24 bedroom block of apartments for sale

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24 bedroom block of apartments for sale

Middleton Road, Banbury, Oxfordshire, OX16 3QR
£2,450,000

Our Summary

  • Potential for Expansion: Between the two blocks, there is a studio space which could be converted into an additional rental unit (subject to the necessary planning permissions)
  • This offers further potential for income generation
  • With its attractive location, high-quality finishes, and the potential for further rental development (via the studio conversion), this property is sure to be a highly lucrative investment
  • Further Development Opportunity (STNPP)

Description

Located in the historic market town of Banbury, Cricketers Field offers a unique opportunity to acquire 12 well-maintained, two-bedroom apartments. The development consists of two separate blocks, each containing six apartments, offering a mix of comfort and convenience for tenants and investors alike. The apartments have been finished to a high standard, with modern fittings and a spacious layout, and benefit from energy ratings of B & C, demonstrating their energy efficiency. The property also includes ample parking for all 12 apartments, ensuring convenience for residents. With its attractive location, close proximity to Banbury town centre, transport links, and potential for further rental development, Cricketers Field represents an excellent opportunity for investors looking to acquire a fully let, high-yield residential block in a growing commuter town.