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See how verdicts work1-bedroom flat · OX16 1EZ
For saleListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern ground floor apartment located on the popular Hanwell Fields development close to nearby amenities.
Entrance hall | Living/dining room | Kitchen | Double bedroom |Bathroom with separate shower cubicle |UPVC double glazing | Electric heating |Allocated parking Located on this popular development enjoying a no-through road position, a generous size one bedroom apartment offered with no onward chain.
Accommodation Front door. Spacious entrance hall: Airing cupboard housing hot water tank and immersion heater. Laminate flooring. Door through to living/dining room.
Living/dining room: Laminate flooring. Dual aspect room with windows to front and rear. Walkway through to kitchen. Kitchen: Stainless steel inset sink unit and drainer.
Range of contemporary wall and base units. Integrated 4 ring electric hob with electric oven under, extractor fan over. Free space and plumbing for washing machine.
Space and plumbing for slim-line dishwasher. Space for fridge/freezer. Tiling to splashback areas. Window to rear. Bedroom: Generous double bedroom with window to rear. Laminate flooring.
Bathroom: White suite comprising of panelled bath with mixer tap shower, pedestal handbasin and low level WC and fully tiled separate shower cubicle. Further tiling to splashback areas. Extractor fan.
Window to front. Heated towel rail. Outside Allocated parking, plus visitor’s parking bays. Agents Note Service charge: Currently £1991.82 per annum. Ground rent: Currently £377.71 per annum.
Lease: 125 years from 1st January 2005.
Directions: From Banbury Cross proceed North along North Bar and at main set of traffic lights continue onto the Southam Road and just before leaving Banbury take the left turn onto Dukes Meadow Drive.
At the third roundabout turn left and Rosemary Drive is on the left hand side.
Banbury The town of Banbury is conveniently located only 2 miles from Junction 11 of the M40 meaning larger cities are within easy reach.
There are regular trains to London Marylebone, Oxford and Birmingham New Street. Very attractive countryside and places of historical interest are also easily accessible.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Rosemary Drive, Banbury OX16 1EZ
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