3 Bedroom Mid-Terraced House, Sussex Drive, Banbury, OX16

BUY TO LET INVESTORS ONLY-SOLD WITH TENANTS IN SITU SINCE February 2021

Current Rent £1200 pcm=7.3% Gross Yield per annum

This three bedroom mid-terraced house offers an excellent opportunity for buy-to-let investors, as it is being sold with tenants in situ (since 2021). The property currently achieves a rental income of £1,200 per calendar month, representing a gross yield of 7.3 percent per annum. Internally, the house boasts a modern kitchen with a spacious dining area, ideal for both family meals and entertaining guests. The contemporary family bathroom is finished to a high standard, and two of the bedrooms feature fitted wardrobes, providing ample storage. The layout is practical and designed to suit modern living. The property falls within Council Tax Band B, and the EPC is to be confirmed. Situated in the popular Hardwick area, the house is conveniently close to local amenities, schools, and transport links, making it a sought-after location for tenants.

Externally, the property features both front and rear gardens, offering private outdoor spaces for relaxation and recreation. The rear garden provides direct access to unallocated off-street parking, ensuring convenient parking for residents. The front garden presents an attractive welcome to the property. Additionally, residents benefit from access to a communal green, which enhances the sense of community and provides further space for children to play or for enjoying the outdoors. The combination of private and communal outdoor areas, along with the practical parking arrangement, adds to the appeal of this investment opportunity. Whether for families or professional tenants, making this property a strong addition to any rental portfolio.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: MP has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: MP has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

A Buyer’s Reservation Fee forms part of any agreed purchase price. Please contact branch for more information.