will be confined to the Cranham Terrace end of the block.
Applicants are also advised that we have been informed of similar defects affecting balconies within the building.
As a precaution, and until further guidance is provided by the surveyors, we have kindly asked residents to refrain from using balconies and to avoid storing any heavy items on them.
Applicants should consult with the agent as to whether the property they are interested in is affected. External wall works are still under consultation.
Scope and duration are yet to be determined, but they are unlikely to commence before autumn 2027. Peerless Properties, the buildings management company, will keep all residents informed.
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Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 18, Grantham House, Cranham Street, Oxford
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