1-bedroom flat · OX16 5EY
For saleListed 202 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom retirement apartment situated on the first floor Retirement Homesearch are delighted to offer this one bedroom retirement apartment located on the first floor.
Spencer Court is conveniently located within walking distance to the local high street with a range of shops. A shopping centre is being developed nearby.
Bus stop within walking distance along with a Morrison's across the street which is a full size supermarket.
Spencer Court was constructed by McCarthy & Stone (Developments) Ltd and comprises 75 properties arranged over 4 floors each served by lift.
The Development Manager can be contacted from various points within each property in the case of an emergency.
For periods when the Development Manager is off duty there is a 24 hour emergency Appello call system. Each property comprises an entrance hall, lounge, kitchen, one or two bedrooms and bathroom.
It is a condition of purchase that residents be over the age of 60 years, or in the event of a couple, one must be over the age of 60 years and the other over 55 years.
Please speak to our Property Consultant if you require information regarding "Event Fees" that may apply to this property. Accommodation Airing Cupboard housing electric meter.
Front door leads to the Entrance Hall With ceiling light point. Intruder Alarm. Smoke detector. Ceiling lights. Emergency pull cord. Electric meters. Living Room Electric night storage heater.
Power points. TV aerial point. Emergency pull cord. Ceiling light points. Telephone point. Kitchen Tiled and fitted with wall and base units. Single drainer sink unit. Work tops.
Built in oven and hob. Wall heater fan. Emergency pull cord. Bedroom Built in wardrobe with hanging rail and shelf. Electric night storage heater. Power points. Ceiling light points.
Emergency pull cord. Shower Room Tiled and fitted with suite comprising shower with hand grips and shower over. WC with low level flush. Vanity unit. Extractor fan. Wall mounted electric heater.
Heated towel rail. Emergency pull cord
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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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
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FAQ
About 21, Spencer Court, Banbury
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