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8 bedroom semi-detached house for sale
Prospect Road, Banbury, Oxfordshire
£565,000
Prospect Road, Banbury, Oxfordshire
£565,000
Price History
Initial price | £595,000 |
11/07/24 | £565,000 |
Price Change | -5.04% |
Description
This exceptional 8-bedroom HMO property offers a remarkable investment opportunity with a license for 9 occupants, generating a net yield of over 7%. The property is located in a prime location, within walking distance of the town centre, train station, and local amenities. The property features 8 spacious bedrooms, each with its own ensuite bathroom, as well as two self-contained bedrooms with kitchenettes. The shared kitchen and dining area is equipped with multiple white goods, and each tenant has their own fridge. The low-maintenance garden provides outdoor space for relaxation, and the property is fully furnished and tenanted, making it a turnkey investment opportunity for hassle-free returns. With a high yield and flexibility to maximize rental income, this property is an excellent chance for investors to acquire a lucrative HMO property in a sought-after location.