£750,000
(£391/sq. ft)
8 bed detached house for saleNew Road, Banbury OX16
8 beds
8 baths
1 reception
1,916 sq. ft
- Freehold
Alistair Redhouse Estate Agents Ltd
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About this property
Investment Opportunity
HMO Licence for 10 Occupants
Convenient Town Location
Period Features
Eight En-Suite Bedrooms
Updated Kitchen
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!
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