Town house for sale in Marlborough Road, Banbury OX16

A rare opportunity to purchase a fully licenced nine bedroom HMO investment in the centre of Banbury town.

The property was converted to an HMO four years ago and benefits from full gas central heating throughout.

The property has a full rental and maintenance history over three years and could offer a strong 8.5% return to capital.

Accommodation

The property is an end of terrace Victorian property arranged over five floors. The property boasts nine bedrooms, three bathrooms and a large kitchen / diner. This unique investment opportunity has been consistently let over the last three years with a steady income and long term tenants in situ. All compliance is completed and will be available upon request.

Rooms

Bedroom 1 4.83m x 4.32m - 15'10" x 14'2"
Bedroom 2 4.88m x 4.17m - 16'0" x 13'8"
Bedroom 3 4.29m x 3.89m - 14'1" x 12'9"
Kitchen 4.09m x 3.94m - 13'5" x 12'11"
Bedroom 4 4.22m x 3.68m - 13'10" x 12'1"
Bedroom 5 4.29m x 3.94m - 14'1" x 12'11"
Kitchenette 3.2m x 1.78m - 10'6" x 5'10"
Bedroom 6 3.2m x 2.44m - 10'6" x 8'0"
Bedroom 7 4.19m x 3.33m - 13'9" x 10'11"
Bedroom 8 4.55m x 3.94m - 14'11" x 12'11"
Bedroom 9 4.75m x 2.95m - 15'7" x 9'8

Heating. Gas central heating.

Council tax Band F

Services Currently connected to mains water, gas and electricity.

Local Authority Cherwell District Council.

Viewings Through Chattel House.

Price £720,000 Freehold.