We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work8-bedroom semi-detached house · OX16 5HL
For saleReduced £27k (−5.1%) on 25 OctListed 375 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This exceptional 8-bedroom HMO property offers an outstanding investment opportunity with a license for 9 occupants, fully tenanted and generating a remarkable net yield of 8.32%.
The property is located in a prime location, providing convenience and comfort for tenants and investors alike. Property Details: Bedrooms: 8 spacious bedrooms, each with its own ensuite bathroom.
Two of the largest bedrooms (1a+7) have the luxury of their own kitchenette. Furnished: The property comes fully furnished, ready for immediate rental or occupancy.
Rent Breakdown (Current Tenancy): Room 1: 570 Room 1a: 605 Room 2: 450 Room 3: 530 Room 4: 550 Room 5: 575 Room 6: 480 Room 7: 680 Total Monthly Rent: 4,440 Total Annual Rent: 53,280 Gross Yield: 10.15% Net Yield: 8.32% The property is fully tenanted with long-standing tenants who have all been fully checked and passed referencing, ensuring they are reliable professionals.
There is potential to increase rents to market rates, offering a higher return.
Market Rent Breakdown (Potential): Room 1: 650 Room 1a: 750 Room 2: 575 Room 3: 595 Room 4: 595 Room 5: 595 Room 6: 595 Room 7: 775 Total Monthly Rent: 5,130 Total Annual Rent: 61,560 Gross Yield: 11.73% Net Yield: 9.90% Shared Amenities: Kitchen/Dining Area: A shared kitchen and dining area equipped with multiple white goods.
Each tenant has their own fridge for added convenience. Outdoor Space: Low-maintenance garden with rear access to the road, perfect for outdoor relaxation and easy entry and exit.
Location & Accessibility: Prime Location: The property is situated within walking distance of the town centre, offering easy access to shops, restaurants, and entertainment options.
Transport Links: The train station is within walking distance, making it an ideal location for commuters.
Investment Highlights: High Yield: Enjoy a net yield of 8.32% from this fully tenanted property with the potential to increase rental income.
License for 9 Occupants: Offers flexibility for maximizing rental income.
Current Bills (Annual Costs): Broadband (Plusnet): 358.27 Council Tax: 2,014.00 Thames Water: 1,034.00 EON (Electricity & Gas): 3,587.27 Fire Alarm (6-monthly service): 547.32 Annual Extinguisher Test: 105.00 Insurance: 652.75 Annual Gas Check: 60.00 Cleaner: 1,210.76 Turnkey Investment: Fully furnished and tenanted, making it an excellent opportunity for investors looking for a hassle-free investment.
Don t miss this chance to acquire a lucrative HMO property in a sought-after location with excellent potential for rental growth. Contact us today for more information and to arrange a viewing!
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 Prospect Road, Banbury, Oxfordshire
Explore nearby
