Back to HMOs
Sold

Epic 6 Bed HMO

West Street, Banbury OX16
Asking Price
£TBC
Gross Yield
TBC%
6
6
8
Download Brochure
interior-1

Overview

InvestmentTBC
Gross£39.0K/9.2%
Net£37.7K/8.9%
RegionSouth East
TenantProfessional
SPV HeldN/A
ManagementSelf Managed
TenancyMulti Tenancy (AST)
LicenseYes
Bedrooms6
Bathrooms6
Occupants8

Description

Well located professional HMO within walking distance to the town centre.

Financials

MonthlyAnnual
Gross Rent£3,251£39,012
Utilities£110£1,320
Net Rent£3,141£37,692

Mortgage

Estimate mortgage costs with a few assumptions (LTV, rate, term). Rates and LTV vary by lender.

Payment
Rate
70%
5.5%
25y
Loan
£297,500
Deposit
£127,500
Monthly Payment
£1,827
Repayment
Est. Rent / mo
£3,251

This is for illustrative purposes only. Always obtain professional & qualified advice for HMO mortgages. For more information on HMO mortgages click here.

Property

Property TypeHouse
Sub TypeMid-Terrace
TenureFreehold
ConstructionBrick & Tile
ConditionGood
HeatingGas Central Heating
Double GlazingFull
No Storeys4
GarageNone
GardenFront & Rear
ParkingNone
No Parking spaces0
Listed BuildingNo
Current EPC Rating53E
Potential EPC Rating82B
Sq Ft1,593 Sq Ft

Management

HMO Management TypeSelf Managed
Monthly Management£0
Management Rate0%

Management Notes

Local management available at 12%

HMO Management for incoming buyers is not mandatory, but recommended. For more information surrounding HMO Management click here.

Rentals

Tenant typeProfessional
Tenancy TypeMulti Tenancy (AST)
12 Month Occupancy100
OccupancyFully Let
No of Units6
No of Occupants8
TypeOcc.StatusAmount
1. Double Room / Ensuite—Let£520
2. Double Room / Ensuite—Let£498
3. Double Room / Ensuite—Let£693
4. Double Room / Ensuite—Let£520
5. Double Room / Ensuite—Let£520
6. Double Room / Ensuite—Let£500
Total—£3,251

Operating Costs

GasN/A
WaterN/A
WifiN/A
ElectricN/A
Cleaner£80
TV licenseN/A
Insurance£30
Council TaxN/A
Total£110

HMO Utilities for incoming buyers is not mandatory, but recommended. For more information surrounding HMO Utilities click here.

HMO Licensing

HMO License RequiredYes
HMO License TypeN/A
HMO License in PlaceYes
HMO License Expiry2020-07-15
HMO Licensing Cost£1000
No of Persons8
Units of Accommodation6
AuthorityCherwell District Council
Authority URLwww.cherwell.gov.uk
Planning Use ClassN/A

Floorplans

Floorplans will be available soon

Virtual Tour

Virtual tour will be available soon

Contact us to arrange a viewing

Map

Loading map...

Sign up to explore the interactive map

West Street, Banbury OX16· OX16 3HD

Unlock Full Property Details

Sign up to access detailed financial analysis, market insights, and investment highlights for this property.

Free to join • No commitment