4-bedroom detached house · OX16 0FN
For saleReduced £10k (−2.3%) on 26 SepListed 37 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stone built four bedroom detached property benefitting from a kitchen/diner, an ensuite to the master bedroom, garage and driveway, which overlooks a pleasant green to the front 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: * Entrance hall with doors to all ground floor accommodation, understairs cupboard and stairs to first floor.
* Ground floor cloakroom with WC, wash hand basin and extractor fan. * Living room with bay window to side and further window to front, space for living room and dining room furniture.
* Kitchen/dining room with a range of wall and base mounted units with built-in double oven, hob and extractor, dishwasher, space for fridge freezer, ample space for table and chairs, window and door to rear garden.
* Utility room with cupboards, worktop, space and plumbing for washing machine, space for tumble dryer, cupboard housing the gas fired boiler, door to side.
* First floor landing with access to airing cupboard and hatch to loft.
* The master bedroom is a double with a window to the side, built-in wardrobes and door to ensuite comprising wash hand basin, WC, fully tiled shower cubicle, extractor fan, heated towel rail and window.
* The second bedroom is also a double with space for wardrobes. * Two further bedroom both with windows to the front overlooking the green.
* Family bathroom fitted with a suite comprising bath, shower cubicle, WC, wash hand basin, extractor fan, window and part tiled walls.
* The garden is low maintenance with various spaces for tables and chairs. Access to summerhouse fitted with power and lights. * Single garage with up and over door, light and power. Driveway parking.
Services All mains services are connected. The boiler is located in the utility room. * There is an annual estate charge of £192.76 payable to Meadfleet Ltd. Local Authority Cherwell District Council.
Council tax band E. Viewing Strictly by prior arrangement with the Sole Agents Anker & Partners. Energy Rating: B 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
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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 62, George Parish Road, Banbury
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