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8 bedroom semi-detached house for sale
Prospect Road, Banbury, Oxfordshire
£525,000
Prospect Road, Banbury, Oxfordshire
£525,000
Our Summary
- This exceptional 8-bedroom HMO property offers an outstanding investment opportunity with a license for 9 occupants, fully tenanted and generating a remarkable net yield of 8
- There is potential to increase rents to market rates, offering a higher return
- 32% from this fully tenanted property with the potential to increase rental income
- Don t miss this chance to acquire a lucrative HMO property in a sought-after location with excellent potential for rental growth
Description
This exceptional 8-bedroom HMO property in a prime location offers a remarkable investment opportunity with a license for 9 occupants and a fully tenanted status. The property is fully furnished and comes with a net yield of 8.32%, with potential to increase rental income by increasing rents to market rates. The property has spacious bedrooms, each with its own ensuite bathroom, and two of the largest bedrooms have a kitchenette. The property is fully equipped with shared amenities, including a kitchen and dining area, and outdoor space. The location is within walking distance of the town centre, train station, and shops, making it an ideal location for commuters. The property is a turnkey investment, fully furnished and tenanted, and is an excellent opportunity for investors looking for a hassle-free investment with potential for rental growth.