3-bedroom semi-detached house · OX16 1EL
Listing removedListed 41 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION: Entrance Hall accessed via UPVC front door: Wooden laminate floor. Thermostat to wall. Smoke alarm to ceiling. Radiator to wall. Cloakroom: Neutrally decorated.
Frosted double glazed window to front aspect. WC and wash hand basin with tile work surround. Living room: Neutral decoration. Radiator to wall. Wooden fireplace with marble hearth surround.
Electric fire. UPVC double glazed French door. Dining area: Double glazed windows to front aspect. Radiator to wall. Kitchen: Wooden laminate effect vinyl floor. Radiator to wall.
Range of grey wall and base units with light wood effect work surface. Inset stainless steel sink unit. Integrated washer/dryer, dishwasher and refrigerator. Electric cooker and gas hob.
Double glazed windows to rear aspect. Double glazed rear door. Bedroom Three: Radiator to wall. Double glazed window to front aspect. Access to loft space. Bedroom Two: Radiator to wall.
Double glazed window to rear aspect. Fitted wardrobe with hanging space. Airing cupboard housing hot water tank Bedroom One: Radiator to wall. Double glazed window to rear aspect.
Fitted wardrobe with hanging space. Ensuite: Tiled floor. Wash hand basin, WC and Shower cubicle with tile work surround. Radiator to wall. Extractor fan to ceiling. Shaver socket to wall.
Double glazed frosted window. Family bathroom: Tiled flooring. Radiator to wall. Low level WC, wash hand basin and bath. Extractor fan to wall. Double glazed frosted window to front aspect.
Garden mainly laid to lawn. Off road parking for two vehicles Garage with up and over door
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Lapsley Drive, Banbury, OX16 1EL
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