Property for sale in New Road, Banbury OX16

£800,000
Interested in this property? Call +44 1865 366225 * or Request Details

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Property for sale - 8 bedrooms

8 8 1

Tenure:
Freehold
Council tax band:
E

Property features

  • Investment Opportunity
  • HMO Licence for 10 Occupants
  • Convenient Town Location
  • Period Features
  • Eight En-Suite Bedrooms
  • Updated Kitchen

Property description

Discover an incredible investment opportunity in the heart of Banbury! This lucrative HMO property promises an exceptional annual yield.

This modern conversion boasts eight spacious double bedrooms, each equipped with its own en-suite shower room. Residents enjoy a contemporary communal kitchen fitted with premium appliances and a stylish open plan living/dining area. The ground floor hall, formerly a commercial space, exudes character with exposed brickwork.

Outside, a pleasant terrace awaits at the front, and additionally, there's a secure bicycle storage area for added convenience but could be converted into a car parking space for residents. The property is fully licensed for up to 10 occupants, making it an ideal income-generating investment.

Banbury itself is a fascinating and historically rich town. Positioned just two miles from Junction 11 of the M40 and boasting a direct rail connection to London Marylebone, Banbury offers outstanding transportation links. It's a favoured choice for commuters heading to both London and Birmingham. Don't miss this opportunity to secure this amazing investment in a prime location!

Property info

Floorplan(s): Floorplan 1

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For more information about this property, please contact
Alistair Redhouse Estate Agents Ltd, OX5 on +44 1865 366225 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Alistair Redhouse Estate Agents Ltd, and do not constitute property particulars. Please contact Alistair Redhouse Estate Agents Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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