6 bedroom terraced house

Exceptional Six-Bedroom Registered HMO in Banbury – An Investor's Dream

An outstanding investment opportunity awaits with this fully registered six-bedroom House in Multiple Occupation (HMO), perfectly situated within easy walking distance of Banbury Town Centre and its vibrant shopping area.

Boasting a strong rental history and consistently high demand, this property is presented in excellent order and offers a fantastic monthly income of £3,600. The property is currently fully let, making it an ideal, turn-key addition to any portfolio.

This spacious property spans 1630 sq ft and features well-proportioned living spaces distributed over three floors. The ground floor includes an inviting entrance hall with a security system for ground floor rooms, leading to two self-contained units.

Each unit within the property is thoughtfully equipped for independent living. Units 1 and 2, located on the ground floor, both feature large windows, radiators, and integrated kitchenettes. The ground floor also benefits from a private studio room (Unit 3) at the rear, offering a superb and comfortable self-contained space with its own kitchenette and an en-suite shower room.

Ascending to the first floor, a bright landing provides access to further accommodations. Unit 4 is a spacious and light-filled room with a window to the front and a built-in kitchenette. Unit 5, located at the rear, also offers a comfortable space with its own kitchenette. The first floor also houses two shared bathrooms, one with a panelled bath and separate shower unit, pedestal wash hand basin, and low flush WC. The second bathroom, equipped with a shower cubicle and low flush WC, requires some attention.

The top floor is home to Unit 6, a studio room that benefits from abundant natural light. This unit is fully self-contained, comprising a separate kitchenette and bathroom, enhancing its appeal to tenants.

Additional features of this property include full double glazing, mains gas central heating, mains electricity, and mains water supply, ensuring modern comforts and efficiency. The rear garden is fully enclosed, featuring a dedicated vegetable area and seating, providing pleasant outdoor space.

The property benefits from a dedicated on-site maintenance team. For enhanced safety and convenience, all communal areas, stairs, and walkways are fitted with timed motion sensors for lighting and a managed fire alarm system. These communal areas are also cleaned weekly.

Located close to local amenities and with excellent transport links, this HMO presents a compelling opportunity for investors looking to expand their portfolio in a sought-after area.

Key Features Summary:
- Six spacious bedrooms, all currently fully let.
- Registered HMO with strong rental income of £3,600 pcm.
- Total floor area of 1630 sq ft.
- Two generous reception rooms.
- Four bathrooms throughout the property.
- Off-street parking available.
- Enclosed rear garden with a vegetable area and seating.
- Gas central heating and double glazing.
- Walking distance to Banbury Town Centre and shopping facilities.
- On-site maintenance man for efficient upkeep.

Please Note: This property is for sale by the Modern Method of Auction. A 48-hour notice period is required for viewings to respect tenant privacy.

Book your viewing today to fully appreciate the impressive scale and income potential of this property. Please quote Reference EB1112 when booking your appointment.