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The Fairway, Banbury OX16 5 bed detached house for sale
The Fairway, Banbury OX16
£600,000
The Fairway, Banbury OX16
£600,000
Our Summary
- Additionally, the rear commercial unit benefits from planning permission to be converted into two further apartments, offering excellent potential for future development and increased returns
- Potential to Improve Income
Description
This fully occupied investment property offers a strong rental income of £43,980 per annum, providing a gross yield of approximately 7.33% at the asking price of £600,000. The property comprises four self-contained apartments and a commercial unit to the rear, all with tenants in situ, providing immediate income for investors. The commercial unit also benefits from planning permission to be converted into two further apartments, offering excellent potential for future development and increased returns.