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8 bedroom semi-detached house for sale
Prospect Road, Banbury, Oxfordshire
£525,000
Price History
Initial price | £595,000 |
11/07/24 | £565,000 |
15/02/25 | £525,000 |
Price Change | -11.76% |
Description
This exceptional 8-bedroom HMO property offers a remarkable investment opportunity with a license for 9 occupants, generating a net yield of 8.32%. Located in a prime location, it provides convenience and comfort for tenants and investors alike. The property comes fully furnished and tenanted, with long-standing tenants who have all been fully checked and passed referencing. With a potential to increase rents to market rates, the property offers a higher return. The shared amenities include a kitchen and dining area, outdoor space, and proximity to the town centre, train station, and transport links. With annual costs of £8,792, this turnkey investment is an excellent opportunity for investors looking for a hassle-free investment, offering flexibility for maximizing rental income.