Summary - 159, Middleton Road OX16 3QT
6 bed 4 bath Terraced
Ready-income HMO close to Banbury town centre, ideal for portfolio buyers.
Registered six-bedroom HMO, all rooms fully let
Advertised rental income £3,600 pcm from existing tenancies
Two rooms with en-suite and living areas, four rooms share facilities
Managed communal cleaning, timed sensor lighting, and fire alarm system
Sale by auction — 56-day completion and non-refundable reservation fee
Conflicting heating info: marketing states gas but data lists electric heaters
Small plot in a very deprived area; above-average local crime rates
Tenant notice required for viewings; on-site maintenance resource present
This six-bedroom mid-terrace is offered as a fully registered HMO, currently fully let and presented as an established income-producing investment in Banbury town. All six rooms are occupied, with two larger units featuring en-suites and living areas and four further rooms sharing facilities. The property is a short walk from the market centre and local amenities, making it convenient for tenants and sustaining rental demand.
The building is described as being in good order with communal cleaning and maintenance in place, timed motion-sensor lighting, and a managed fire alarm system. Double glazing is fitted throughout. The sale will be by Modern Method of Auction with a 56-day reservation period and a non-refundable reservation fee (4.5% of the purchase price, minimum £6,600 including VAT) payable by the buyer.
Buyers should note a few important practical points before viewing and bidding. The listing advertises a monthly rental income of £3,600 pcm, and communal services/maintenance are provided on-site, but there is a tenant notice period for viewings. Local area data shows above-average crime rates and high deprivation; the plot is small and the property is located in an urban, privately renting area. There is conflicting information about heating: marketing text mentions gas central heating, while technical data records electric room heaters as main heating—this should be clarified prior to purchase.
This property suits an investor seeking an immediately income-generating HMO with operational management in place. It offers refurbishment and yield potential but also carries auction-specific costs and local market considerations that will affect finance and long-term returns.
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