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See how verdicts work1-bedroom flat · OX16 5HP
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented one-bedroom town centre apartment, situated within an attractive Victorian building at St John's Place, Banbury.
Converted in 2012 to create a selection of character apartments, this property combines period features with modern fittings and benefits from an excellent central location, within easy reach of the town's shops, supermarkets, hospital, railway station and other everyday amenities.
The apartment is presented in immaculate condition throughout and offers well-proportioned accommodation comprising an private entrance hallway, spacious living room, refitted kitchen/dining room, large double bedroom and refitted bathroom.
Character features include original sash windows, including two bay windows overlooking St John's Church and South Bar, while the bespoke kitchen was refitted by the current owners in 2022.
Entrance Hallway Accessed via a personal front door, the entrance hallway provides access to all accommodation. The hallway features laminate wood flooring and a wall-mounted fuse box.
Living Room A spacious and characterful reception room, enjoying a good degree of natural light from two original sash windows, including an attractive sash bay window overlooking St John's Church and South Bar.
The room benefits from laminate wood flooring, a useful storage alcove and a wall-mounted electric column radiator.
An open archway leads through to the kitchen/dining room, creating a natural flow between the two living spaces.
Kitchen/Dining Room The kitchen was refitted by the current owners in 2022 and features a bespoke design sympathetic to the age and character of the building.
The kitchen is fitted with a range of base units complemented by hardwood work surfaces and a traditional Belfast sink.
Integrated appliances include a washer/dryer, dishwasher and under-counter fridge, with space for a freestanding oven and an extractor hood above.
Further features include laminate wood flooring, tiled splashback areas, recessed spotlights and a useful storage alcove.
There is ample space for a dining table and chairs, while an original sash window to the side aspect provides natural light.
Bedroom A spacious double bedroom featuring an attractive sash bay window to the front aspect, enjoying views towards St John's Church and South Bar.
The room also benefits from a wall-mounted electric column radiator and recessed spotlights.
Bathroom The refitted bathroom comprises a contemporary three-piece white suite, including a low-level WC, circular wash hand basin with built-in storage beneath, and a panelled bath with shower over.
The room is finished with tiled splashback areas, marble tiled flooring, a wall-mounted heated column towel rail, extractor fan and recessed spotlights.
Outside Communal Frontage Access to St John's Place is via wrought-iron gates leading into a paved communal courtyard, enclosed by an attractive stone wall and wrought-iron railings.
Steps rise to the apartment's entrance, which is accessed through its own personal front door.
The property occupies a particularly convenient town centre position, with a wide range of amenities, shops, the hospital and Banbury railway station all within easy reach.
125 year lease from January 1st 2012 (approximately 109 years remaining) Service Charge: £66 pcm Ground Rent: £250 pa This information has been given to us by the owners and we would recommend gaining confirmation via your solicitor.
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.
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FAQ
About St. Johns Place, Banbury, OX16 5HP
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