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See how verdicts work2-bedroom flat · OX16 1EY
For saleListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious top floor apartment offered in excellent decorative order throughout, benefiting from garage and parking space, located within easy access of many amenities.
Entrance hall | Open plan living/dining room| Kitchen| Master bedroom with en-suite| Further double bedroom | Spacious bathroom| Useful store cupboards |Attic | Gas central heating |UPVC double glazing | Garage| Allocated parking bay Located on this popular Hanwell Fields development, a two bedroom second floor apartment enjoying a gated residential development of twelve apartments.
The property benefits from two double bedrooms, open plan living accommodation and is offered with no onward chain. Accommodation Communal hallway. Two flights of stairs up to the apartment.
Spacious entrance hall: Two useful storage cupboards. Entry phone system. Thermostat for heating. Access to loft. Door to open plan L-shaped dual aspect living/dining room.
Living area has feature fireplace with living flame electric fire. Walkway through to kitchen. Kitchen: Stainless steel bowl and a half inset sink unit and drainer.
Range of white wood fronted wall and base units. Ample work surfaces. Integrated four ring gas hob with electric oven and grill under, approximately 3 years old.
Space and plumbing for washing machine. Integrated fridge/freezer. Integrated dishwasher. Velux window. Master bedroom: Generous double bedroom with fitted wardrobes. Door to en-suite.
Fully tiled shower cubicle, pedestal handbasin and low level WC. Further tiling to splashback areas. Extractor. Bedroom two: Generous size double bedroom with fitted wardrobes.
Bathroom: Modern white suite comprising of panelled bath with mixer tap shower, pedestal handbasin and low level WC. Recessed spotlights. Extractor. Heated towel rail.
Airing cupboard housing Superflow high efficiency water tank installed approximately 2 years ago. Velux window. Outside Allocated parking bay. Brick built garage with pitched roof for storage.
Metal up and over door. Agents Note Small communal garden. Communal bin store. Leasehold: 999 years from January 2003 (approximately 978 years remaining) Service Charge: £1418.24 annual.
Ground Rent: £201.90 annual.
Directions: From Banbury Cross proceed north to the traffic lights and continue onto the Southam Road; at the second roundabout upon leaving town, take the left turn into Dukes Meadow Drive, first left into Lapsley Drive and Sir Henry Jake Close can be found on the right.
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.
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About Sir Henry Jake Close, Banbury
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