Ready Made HMO Banbury Postcode OX16 - Ref 048
Purchase Price: £800,000
Gross Yield; 7.5%
Gross Rent; £60,240 Per Annum
£5020 Per Month
Bills Circa £500 per month
Management £502 - 10% Per Month
or can be self managed - £0
Condition; Immaculate NEWLY REFURBISHED
Tenanted; YES - FULLY TENANTED
Agent in Place; YES
An immaculately presented fully HMO compliant and licensed, fully tenanted & fully managed terraced property, with 10 Double Bedrooms in Banbury Town Centre.
This Fantastic Grade II Listed freehold HMO property comprises 10 bedrooms, all refurbished to an immaculately high standard, with brand new facilities throughout. The property also benefits from 2 large kitchens and a large reception/dining room, and 6 bathrooms.
The property has a brand new gas central heating throughout with a system boiler. and is of standard stone & tile construction.
This property provides a ‘turn key’ property investment solution to both private and institutional clients with a focus on high yielding accommodation in a town centre location.