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6 bed property, in Middleton Road, £460,000
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6 bed terraced house

Middleton Road, Banbury OX16
£460,000

Our Summary

  • Potential for rental growth
  • This fully tenanted six-unit HMO offers an established investment opportunity with a strong rental history and a current rental income of £3,787 per calendar month

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Description

The property is a six-unit house in multiple occupation (HMO) arranged over three floors and extending to approximately 1,630 sq ft. It features a mix of 1-2 bedrooms, with six individual units containing rooms, bedsits, and self-contained studio accommodation. Ground floor units include two bedsits with integrated kitchenettes and one larger studio with its own kitchenette and en-suite shower room.

First-floor units have kitchenettes and shared bathrooms. The top floor studio has its own kitchenette and bathroom. The property has an enclosed rear garden with seating and a vegetable patch, and benefits from double glazing, gas central heating, mains electricity, and mains water.