2-bedroom terraced house · OX2 6EP
Let agreedListed 63 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A characterful two-bedroom terraced home arranged over three levels, offering two reception rooms, a well-equipped galley kitchen, useful cellar space and an attractive enclosed patio garden with gated rear driveway access to Adelaide Street.
Front door opens into the reception room, finished with neutral carpeting and featuring built-in shelving to either side of an ornamental fireplace.
To the rear is a separate dining room, providing a flexible space for entertaining or home working.
Stairs lead to the first-floor accommodation, while a further staircase provides access to the cellar.
The galley-style kitchen is fitted with a range of units and integrated appliances including a microwave, gas hob, electric oven, dishwasher and fridge. A door leads directly out to the rear garden.
The basement cellar provides valuable additional storage and utility space, housing the gas combination boiler, washing machine and fridge freezer, together with understairs storage.
On the first floor, the front-facing double bedroom overlooks Observatory Street and benefits from a fitted wardrobe. The second bedroom includes built-in storage.
Steps lead down to the bathroom, fitted with a bath with a shower over, wash basin, WC and built-in storage.
Externally, the property enjoys a charming patio garden surrounded by mature shrubs and planting. A gravel driveway and lockable double gates provide rear access onto Adelaide Street.
Observatory Street is in the heart of Jericho and within less than 1 mile of Oxford City centre shops, University Colleges, the Ashmolean museum, Randolph hotel, Gloucester Green bus station and Oxford railway station.
Jericho is a sought after and trendy suburb of Oxford, with a vibrant cafe culture and a selection of bars, bistros, restaurants, gastro pubs and boutique shops all within a short walk of this home.
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
FAQ
About 47, Observatory Street, Oxfordshire
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