Terraced house for sale in High Street, Banbury OX16

£775,000 (£234/sq. ft)
Terraced house for sale - 9 bedrooms 9 8 3,315 sq. ft*
Interested in this property? Call +44 20 8115 4124 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Fully tenanted investment property
  • 9-bed HMO
  • Fully licenced HMO
  • £57,240 rent per annum
  • 7.4% Gross Rental Yield
  • 17.4% hpi (last five years)

Property description

This is an investment opportunity to purchase a 9-bed HMO in Banbury generating £57,240 rent pa & gross yield of 7.4%.

Property information

  • Spread over 5 floors
  • 9-bed HMO
  • Fully HMO licenced
  • 7 rooms are ensuite
  • 2 rooms share a bathroom
  • Bedroom 3 comes with its own balcony
  • Shared kitchen on the ground floor
  • Second shared kitchen and balcony on the second floor
  • Laundry room in the basement
  • Parking for 4 cars
  • Bicycle storage for 10 bikes on the ground floor
  • EPC rating C
  • Monthly rental income £4,770


Rental information

  • Room 1 - let since 04/03/2020
  • Room 2 - let since 02/12/2019
  • Room 3 - let since 28/02/2020
  • Room 4 - let since 09/02/2020
  • Room 5 - let since 05/10/2019
  • Room 6 - let since 17/01/2020
  • Room 7 - let since 06/03/2020
  • Room 8 - let since 20/01/2020
  • Room 9 - let since 24/10/2019


The vendor pays all bills which come to around £500 per month.

Note

Please note that Vesta has not visited this property and that all material has been provided by the vendor.

Property info

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* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Vesta Property, N3 on +44 20 8115 4124 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Vesta Property, and do not constitute property particulars. Please contact Vesta Property 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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