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See how verdicts work1-bedroom flat · OX16 2SY
For saleListed 60 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A recently modernised one bedroom first floor apartment located near the town centre with allocated parking Situation Banbury is conveniently located only two miles from Junction 11 of the M40, putting Oxford (23 miles), Birmingham (43 miles), London (78 miles) and of course the rest of the motorway network within easy reach.
There are regular trains from Banbury to London Marylebone (55 mins) and Birmingham Snow Hill (55 mins). Birmingham International airport is 42 miles away for UK, European and New York flights.
Some very attractive countryside surrounds and many places of historical interest are within easy reach.
A floorplan has been prepared to show the dimensions and layout of the property as detailed below. Some of the main features are as follows: * Recently modernised one bedroom apartment.
* Walking distance to town centre and train station. * Communal entrance hall and private entrance hall with access to airing cupboard.
* Light and airy living room with window to the front and opening to the kitchen.
* Modern kitchen comprising wall and base mounted units with integrated oven and hob, space for fridge freezer, space and plumbing for washing machine, window to side.
* Modern shower room with walk-in shower cubicle, WC, wash hand basin and extractor fan. * One allocated parking space and several visitor spaces. * The property is leasehold.
999 year lease which commenced on 1st January 1993. Service charge and ground rent tbc. Local Authority Cherwell District Council. Council tax band A.
Services All mains services are connected with the exception of gas. Viewing Strictly by prior arrangement with the Sole Agents Anker & Partners.
Energy Rating: D A copy of the full Energy Performance Certificate is available on request.
Anti Money Laundering Regulations In accordance with current legal requirements, all prospective purchasers are required to undergo an Anti-Money Laundering (aml) check.
An administration fee of £30 plus VAT per applicant will apply. This fee is payable after an offer has been accepted and must be settled before a memorandum of sale can be issued.
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
FAQ
About 21, Parklands, Banbury
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